IncentivesNews

On-Bill Repayment Proposal in California

By July 29, 2013 No Comments

In June 2013, the California Public Utilities Commission (CPUC) submitted a proposed decision on implementation rules for the state’s on-bill repayment program for commercial properties. The program would “allow building owners to to finance clean energy retrofits with third party capital and repay the obligation through their utility bills.” The Environmental Defense Fund (EDF), designers of the financing program, are still in the process of working out details on financing options in order to make the effort viable for building owners and banks, but confidence remains high for the program’s success.

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