How OBF Works

 “On-bill financing” is a mechanism where financing repayments are made monthly through an existing utility bill. EESI emphasizes on-bill financing programs that promote equity, affordability, and accessibility through program designs that provide immediate financial and quality-of-life benefits to participating families and that work to include households typically excluded from energy efficiency programs.

"What excites me about the program is having the repayment on my bill and not having to worry about it," said participant Sandra Kiernan.

On-bill financing programs are not limited to energy efficiency upgrades. Programs can also be designed for numerous other applications including distributed solar, community solar, and battery storage.