Announcing GoGreen Financing!

Making the Golden State greener by helping Californians make energy-saving upgrades to their homes and businesses.

As a GoGreen Financing contractor, Sun Light & Power can offer financing for bundled solar PV + battery storage, EV chargers, and battery storage for pre-existing solar! Financing can include panel upgrades, roof repair, battery enclosure mitigation, permit costs and other necessary work.

For solar + storage projects, there is a new lending cap of $75,000 and terms to 20 years.

* Only available for customers who receive electricity from PG&E, SCE or SDG&E.

What is GoGreen Financing?

GoGreen Financing is 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 the program, and GoGreen partners with finance providers and local contractors to make it happen.

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. The CHEEF and a series of energy efficiency financing pilot programs were authorized by the California Public Utilities Commission (CPUC) and developed in collaboration with the following utilities:

GoGreen's Program Goals

The State of California has ambitious goals to reduce greenhouse gas emissions and address climate change. An important part of achieving these goals and improving air quality is reducing energy use in existing buildings. Billions of dollars are needed for the upgrades, and there is simply not enough government or utility company funding to pay for these investments. The energy efficiency financing programs seek to:

• Bring about broader and deeper energy savings than can be realized through traditional utility rebate and incentive programs
• Make more private capital available for energy upgrades, so customers have access to financing to make their homes and businesses more comfortable and efficient
• Help traditionally underserved customers access attractive financing

Benefits of GoGreen Financing

Program Features

The 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 than they otherwise could, like homeowners with lower credit scores or small businesses with only a few years of operating history. Additionally, the small business program offers an on-bill repayment option. This allows customers to make, and finance companies to receive, convenient payments for financing charges through the bills of all four investor-owned utilities using the CHEEF infrastructure.

GoGreen Home

GoGreen Home Energy Financing is designed to help California homeowners and renters find attractive financing for their energy efficiency projects. 

• No home equity needed 
• Competitive rates 
• No closing costs or fees 
• No money down 
• Can be used to fund other non energy improvements, such as landscaping or home renovations and repairs
• Available to borrowers with a wide range of credit scores and incomes 
• Broad list of energy efficiency projects available

GoGreen Business

The Small Business Energy Efficiency Financing Program is designed to enable broad financing access and participation by small businesses.

• Available for property owners and tenants
• Attractive rates, extended terms and quick approvals
• Finance 100% of the cost of your project
• Option to repay on your utility bill

GoGreen Multifamily

GoGreen Multifamily complements other multifamily energy efficiency programs offering rebates or incentives by financing out-of-pocket costs.

• Finance up to 100% of project costs
• No property liens
• Upgrades for common areas and in-unit
• Multiple financing choices
• Option to add non-energy upgrades
• Combine with rebates and incentives

Learn more about program eligibility and guidelines: