State-Administered, Utility-Supported Financing for Energy Efficiency Retrofits

Learn about the State of Californiaʼs programs making attractive financing for energy upgrades available to homeowners, renters, small businesses and affordable multifamily properties. You can help your constituents save energy and lower their utility bills by connecting them to these programs. This webinar will feature a presentation on available financing and a panel discussion with several program partners of the California Hub for Energy Efficiency Financing (the Hub) to discuss customer benefits from different perspectives and answer audience questions about how this financing fits their constituentsʼ needs.

Lowering the barriers to energy efficiency (EE) retrofits through financing, particularly in underserved market sectors, is critical to reaching the stateʼs goal of reduced energy consumption with shared benefits for all Californians. In this webinar, participants will hear from representatives of the Hub, a program of the State Treasurerʼs Office that leverages private capital to provide affordable financing for EE upgrades. The Hub operates financing programs that offer a credit enhancement to participating lenders, which allows them to expand their underwriting criteria. This creates financing opportunities for underserved borrowers – including renters, new business owners and those with lower credit scores — while introducing new products to the market with lower interest rates, longer payback terms, and broader credit approval. By removing the upfront costs for EE upgrades, these programs allow Californians to prioritize efficiency and make lasting impacts on their energy use, including through decarbonization measures. The Hub is supported by the California Public Utilities Commission (CPUC) and the stateʼs Investor-Owned Utilities (IOUs).