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Finance Product Details

On Bill Financing by Southern California Edison
Product Description
On-Bill Financing provided by Southern California Edison (SCE) offers a zero-interest unsecured loan for the installation of qualified energy-efficient equipment. It allows eligible customers to make payments as part of a line item on their utility bill. Those who take advantage of this program must also apply for and receive incentives and/or rebates.
Miscellaneous Information
State of CA accounts may be eligible for up to $1 million per meter.


This financing may also be combined with Utility On-Bill Financing from other utilities such as Southern California Gas Company. See the program website for additional details.
Verified by Lender on: 12/5/2016
12/21/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Unsecured
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
5, 10 years
Minimum Amount:
$5,000
Maximum Amount:
$250,000
Fees:
None
Down Pmt. Required:
No
Re-pmt. Method:
On-bill financing
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Demand Response projects
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
More than 48 hours
Equity in Property Needed
No

Other Variations of this product

On Bill Financing by Southern California Edison

Property Types
Sponsor
Financing Type Unsecured loan
Term (years) 5,  10 year(s)
Rate (APR) Market Rate
Min. Amount $5,000
Max. Amount $100,000
One-time Fees No
Ongoing Fees No
Description On-Bill Financing provided by Southern California Edison (SCE) offers a zero-interest unsecured loan for the installation of qualified energy-efficient equipment. It allows eligible customers to make payments as part of a line item on their utility bill. Those who take advantage of this program must also apply for and receive financial incentives and/or rebates.