Priority Area: Clean Energy and Building Decarbonization
Barrier: Retrofit Feasibility

Challenge/Local/State

Description

State Solution
(Type of Activity: Policy/Regulation )

State should offer and expand accessible low-interest financing tools (comparable to those used in affordable housing) to help households and small businesses cover upfront costs of electrification and retrofit upgrades that are financially out of reach even when long-term savings exist.

Existing Examples of Progress: California's GoGreen financing program provides low-interest loans for energy upgrades and represents an existing model for how state-backed financing can bridge the upfront cost gap for small businesses and households entering the clean energy transition.
Region: Central Coast, Los Angeles

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