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Financial Assistance

California residents can receive financial benefits from public and private partnerships throughout the state to improve energy efficiency. 

California Hub for Energy Efficiency Financing (CHEEF)

The California Hub for Energy Efficiency Financing (CHEEF) is a public–private partnership among state agencies, utilities, lenders, contractors and borrowers. The program is the result of a decision made by the state of California, which authorized the CHEEF to help California achieve its energy savings goals by increasing the availability of lower-cost financing for energy-efficiency investments throughout the state. One such lower-cost option is the Residential Energy Efficiency Loan (REEL) program.

Residential Energy Efficiency Loan (REEL) Program

REEL is the result of the state’s decision to increase the availability of favorable financing to help Californians with a package of unique benefits to improve the energy efficiency and comfort of their homes.

These benefits include:

  • No up-front cash required
  • 100% financing
  • Unsecured financing and no home equity needed
  • No closing costs or yearly maintenance fees
  • Attractive loan rates
  • Broad range of credit eligibility
  • Reduced project costs with energy service rebates and incentives

The REEL program is available to customers of Pacific Gas and Electric Company, San Diego Gas & Electric Company, Southern California Edison and Southern California Gas Company.

For more information on financing energy efficiency projects in general, visit or to start your energy efficient project using REEL click here .