Financing

Green means go.

We are part of the California Hub for Energy Efficiency Financing (CHEEF), a state-administered program working towards a cleaner and more energy-efficient California. Funds from investor-owned utility ratepayers power our program, and we partner with finance providers and local contractors to make it happen.

CHEEF has also received funding from the California Energy Commission’s Equitable Building Decarbonization Incentive Program, which is part of California Climate Investments, a statewide program that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas (GHG) emissions, strengthening the economy, and improving public health and the environment, particularly in Priority populations.

CHEEF is administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), which is housed in the California State Treasurer’s Office. Learn more on the CAEATFA website.

How it works

The GoGreen Financing programs offer finance companies a credit enhancement in the form of a loss reserve. The loss reserve helps mitigate the risk for finance companies because they can access these funds in the case of a default.

This allows the finance companies to offer more attractive terms – like lower rates, larger amounts to borrow, or longer time periods for repayment – than they otherwise could.

The credit enhancement also allows finance companies to approve financing for a wider base of borrowers, such as homeowners with lower credit scores or small businesses with only a few years of operating history.

Single Family HEEHRA Rebates

$45 million in statewide rebates is available now for heat pump equipment to heat and cool single family homes! Income-qualified California residents can receive a HEEHRA rebate of up to $8,000 through TECH Clean California. Single family homes include buildings with four or less units (fourplexes, duplexes, singles), condos, and manufactured or mobile homes. To receive this rebate, you as a customer must:

1. First, check if your income qualifies for a HEEHRA rebate by going to
the HEEHRA Rebates Verification Portal at heehra-incomeportal.com. In the portal, you can quickly check if your household’s annual income qualifies for a HEEHRA rebate by populating the “Check Income Guidelines” section with the county in which your home address resides and the number of people living in your home.

• If your household income is at or below the maximum annual income listed in the “Maximum annual income – $8000 Rebate” box, then you qualify for a HEEHRA rebate of up to $8,000

• If your household income is at or below the maximum annual income listed in the “Maximum annual income – $4000 Rebate” box, then you qualify for a HEEHRA rebate of up to $4,000

• See below for equipment eligibility and other rebate details.

2. If your household income appears to meet the pre-screening threshold, select a TECH Clean California-certified contractor trained in HEEHRA rebates. Find certified contractors at The Switch Is On’s Contractor Finder.

3. Once you have chosen a contractor, go back to the HEEHRA Income Verification Portal and set up an account then follow the steps to verify your income.

The HEEHRA Rebates Verification Portal requires you to enter the email address of your contractor. We highly recommend finding a contractor before qualifying your income. If you do not have a contractor and wish to verify your income, you can enter in your own email address for “contractor email address” and update it later.

4. After you complete the income verification application, you and your contractor will receive an approval or denial notice via email (usually within three days). The approval notice will allow your contractor to start the HEEHRA rebate reservation process.

At any point, you can also login to the HEEHRA Rebates Verification Portal and see the status of your application in your user profile. You will receive status updates via email as well.

Multifamily HEEHRA Rebates

$35 million in statewide rebates for multifamily projects is available (effective October 8, 2024) for heat pumps for space heating and cooling, heat pump water heaters, cooktops, ranges, ovens, and heat pump clothes dryers, as well as electrical equipment such as electrical panel upgrades and wiring.

Multifamily property owners interested in HEEHRA rebates available through TECH Clean California can submit a quick Application Stage 1 Form to initiate an eligibility review. Multifamily projects, which include five or more income-qualified living units per property, that pass this initial screening will move to the next stage.

The next stage requires submission of a HEEHRA rebate reservation form, including an agreement to the program terms and conditions, to secure the funding.If you are a multifamily property owner who is interested in finding out more, please apply here: