ON-BILL FINANCING

What is On-Bill Financing (OBF)?

  • Interest-free green financing for energy efficiency projects
  • No up-front costs for customers
  • Cost savings for customer over the long term

OBF Offers:

  • The project cost (after reduced rebates or incentives are applied) must be a minimum of $5,000. Loan maximums per meter are:
  • $100,000 for business customers with a 5-year maximum loan term
  • $250,000 for tax-payer funded customers with a 10-year maximum loan term
Case Study #1Case Study #2

Greener Dawn provides a streamlined solution to guide you through the OBF process by:

  • Conducting a comprehensive energy audit to identify optimal energy efficiency projects
  • Pursuing LEED® Certification through qualified retrofits
  • Identifying all rebates and incentives that work in conjunction with OBF
  • Matching the needs of clients with trusted network of vendors and contractors
  • Completing all paperwork and application materials necessary for OBF
  • Act as main liaison between client, vendor(s), and Utility to ensure successful completion of project as well as on-time payment
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Case Study #1

Customer Classification: Small Restaurant
Equipment Retrofitted: Auto closers, strip curtains, lighting, ice machine, ECM motors

Total Project Cost = $23,000
Total Rebates = $3,000
OBF Loan Amount = $20,000
Estimated Project Payback Period = 3.9 Years
Annual kWh Savings = 41,000
Monthly Energy Savings = $427.00
Fixed Monthly OBF Payment = $416.00

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Case Study #2

Customer: Hotel Suites
Equipment Retrofitted: Premium-efficiency Packaged Terminal Air Conditioner (PTAC) units for 153 guest rooms

Total Project Cost = $25,267
Total Rebates = $6,750
OBF Loan Amount = $18,517
Estimated Project Payback Period = 4.62 Years
Estimated Annual Energy Savings = $4,005

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