What can be financed?2021-02-02T10:08:53-08:00
- Heating & cooling
- Windows
- Water heaters & more
- Insulation
- Pool pumps
- Cool roofs
- Appliances
- Lighting
Why REEL?2021-02-02T10:06:51-08:00
- No lien on your property of home equity needed Competitive rates
- Affordable monthly payments
- No closing costs or origination fees
- No prepayment penalties – pay off your loan early 100% financing
- Up to 30% of loan amount towards nonenergy improvements
- Available to a wide range of credit scores and incomes
- Broad list of projects to choose from
- Reduce project cost with rebates/incentives
Who can use REEL?2021-02-02T10:04:29-08:00
REEL is available to California residents who owns or rents a property of 1 to 4 units (single-family home, condo, townhome, manufactured home, duplex, triplex or fourplex) that receives electric and/or natural gas service from any of the following: PG&E®, SDG&E®, SCE® and/or SoCalGas®.1
What is the REEL program?2021-02-02T10:03:54-08:00
The Residential Energy Efficiency Loan (REEL) program is designed to help California homeowners and renters access attractive financing for energy efficiency projects.