Zero Interest Financing Program
No-interest loans paid for by bill savings to cover upgrades from outdated gas appliances to safer, healthier, more energy-efficient electric options.
Save Energy & Money
Silicon Valley Clean Energy’s Zero Interest Financing Program offers no-interest loans for up to 100% of the cost of new equipment, such as efficient heat pump systems and water heaters. Predicted energy bill savings are provided upfront after a free site assessment. Your loan won’t increase your total annual gas and electric costs because energy savings from your new equipment will offset your loan payments.
 |
PEACE OF MIND |
We’ll manage every aspect of your home upgrade, from assessment and installation to applying for permits and rebates.
 |
FINANCING AND INCENTIVES |
Financing and incentives, plus energy savings, will be included in your home upgrade proposal.
 |
QUALITY WORK GUARANTEED |
You’ll work with our trusted, pre-vetted contractors. 10 year extended warranty for added peace of mind at no cost.
All-Electric Home Upgrades
Zero Interest Financing covered Home Upgrades include the following:
|
|
Learn more about the benefits of all-electric home appliances.
Eligibility
To be eligible for Zero Interest Financing, you must meet ALL criteria below:
- Be a Silicon Valley Clean Energy residential customer (as indicated on your PG&E bill).
- Be the legal owner and occupant of the residence.
- The residence must be a single-family home (up to a fourplex) with existing gas-fired equipment.
- Have a zero-dollar ($0.00) past-due balance on your three most recent PG&E billing statements
- Have high utility bill savings potential
If you are not eligible for our Zero Interest Financing Program, you will be referred to our other Home Upgrades options.
Next Steps
Step 1: Complete Your Application
Once your eligibility is confirmed, including your bill savings potential, you will be able to schedule your complimentary in-home assessment to help you evaluate energy-saving upgrades.
Step 2: Get Your In-Home Assessment
Your Energy Advisor will come to your home and create customized recommendations to increase your home’s energy efficiency and save on upgrades. You will receive a proposal that includes bill savings predictions, financing (up to 100% of the project cost), incentives, and any copay.
Step 3: Install Your Upgrades
Once you’ve reviewed your proposal and signed loan agreement, we’ll match you with one of our partner contractors to schedule the installation of your new equipment. Your contractor will apply for permits and schedule inspections to ensure everything is compliant and up to code.
Step 4: Enjoy a Safe, Healthy, and Energy-Efficient Home
Pay your contractor any final costs after applicable rebates and financing. We’ll handle the rebate paperwork, ensuring a hassle-free experience. Don’t forget to optimize your new equipment and enjoy your home upgrades!
Step 5: Convenient Loan Payments
Loan payments will be automatically added to your account on your monthly electric bill. If you have questions about your bill savings or equipment’s performance, please contact us!
Start Your Application
Loan Terms Summary
Here is a quick list of loan terms for financing your project:
■ Maximum loan size: Determined by predicted bill savings
■ APR: 0%
■ Fees: None
■ Credit requirements: None
■ Repayment term: 10 years
■ Restrictions: You must own the property and be the PG&E account holder
Contact Us
Our team is here to help.
Do you have questions about our Zero Interest Financing Program? Feel free to reach out to us via email at financing@svce.franklinenergy.com or give us a call at (408) 260-5255, Monday to Friday from 9 a.m. to 5 p.m.
Frequently Asked Questions
Our team is here to support you in making the transition to clean energy effortless and affordable. Contact us at advisor@svce.franklinenergy.com or (408) 260-5255.
What does it cost to participate?
Once we’ve completed your free in-home assessment, we’ll provide you with a project proposal outlining the recommended upgrades and your costs after applicable rebates. We’re here to provide the information you need to make the best choice for your home.
We’ve negotiated fixed pricing with all our partner contractors, so you won’t have to worry about hidden fees or surprises. Additionally, we’ll help you apply for all eligible SVCE and third-party rebates to further reduce your upfront costs.
In addition to rebates, you may be eligible to claim up to $3,200 annually for eligible home upgrades. Find out more about federal tax credits and consult a professional tax advisor on how to claim yours.
Eligible property owners and tenants may receive no-cost installations. Check qualifications for no-cost installation.
What details are included in my Home Upgrade Proposal?
After your in-home assessment, your Energy Advisor will present you a Home Upgrade Proposal, which will provide personalized recommendations to enhance your home’s energy efficiency and comfort. The Proposal will also outline the costs and any available rebates for each upgrade. Review a sample Home Upgrade Proposal.
Do I get to choose the equipment that is installed?
We offer a limited selection of standard products. For certain appliances, which your Energy Advisor will review, you may choose from a selection of colors or finishes. We install products from the following manufacturers (subject to change at any time):
- Heat Pump HVAC: Broan, Daikin, Dura Star, General Electric, Mitsubishi, Panasonic
- Heat Pump Water Heaters: AO Smith, Bradford White, Rheem
- Induction: LG, Samsung
- Dryers: Samsung, Whirlpool, Electrolux, Crowsley
If you prefer to install equipment not covered by the program, check out other SVCE rebates and incentives.
What if I want to use my own contractor?
To make your experience as smooth as possible, all participants must use an SVCE partner contractor. This helps us coordinate the project effectively and ensures you have a great experience.
If you prefer to use your own contractor, you can still benefit from other SVCE rebates and incentives.
How can renters participate?
We encourage renters to share this information with their landlord so they can apply to this program. If you are a renter and meet the income qualifications, your landlord may qualify for no-cost upgrades. Renters may also be eligible for other SVCE rebates and incentives.
Frequently Asked Questions
Our team is here to support you in making the transition to clean energy effortless and affordable. Contact us at advisor@svce.franklinenergy.com or (408) 260-5255.
What does it cost to participate?
Once we’ve completed your free in-home assessment, we’ll provide you with a project proposal outlining the recommended upgrades and your costs after applicable rebates. We’re here to provide the information you need to make the best choice for your home.
We’ve negotiated fixed pricing with all our partner contractors, so you won’t have to worry about hidden fees or surprises. Additionally, we’ll help you apply for all eligible SVCE and third-party rebates to further reduce your upfront costs.
In addition to rebates, you may be eligible to claim up to $3,200 annually for eligible home upgrades. Find out more about federal tax credits and consult a professional tax advisor on how to claim yours.
Eligible property owners and tenants may receive no-cost installations. Check qualifications for no-cost installation.
What details are included in my Home Upgrade Proposal?
After your in-home assessment, your Energy Advisor will present you a Home Upgrade Proposal, which will provide personalized recommendations to enhance your home’s energy efficiency and comfort. The Proposal will also outline the costs and any available rebates for each upgrade. Review a sample Home Upgrade Proposal.
Do I get to choose the equipment that is installed?
We offer a limited selection of standard products. For certain appliances, which your Energy Advisor will review, you may choose from a selection of colors or finishes. We install products from the following manufacturers (subject to change at any time):
- Heat Pump HVAC: Broan, Daikin, Dura Star, General Electric, Mitsubishi, Panasonic
- Heat Pump Water Heaters: AO Smith, Bradford White, Rheem
- Induction: LG, Samsung
- Dryers: Samsung, Whirlpool, Electrolux, Crowsley
If you prefer to install equipment not covered by the program, check out other SVCE rebates and incentives.
What if I want to use my own contractor?
To make your experience as smooth as possible, all participants must use an SVCE partner contractor. This helps us coordinate the project effectively and ensures you have a great experience.
If you prefer to use your own contractor, you can still benefit from other SVCE rebates and incentives.
How can renters participate?
We encourage renters to share this information with their landlord so they can apply to this program. If you are a renter and meet the income qualifications, your landlord may qualify for no-cost upgrades. Renters may also be eligible for other SVCE rebates and incentives.
Meet Our Trusted Partners
We’ve partnered with Franklin Energy to deliver full-service support in the transition from gas to efficient electric appliances. Their team of trusted experts is here to provide comprehensive assistance at no cost to you, ensuring you get exactly what you need, when you need it.
 |
 |
 |
