On-Bill Financing/Repayment
On-bill financing (OBF) and repayment (OBR) are financing options whereby a utility or lender supplies capital to a utility customer to make energy efficiency improvements and is repaid through regular monthly loan payments on an existing utility bill. One of the benefits of these programs is the potential to serve a broad set of retailers, including retailers in both owned and leased spaces.
OBF and OBR have been successful across the country and are great mechanisms for retailers that have control over their utility bills in eligible utility territory. OBF and OBR can be particularly appealing due to their short terms, low to zero interest rates, and convenient structures.
