Get Interest-Free Financing on Energy-Efficiency Upgrades
Want to make energy-efficient improvements, but need help financing? Your business could qualify for our On-Bill Financing Program (OBF).
Program participants will enjoy:
- 0% interest loans
- No fees
Convenient loan repayment through your monthly SCE utility bill
You could also receive additional benefits from your project, including long-term energy savings and financial incentives for installing qualified energy-efficient equipment (restrictions apply).
We Work with You from Application to Financing
- Submit your OBF application for credit evaluation and approval.
- Once approved, you can install your project and submit your Installation Report.
- After inspecting and approving your installation, we’ll process your incentive payment.
- Finally, we’ll distribute your OBF loan funds and you’ll begin monthly repayments.
Who is eligible?
All SCE Business Customers are eligible to apply. To participate in OBF, you’ll need to:
- Apply for one or more qualifying incentive programs
- Have an active SCE account
- Be in good credit standing with SCE
- Confirm that you would only undertake this project with the help of an OBF loan
Full Eligibility Requirements
To participate in OBF, you’ll need to:
- Participate in one or more of the following SCE programs:
Capital projects under the Strategic Energy Management Program
Or participate in one or more of the following Third Party Energy (EE) Programs for SCE Customers:
- Commercial Energy Efficiency Program
- Industrial Energy Efficiency Program
- Multifamily Energy Efficiency Program
- Illuminate California
- California Energy Wise
- State of California Energy Strategy and Support Program
Note: SCE is not, and shall not be deemed to be, a party or guarantor to any agreement between a customer and any third-party implementer. SCE has no contractual obligation, directly or indirectly, to the customer as it relates to the third-party energy efficiency programs.
Learn more about Third-Party Energy (EE) Programs for SCE Customers.
- Be an SCE business customer with:
- A creditworthiness score of Low to Medium Risk Class
- No previous OBF loan defaults
Customer must confirm that the financed project would not have been undertaken in the same capacity if it was not for the availability of the OBF loan.
Other terms and conditions apply.
Apply Online
To get started with On-Bill Financing, use the User Guide for Submitting OBF Applications to submit your OBF application in your MyAccount. Read the OBF Terms & Conditions for more information about the program.
Customers participating in an eligible Third Party Energy (EE) Programs will also be required to complete a Project Matrix Form as part of the OBF application process.
Contact Us
Have questions or unable to apply online? Email businessincentives@sce.com
or call 1-800-736-4777.
On-bill Financing Frequently Asked Questions
On-bill Financing FAQ
Participation in a qualified incentive and/or rebate is required for OBF approval. OBF funding covers the remaining cost of qualifying energy efficiency measures after applicable incentives and/or rebates.
Loan limits vary by customer segment. Loan limits apply to the Service Account (SA), so customers with multiple SAs may take loans under each SA, subject to terms and conditions.
The maximum loan amount is the difference between the final approved total project cost of the installed, eligible energy efficiency solutions, and the incentives paid by SCE for the energy efficiency project. Loan funds must be used for the purchase and installation of qualified energy efficiency equipment.
Customers requesting a change of the company representative’s name on their OBF application prior to receiving the loan funds, will be required to complete an OBF Name Change Form. Additionally, loan approval will be dependent on a new Touch Point Checklist to be completed by the new applicant. This is required to ensure the person signing for the loan is aware of the OBF terms and conditions.
1. Applicants seeking to change an application in ways that impact energy savings, or bill neutrality, will be required to submit a new application. No amended applications will be accepted.
Bundled OBF Loan - Aggregated OBF loan comprised of two or more Governmental and Institutional loans.
Help Us Create a Clean Energy Future
Your energy-efficiency projects help us get closer to our goal
of a carbon-free future in California.
This program is funded by California utility customers and administered by Southern California Edison under the auspices of the California Public Utilities Commission. This program is offered on a first-approved, first-served basis and is effective until funding is expended or the program is discontinued by the California Public Utilities Commission. The website provides information for the customers’ convenience; however, the program terms and conditions are set forth in the On-Bill Financing application and in the event of a conflict between the Loan Agreement and this website, the terms of the Loan Agreement shall govern. This program may be modified or terminated without prior notice.
1Premise is defined as a building or a single location that provides a particular service or is used for a particular purpose.
2Bill neutrality, according to the CPUC’s May 18, 2012 decision guiding the 2013-2014 portfolio, refers to the situation in which the combined monthly or annual cost of energy efficiency loan repayments and the post-project utility bill do not exceed the amount of the original utility bill prior to the project being undertaken. See www.cpuc.ca.gov for more information.