ZERO-PERCENT ON-BILL FINANCING

[Pages:2]ZERO-PERCENT ON-BILL FINANCING

THIS PROGRAM OFFERS INTEREST-FREE FINANCING FOR THE PURCHASE AND INSTALLATION OF EQUIPMENT COVERED BY SOCALGAS? ENERGY-EFFICIENCY PROGRAMS.

WHAT IS ON BILL FINANCING?

On-bill financing (OBF) allows eligible SoCalGas customers to finance their energy-efficiency projects interest free.

On-bill financing features: ? 0% secured, non-transferable loans ? No origination fee or loan costs ? No prepayment penalty ? Loan repayment conveniently added to

your monthly SoCalGas bill ? Long-term natural gas savings

WHO IS ELIGIBLE?*

? SoCalGas non-residential customers (including taxpayer-funded institutional customers) and owners of multifamily units who do not reside on the premise.

? Active account with SoCalGas for a minimum of the last two years with the same business, which must be in good credit standing.*

PROJECT ELIGIBILITY*

? Equipment must be installed at the meter of the account holder of record for which the loan is being made.

? Project must meet terms and conditions of one or more energy-efficiency programs offered by SoCalGas.

? Estimated energy savings must be sufficient to repay the loan during repayment period: 5 years maximum for business customers or 15 years maximum for institutional customers. Loan term is simple project payback in months.

* Other eligibility requirements may apply. To verify eligibility visit and search "ON BILL FINANCING" or call 1-800-427-6584

PROGRAM LOAN LIMITS

CUSTOMER SEGMENT

LOAN AMOUNTS

MAX LOAN TERMS

BUSINESS

MULTI-FAMILY

?Common area

measures only

LOW INCOME MULTI-FAMILY

?Common area

measures only

?65% of tenants must

be income qualified

MIN. - $5,000

5 years or useful equipment

MAX. - $100,000 life (whichever is shorter)

MIN. - $5,000

5 years or useful equipment

MAX. - $100,000 life (whichever is shorter)

MIN. - $5,000 MAX. - $250,000

10 years or useful equipment life

(whichever is shorter)

INSTITUTIONAL (CITIES, COUNTIES, SCHOOLS)

MIN. - $5,000 MAX. - $250,000

15 years or useful equipment life

(whichever is shorter)

STATE OF CALIFORNIA

MIN. - $5,000 MAX. - $1,000,000

15 years or useful equipment life

(whichever is shorter)

SAMPLE LOAN CALCULATION

PROJECT COST

REBATE /INCENTIVE AMOUNT

LOAN AMOUNT (REMAINING COSTS TO BE FINANCED)

ESTIMATED ANNUAL ENERGY SAVINGS FROM UPGRADE

ESTIMATED MONTHLY LOAN REPAYMENT

SIMPLE PAYBACK PERIOD

$10,500 $2,500 $8,000 $1,743

$143 56 MONTHS

EXAMPLES OF QUALIFYING PROGRAMS AND EQUIPMENT

All equipment must qualify for at least one of our energy-efficiency programs. Here is a partial list of programs and qualifying equipment.

ENERGY-EFFICIENCY REBATES FOR BUSINESS

Commercial fryer Commercial griddle High-efficiency fryers Ozone laundry system Pool covers Pipe/tank insulation Pressureless cooking steamers

ENERGY-EFFICIENCY CALCULATED INCENTIVE PROGRAM

Boiler econimizers Furnaces, kilns, ovens Heat recovery Lean-burning natural gas engines Thermal oxidizer Waste water heat recovery

For qualifying institutions, an OBF application could include multiple projects on different sites of the same customer.

If your energy-efficiency project is not listed here but has a payback period that could qualify for On-bill financing, please give us a call. We are available to help find the right solution for you.

GET STARTED

On-bill financing can help qualified customers with zero-percent financing in just a few simple steps.

1. Visit us at (search "ON BILL FINANCING"), call 1-800-427-6584 (select option 6), or email us at scgobf@ to contact our program staff and see if your project qualifies prior to purchasing products. Qualified projects will receive a no-cost energy audit to determine the energy savings.

2. Apply for the energy-efficiency rebate or incentive.

3. Contact OBF staff for pre-qualification.

4. Receive loan package once SoCalGas verifies other qualifications (such as maximum payback period).

5. Sign and return the loan application documents.

6. After the loan application documents have been approved by SoCalGas, install the equipment (SoCalGas will conduct 100 percent post-inspections of all qualified equipment).

7. Receive the loan. Your monthly loan installment will be included on your utility bill.

This program is funded by California utility customers and administered by Southern California Gas Company under the auspices of the California Public Utilities Commission. This financing offering is provided to eligible customers on a first-come, first-served basis. Program funds will be allocated on a first-come, first-served basis until such funds are no longer available. This program may be modified or terminated without prior notice. The selection, purchase, and ownership of goods and/or services are the sole responsibility of customer. SoCalGas makes no warranty, whether express or implied, including the warranty of merchantability or fitness for a particular purpose, of goods or services selected by customer. Customers who choose to participate in this program are not obligated to purchase any additional goods or services offered by contractor or any other third party. SoCalGas does not endorse, qualify, or guarantee the work of any contractor or other third party. To qualify, equipment must meet technical requirements and be installed according to local building codes and ordinances and/or manufacturer's requirements. Additional eligibility requirements apply; see the program requirements for details.

? 2017 Southern California Gas Company. Trademarks are property of their respective owners. All copyright and trademark rights reserved. N17H0084A 0817



1-800-427-6584

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