Dena Energy Joins California GoGreen Program
Dena Energy has been approved as a Project Developer in the California GoGreen Financing Program. The program makes more private capital available for energy upgrades, so customers have access to financing to make their homes and businesses more comfortable and efficient.
The GoGreen Financing programs offer finance companies a credit enhancement in the form of a loss reserve, so that customers can enjoy reduced rates and longer loan payback periods for affordable monthly payments.
Our energy efficiency audit service is among the eligible projects for financing through this program.
GoGreen Business Eligibility Criteria
Businesses and nonprofits must meet ONE of the three following size requirements:
100 or fewer employees
Annual revenue of less than $16 million
Meet SBA small business size requirements (annual revenue limits range from $1 million to $41.5 million depending on industry)
Requires that properties receive a utility bill from at least one of the following investor-owned utilities: PG&E, SCE, SoCalGas, or SDG&E
GoGreen Multifamily Eligibility Criteria
Available to owners of affordable and market-rate multifamily properties of 5 or more units
In-unit and common area upgrades are eligible for financing
Requires that properties receive a utility bill from at least one of the following investor-owned utilities: PG&E, SCE, SoCalGas, or SDG&E
Financing Limits
Energy upgrades may receive up to $5 million in financing
up to 30% of the of the financed amount can be used for non-energy improvements like new landscaping, ADA upgrades, or other renovations
Finance payments are made directly to the finance company or through the customer’s utility bill with on-bill repayment option
