On-Bill Financing | DirectLenderMatch

What is it?

DirectLenderMatch classifies On-Bill Financing under the financing form “Utility-bill financing.” Its typical use in this directory is: Finance efficiency improvements repaid on utility bill.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Energy upgrade + utility repayment channel. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Finance efficiency improvements repaid on utility bill.

What backs or supports it?

Energy upgrade + utility repayment channel.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Loan or credit structure

Workbook classification: Yes/Hybrid. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

Utility direct lender

Pacific Gas and Electric Company (PG&E)

PG&E's On-Bill Financing program lends eligible business customers money for qualifying efficiency upgrades and collects repayment on the utility bill.

Official evidence page →

Last verified: 2026-08-23