About David Nemtzow

David Nemtzow, Principal, Nemtzow & Associates, has worked on energy efficiency for over thirty years, having run a large State government energy, water and utility department, the Alliance to Save Energy, and an energy and utility consulting practice, and he has been on the executive team of a clean energy startup company. He has provided technical and policy advice to policy makers and regulators; built partnerships and coalitions, and communicated complex energy issues to corporate CEOs, energy professionals, community leaders, senior government officials and the public. Nemtzow currently advises on strategic, programmatic and analytic concerns on utility, energy efficiency and other distributed and demand-side issues on behalf of California utility, corporate, trade association and other clients. He co-drafted the California Energy Efficiency Strategic Plan (2008) on behalf of the California investor-owned utilities.

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: http://www.energydataweb.com/cpuc/search.aspx?did=1034.  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 EEFinance@pge.com.

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

Program Implementation Plans for Pilots Filed by IOUs

SoCalGas, on behalf of itself, SDG&E, SCE and PG&E, has submitted an Advice Letter for approval by the CPUC to implement several pilot programs approved in D.13-09-044. (The utilities had submitted the comparable documents for the “Fast Track” pilots earlier; available here. All of these filings are also accessible on the SoCalGas website, http://www.socalgas.com/regulatory.) Please see the Organization section for the Letter on page 2.

The pilot programs in this Advice Letter are:

  • Master-Metered Multifamily Financing Program (MMMFP)
  • Small Business Loan Program (SBLP)
  • On-Bill Small Business Lease Providers Program
  • Non-Residential Without Credit Enhancement (NWOCE)

Additionally,  in a separate Advice Letter PG&E submitted the PIP for the Energy Financing Line Item Charge (EFLIC) pilot, which will be conducted only in their service territory; see here (and also here for a related filing).

(The utilities have also submitted for CPUC approval their On-Bill Repayment Tariffs, as described in a separate posting, additionally, FYI, they made a presentation on the pilots and OBR tariffs to Financial Institutions, Presentation for FI industry.)