1 / 5

On-Bill Financing for 2009-2011

On-Bill Financing for 2009-2011. CPUC Financing Workshop - June 15, 2009 Brian DiGiorgio, PG&E Technology Transfer. PG&E EE Portfolio Filing proposal. Program elements – striving for Statewide consistency- Loan terms out to five years for small commercial customers;

geranium
Download Presentation

On-Bill Financing for 2009-2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. On-Bill Financing for 2009-2011 CPUC Financing Workshop - June 15, 2009 Brian DiGiorgio, PG&E Technology Transfer

  2. PG&E EE Portfolio Filing proposal Program elements – striving for Statewide consistency- • Loan terms out to five years for small commercial customers; • Loan terms out to 10 years for institutional customers; • Loan amounts up to $100,000 for small commercial customers; • Loan amounts up to $250,000 for institutional customers; • Loans funded using energy efficiency funds with program management by each IOU; and • Loan defaults insured through energy efficiency funds.

  3. Points of interest…and challenges Institutional Customers- Many are like small businesses (capital constraint, lack of knowledge, lack of staff, “small” facilities) • Need simplicity and are asking for turnkey solutions Larger Institutional customers scoff at $250K max (many projects over $250,000 in the queue) • Need for a big program to make progress. Is cost of market-rate capital a deal-killer, or will private funding with on-bill repayment be compelling?

  4. Points of interest…and challenges Small Commercial Customers- Market research deferred due to Bridge Funding, but our pilot and other sources suggest that: • Comprehensive solutions are expensive and hard to sell to small businesses • Programs are best rolled out slowly, and built upon increasing competence and successes • Best to leverage existing sales forces (contractors and sales teams) to identify likely customers

  5. Potential Institutional Customer Program designs Two flexible Line Item Billing solutions- • Energy Efficiency-funded program, with focused measures • Market rate, third-party funded program for: • large projects • high transaction volumes • bundled solutions Focused measures and effort- • Commercial pools retrofits? • HVAC? • Prior lost opportunities? Or…all eligible measures as a layered tool?

More Related