We’ve been proud to have our solutions qualified for electric and gas utility On-Bill Funding and On-Bill Repayment programs (OBF/OBR). These programs are a terrific way to get energy cost savings with $0 upfront costs.
Here’s how they work, see this U.S. Department of Energy description. In short: OBF/OBR programs pay 100% of the cost of the energy saving project (lighting, building envelope fixes, etc.). And then, spread out project payments over 3-5 years, as just a single new line item on your monthly utility bill. They’re structured so that (monthly savings) are > (monthly payment) — so cash flow positive from Day 1, and your savings start immediately!
Electric and gas utilities across the U.S. are expanding OBF/OBR programs, in response to customer demand. And PACE AI is a qualified solution for all these programs, given our IPMVP-compliant, 24/7/365 savings verification technology and fast payback, even before incentives. We can now offer OBF/OBR in California, New Jersey, New York, Ohio, and Texas, and with Constellation Energy customers, anywhere in the U.S. Contact us for details!