Single Family Loan Program Notice of Workshop on Proposed Regulations

California Alternative Energy and Advanced Transportation Financing Authority

Single Family Loan Program

Notice of Workshop on Proposed Regulations

CAEATFA staff will be holding a workshop to present proposed program regulations and solicit feedback on its Single Family Loan Program under the California Hub for Energy Efficiency Financing.

Thursday, December 11, 2014

9:30 AM – 12:00 PM

915 Capitol Mall, Room 587 Sacramento, CA 95814

Both in-person and remote attendance options are available.
See below for more information.


The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) is collaborating with the California Public Utilities Commission (CPUC) and the state’s investor-owned utilities (IOUs) to develop a series of statewide energy efficiency financing pilot programs for residential and non-residential sectors. The pilot programs are designed to help California achieve its energy efficiency goals by increasing the availability of low-cost financing for energy efficiency investments throughout the state. The programs are designed to encourage and leverage private lending and investment with various features such as loss reserves, debt service reserve funds, and the ability for IOU customers to include monthly loan payments directly on their utility bills (on-bill repayment). These features also should allow lenders to offer better rates and terms by reducing their risk. In turn, consumers will have increased access to lower-cost financing, allowing them to upgrade their homes and businesses while saving money on energy. The CPUC has allocated $65.9 million for developing, administering and providing credit enhancements to the pilot programs. This workshop is specific to the regulations for the Single Family Loan Program Pilot, the first of the pilots to launch.

The Single Family Loan Program is designed to serve the residential, single-family (1-4 units) market in the geographic area covered by the four IOUs. It provides a loan loss reserve as a credit enhancement to lenders who finance eligible energy efficiency projects that include measures which have been identified by the IOUs and approved by the CPUC. In October 2014, CAEATFA hosted roundtable discussions geared towards lenders and contractors to gather their input into the program design. This workshop is to present and discuss the proposed regulatory text that staff developed as a result of the previous round of stakeholder feedback.



To attend the workshop in person, please RSVP to and provide the following information: Name, Industry, Company, Phone Number.

To attend the workshop via webinar, please RSVP at:


Public Comment

Please submit written comments to by 5pm on December 17, 2014. After considering the comments received, CAEATFA may revise its draft regulations prior to submitting them to its Board for approval. Staff anticipates that the regulations will be considered for approval at the CAEATFA Board Meeting currently scheduled for January 20, 2015.


Additional Information

Additional information about the Pilot Programs and the upcoming workshop is available online at: Draft regulations and workshop presentation materials will be posted on CAEATFA’s website in advance of the workshop.
If you have any questions, please contact Sarah Taheri at or (916) 651-5105.

CAEATFA seeking Lenders & Contractors input at in-person and online roundtables

A friendly reminder that in the next few days the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) will host Roundtables for Lenders, and others for Contractors to get input from these two important industry groups on their new, residential energy efficiency financing program.  Lenders and Contractors can participate in person in San Francisco and the Los Angeles area (Downey), or remotely by webinar.

San Francisco Area – Friday, October 24

Los Angeles Area – Monday, October 27

Webinar for Lenders – Tuesday, October 28

The full schedule and RSVP details can be found in our previous post, at


Lenders & Contractors: CAEATFA roundtables seek input on new, residential EE financing

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) requests input on a new, residential energy efficiency financing program. California is launching the California Hub for Energy Efficiency Financing (CHEEF), a suite of financing incentive programs for energy efficiency projects in the residential and commercial markets. The programs will be designed to assist lenders in providing broader access to lower cost financing for home retrofits that reduce energy costs.

In early 2015, CAEATFA will launch the first of these incentive programs, a residential, single-family loan loss reserve program. This program will offer a loss reserve for lenders financing eligible efficiency projects on residences of 1-4 units. Eligible projects will include efficiency measures currently receiving rebates under investor-owned utility programs; in addition, up to 30% of loan proceeds may be used for other related home improvements.

CAEATFA, in collaboration with the investor owned utilities, will be hosting regional roundtables targeted specifically to lenders and residential contractors to solicit feedback on its initial proposed Single Family Loan Program (SFLP) design. CAEATFA will incorporate comments received in these roundtables into draft program regulations, and will hold workshops for other interested stakeholders and the general public to solicit input on the proposed regulation text prior to the SFLP launch in early 2015.

(Note, the San Francisco and Los Angeles Area Lender Roundtables will not have call-in or webinar access available. If you are a lender and would like to participate from a remote location, please RSVP for the October 28 webinar session.)

San Francisco Area – Friday, October 24

Contractor Roundtable: 9:00 AM – 11:30 AM (In Person or Webinar) – RSVP
Lender Roundtable: 1:00 PM – 3:30 PM (In Person Only) – RSVP
Pacific Energy Center – 851 Howard Street – San Francisco, CA 94103 – Information about parking and other venue logistics.

Los Angeles Area – Monday, October 27

Contractor Roundtable: 9:00 AM – 11:30 AM (In Person or Webinar) – RSVP
Lender Roundtable: 1:00 PM – 3:30 PM (In Person Only) – RSVP
Energy Resource Center – 9240 Firestone Blvd. Downey, CA 90241 – Information about parking and other venue logistics.

Webinar for Lenders – Tuesday, October 28

Lender Roundtable: 1:00 PM – 3:30 PM (Webinar Only) – RSVP

Additional information and materials will be posted online prior to the roundtables.

New CPUC Ruling Clarifying Operation of Finance Pilots

CPUC President and assigned energy efficiency Commissioner Michael Peevey today issued a ruling clarifying the timing and operations of the EE finance pilots.  The Ruling includes an important signal to financial institutions and other EE finance market actors by confirming that that each “pilot shall operate for a minimum of 24 months…and shall provide for support of loans made under the program for the duration of loan terms even if/when a pilot ends.”

Ruling Clarifying Operation of EEF Pilots

Courtesy notice of 2013-2014 Finance Evaluation Roadmap Webinar, Thurs. Feb. 27


(Updated with Webinar PPT Finance Roadmap Update Webinar Slide Deck 02 27 2014)

The CPUC’s Energy Division and Opinion Dynamics Corp. will host a webinar on Thursday, February 27, 2014, from 11 a.m. to 12 p.m. at which they will present Evaluation Roadmap Summaries of Finance research planned for the 2013-2014 program cycle.  Webinar information is below and in the email from Daniel Buch of the ED.

Email Notice of Finance Eval Roadmap Webinar

The evaluation roadmap and initial work orders are posted on the CPUC’s Public Document Area at the following link:  Purpose of this webinar is to go over the studies under the Finance Roadmap and to discuss upcoming CPUC-led work associated with the impact evaluation.


Conference call:  866-687-1443     Access Code: 1049466

Meeting ID: 493-717-896

Courtesy notice of Webinar on EE Financing

We invite you to participate in a webinar series conducted by our colleague Mark Zimring, and hosted by the Yale Center for Business and the Environment:

Energy Efficiency Finance 101

Financing Solutions for Energy Efficiency: From Policy to Practice 

Mark Zimring, Lawrence Berkeley National Lab

Tuesday, February 18, 8:30-10:00 am PST

Register here

Information on the Yale center’s webinar last year on California’s EE Financing may be found here.

CPUC Response to IOU Requests

Following the delay in CAEATFA becoming the California Hub for EE Financing, on Feb. 4 the CPUC’s Executive Director, Paul Clanon, in response to SoCalGas’s Petition for Modification, agreed to “the request to toll the regulatory requirements and estimated scheduling set out in D.13-09-044 until the Commission makes the determination ‘which entity can best provide the CHEEF functions’ and establishes revised requirements and scheduling.”  Additionally, Mr. Clanon granted the request to “suspend the requirements of Ordering Paragraph 21 to file quarterly reports as described in Decision (D.) 13-09-044.”

A copy of Mr. Clanon’s letter may be found here: CPUC A 12-07-001 02-04-14.

(This post has been slightly updated for clarification.)

Market Research available on EE Financing Pilots

As a courtesy to the EE finance community, PG&E is sharing recent market research on EE Financing Pilots.  The research was conducted for PG&E by the Cadmus Group in March 2013; 82 respondents in 12 focus groups participated, representing residential (single family and multifamily) and nonresidential (small and large business).  Questions may be sent to

Below are links to both the full report and to a PPT summary, which we highly recommend.

Full report: PGE FinancingFocusGroupReport_21June2013

Summary:  PGE Energy-Efficiency Financing Focus Group Findings_01JULY2013_FINAL


CPUC Notice of Delay in Launch of Finance Pilots

The Director of the CPUC’s Energy Division, Ed Randoph, has issued a memo regarding the delay in the launch of the EE Finance pilots, due to the schedule in CAEATFA receiving State budget approval to act as the CHEEF.  Mr. Randolph notes that the lead agencies and IOUs will continue to work in the coming period to clarify pilot design elements.

A copy of the memo is available at: Finance Pilot Delay Announcement

On-Bill Repayment Tariffs Filed by IOUs

The California IOUs have submitted Advice Letters for approval by the CPUC to implement their On-Bill Repayment Tariffs, as directed by D.13-09-044, and articulated therein:

“Transferability of the underlying debt obligation to subsequent occupants (‘with the customer’s meter’), upon change of building ownership and/or tenancy, is both central to the appeal of OBR and a key implementation challenge…the Commission finds that [establishing and communicating a clear and enforceable obligation] can be achieved through the use of written agreements and a tariff process…”

The OBR Tariffs for each IOU can be found as follows:

(The utilities have also submitted for CPUC approval their Program Implementation Plans for several pilots, as described in a separate posting.  Additionally, FYI, the IOUs made presentations on the OBR tariffs to the Real Estate industry and to Financial Institutions.  Presentation for RE industryPresentation for FI industry