On Bill Financing, What Is It?

March 11, 2010 · Filed Under HVAC News

Good question. You’re doing everything possible in this down economy. Layoffs have been done. Customers have been lost. You’re doing more work with less time and you’re still trying to cut overhead and your air conditioning equipment is shot. The last air conditioning serivce company that was out told you it would be $18500 to replace. You just don’t have the money and the bank already has turned you down for two other loans for other capital improvements. What to do?

Have you heard of SDGE On Bill Financing? This is a service where you may get an interest free loan for energy savings capital improvements. After doing the calculations, it turns out the new air conditioning equipment will lower the bill by $334 per month. You apply for the loan and present the energy savings to SDGE and wait to see what happens.

You get a call from SDGE stating they will finance your project interest free at $330 per month for 56 months. Good job. This means your electric bill remains the same until the loan is paid off. This is definitely a win win situation. You don’t go out of pocket for anything. You get the latest and greatest air conditioning equipment and you’ve gone green without even trying.

Why does it sound so easy? Well, we do all the work for you. We will assist in identifying energy efficient measures, selecting the right equipment, completing the paperwork and installing and testing the equipment. Call 858-581-6868 or email operations@systemsops.com. Go green today!

Tags: energy efficiencyy, on bill financing, SDGE

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