WFH Learning Bundle 7: Project Financing
SJVCEO 2020 Learning Bundles
7th Edition-Financing and Project Pipelining
Financing can be one of the barriers that comes into play with project implementation. We hope that these resources below can help alleviate those barriers and get you all kick started on EE projects to better your communities!
More Money, More Projects!
BLOG EE:
Our BLOG EE is full of articles, tips, and tricks on financing and project pipelining! Take a look below to access some from the archives that will give you some financing ideas.
1. Finding Funding Opportunities
2. Business Case for EE- Metu Monday
3. METU Monday- OBF, EE projects
4. Tech Tuesdays: Economizers
IOU Online Webinars/Video:
1. PG&E: On-Bill Financing for Project Developers
2. SCE: Youtube Channel, SCE Account FAQs
3. SCG: Energy Savings Assistance Program
Fund-It Fast Chats:
The sole purpose of our Fund-It Fast chat series is to provide you all with resources on how to finance or fund your next energy project, so be sure to check out the entire portfolio here!
Below are a couple of past fast chats that you may have missed:
1. On-Bill Financing
2. Revolving Loan Fund and SoCalREN Revolving Loan Fund
3. CEC Low-Interest Loan
Our next Fund-It Fast Chat is scheduled for Tuesday, June 9th. Register now and stay tuned for the topic.
Spotify:
These days, music is one of the ways that make the time more enjoyable! Be sure to follow us on Spotify “@SJVCEO” to access all of our monthly playlists!
Inspiring Stories:
With so much happening in the world today, it is easy for us to be feeling like we are not doing enough to help or do not even know where to start. SCE released “Giving Back While Practicing Physical Distancing” that provides people with various opportunities where they can support their own communities and other communities that need some extra help during this time. From individual volunteering to skills-based volunteering, there is an avenue for everyone! Check out the full list of opportunities here.
What Our Partners are Doing
SoCalREN:
SoCalREN Public Agency Programs offer a suite of free services to overcome the challenge of financing energy projects, including identifying financing options, completing applications and other paperwork, financial advisory services, and exclusive financing options such as our Revolving Loan Fund. Learn more about SoCalREN's financing services by reviewing this fact sheet and contacting us.
SCE:
SCE offers a number of payment assistance options for residential and business customers, including payment extensions and arrangements. If your income has changed, you may also qualify for a reduced energy rate through CARE or FERA programs. If someone in your home requires the use of electrically powered medical devices or equipment, you may qualify for our Medical Baseline Allowance program. More information for your home is available here and for your business here!
PG&E:
Unfortunately, due to the COVID-19 outbreak, there has been an increase in scammers calling customers and threatening to shut off their power if they fail to make a payment during the COVID-19 outbreak. The utility company has received several reports of scammers calling from what appears to be a PG&E number, demanding payment on past due bills over the phone. Officials say the company will never ask for personal information or a credit card number over the phone. Click here to read more
PG&E announced to help business customers, payments on the 0% interest loans can now be deferred for up to six months! These no interest loans allow business customers to replace old and worn-out equipment with energy efficient models. On-Bill Financing customers who request deferment will see a reduction in their monthly OBF loan repayment to $0.01 during the 6-month deferral period. Click here to learn more!
SCG:
SoCalGas is supporting the Inland Empire with $200,000 in charitable donations to nonprofits operating in the area. The $200,000 includes $75,000 donations to both The United Way of the Inland Valleys and The Inland Empire Community Foundation, and $25,000 each to FIND Food Bank and Riverside County Works. Keep up the great work SCG!
SCG is collaborating with International Association of Plumbing & Mechanical Officials (IAPMO) for a webinar on May 27th at 11am PDT. This webinar will provide insight regarding the steps and considerations to safely open buildings such as restaurants, cafeterias, bars, breweries, and other similar facilities that have been closed during mandated shutdowns. Register Here!