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.

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.