Clean Energy Works is a non-profit organization that began in 2009 as a pilot program in Portland to facilitate energy efficiency improvement financing for homeowners. In 2010, the Department of Energy awarded Clean Energy Works $20 million to expand the successful pilot program statewide. The goal of Clean Energy Works Oregon is to offer financing up to $30,000 in energy efficiency retrofits through no-money-down and easy financing for homeowners. Financing is available through the innovative partnerships between public, private, and non-profit sectors including local utility companies, local lenders, local governments, Energy Trust of Oregon, the Oregon Department of Energy, and the U.S. Department of Energy.
The process to participate in Clean Energy Works Oregon is quite simple. To begin, interested participants make sure they are eligible and apply to the program. Once approved, a Building Performance Institute (BPI) certified contractor performs a free Home Energy Assessment. This assessment will show the homeowners areas that can be improved to save energy and money on heating bills. Energy Assistants are available to guide homeowners through the entire process and in addition offer available rebates. To finance, homeowners can either repay their loan through their monthly heating bill, or directly to the lender. There is no upfront cost and Clean Energy Works Oregon’s local lending partners offer attractive rates and terms specifically for this program.
Clean Energy Works Oregon has been very successful over the past few years. As of December 2012, they had transformed more than 2,500 homes, generated $26 million in economic development, and created 300 jobs. Calculated as of June 2012, the program saves an equivalent of 4,715 metric tons of CO2 each year, 2.4 million kWh of annualized electricity, and 589,346 therms in natural gas each year.
Clean Energy Works Oregon website
More information regarding on-bill financing can be found in the Clean Economy Knowledge Center
On-Bill Financing in Kansas and Oregon webinar archive