Why Conserve Energy and Be Energy-Conscious?
Conservation can save residents and organizations money. This is one of the most common reasons why many began to cultivate a culture of conservation. However, it is certainly not the only reason. Less electricity used means less fossil fuels burned. While there are cleaner methods to generate energy, much of the electricity generated today is still from non-renewable sources such as oil and coal. Conservation of electrical energy can help lower pollution and reduce greenhouse gas emissions.
Why Conserve Energy and Be Energy-Conscious?
Conservation can save residents and organizations money. This is one of the most common reasons why many began to cultivate a culture of conservation. However, it is certainly not the only reason. Less electricity used means less fossil fuels burned. While there are cleaner methods to generate energy, much of the electricity generated today is still from non-renewable sources such as oil and coal. Conservation of electrical energy can help lower pollution and reduce greenhouse gas emissions.
SAN GABRIEL VALLEY
ENERGY WISE PARTNERSHIP
Commercial Financing Opportunities
SoCalGas 0% On-Bill Financing
SoCalGas offers qualified customers 0% unsecured loans to finance the purchase and installation of eligible energy efficiency upgrades. Loans are unsecured and non-transferable. Monthly repayments are billed to utility bills.
-
Eligibility:
-
Open to non-residential customers and owners of multi-family units that do not reside on the premises
-
Account must be active for the past two years in the same business and in good standing
-
Equipment must be installed at the meter of the account holder of record for which the loan is being made
-
Project must meet terms and conditions of any energy efficiency programs offered by SoCalGas
-
Loans are offered only to projects that quality for at least one of SoCalGas' energy efficiency programs
-
-
Loan Amounts:
-
$5,000 to $100,000 with a maximum loan terms of 5 years or useful equipment life (whichever is shorter)
-
Dividend Commercial PACE Program
Property Assessed Clean Energy (PACE) is a public/private mechanism for financing solar, energy efficiency, renewable energy, water conservation, and seismic upgrades on privately-owned real property. This financing mechanisms creates as assessment lien on the property that is repaid as installments on property tax bills.
-
Eligibility:
-
All commercial property types are eligible
-
Property must be located in a participating city: Azusa, Claremont, Glendora, or South Pasadena
-
Not be in bankruptcy and must not have been in bankruptcy in the past 5 years
-
Mortgage balance must not be an amount greater than the property's total value
-
Current on taxes owed on the property and must not have been delinquent in the past 3 years or since owning the property
-
-
Loan Details:
-
No down payment
-
Low-fixed interest
-
Up to 25 years
-