Image for On-Bill Financing Programs

On-Bill Financing Programs

On-Bill Financing Programs allow utility customers to fund energy efficiency upgrades or renewable energy projects by paying back the costs through their regular utility bills. The idea is that the savings from improved energy efficiency offset the additional payments, making upgrades affordable without large upfront costs. This program encourages homeowners and businesses to invest in greener, cost-saving solutions while spreading out the expense over time, aligned with the benefits received. It's a convenient way to improve energy performance without needing separate loans or capital upfront.