GoGreen Financing

About

GoGreen Financing is a government headquartered in United States specializing in Solar, Energy Storage, Other.

GoGreen Financing is a state-administered program under the California Hub for Energy Efficiency Financing (CHEEF), housed within the California Alternative Energy and Advanced Transportation Financing Authority. It offers below-market financing for energy efficiency upgrades, clean energy measures including solar panels, battery storage, EV chargers, and solar water heating. The program provides credit enhancement in the form of loss reserves to finance companies, enabling them to offer lower rates, larger loan amounts, longer repayment terms, and approve borrowers with lower credit scores or limited operating history. Eligible properties must receive utility service from PG&E, SCE, SoCalGas, SDG&E, or City of Palo Alto Utilities. The program serves residential properties (1-4 units), multifamily properties (5+ units), and businesses/nonprofits meeting size requirements. Up to 30% of credit-enhanced portions can be used for non-energy improvements. Funding comes from investor-owned utility ratepayers and California Climate Investments Cap-and-Trade dollars.