On-Bill Financing
A loan program where energy efficiency or solar upgrades are repaid through a line item on your monthly utility bill, often with no upfront cost and favorable interest rates.
Why It Matters
On-bill financing removes the biggest barrier to efficiency upgrades — upfront cost. Monthly payments are typically less than the energy savings, so you come out ahead from day one.
Related Tools
Related Terms
PACE (Property Assessed Clean Energy)
A financing mechanism where solar and energy efficiency improvements are funded through a voluntary assessment on the property tax bill, repaid over 10-25 years.
Energy Savings Agreement
A contract (similar to a PPA) where an energy services company installs efficiency or solar improvements and the customer pays from guaranteed energy savings. Common in commercial and municipal projects.