California Alternative Energy and Advanced Transportation Financing Authority

Residential Energy Efficiency Loan Assistance Program

Designed to reduce risk to lenders that provide lower-cost financing for home energy efficiency projects.

Emergency Rulemaking Process

The current regulations for the Residential Energy Efficiency Loan (REEL) Assistance ProgramĀ  were approved under the emergency rulemaking process by the Office of Administrative Law (OAL) and filed with the Secretary of State for inclusion in the California Code of Regulations effective September 5, 2017.

CAEATFA held a workshop and webinar on the proposed modifications on July 19, 2017, and invited comments from stakeholders and interested parties through July 27, 2017. Following the public comment period, CAEATFA made further modifications to the proposed REEL regulations which were publicly noticed, considered and approved by the CAEATFA Board at a public meeting held on Tuesday, August 15, 2017 at 10:30 A.M. On August 16, 2017, CAEATFA posted a Notice of Emergency regarding the proposed modifications to the regulations, inviting a five-day public comment period from stakeholders and interested parties through August 23, 2017. CAEATFA delivered the emergency regulations to OAL on August 23, 2017, and the public was invited to comment until August 28, 2017.

For additional information on this emergency rulemaking process, please email or call (916) 651-8157.


The Residential Energy Efficiency Loan (REEL) Assistance Program is the first of seven CHEEF pilot programs to roll out in the state of California. The program is designed to help homeowners and renters access lower-cost financing for energy efficiency projects by reducing risk to participating lenders. The program has more than $20 million available in loan loss reserve funds to help participating lenders mitigate energy efficiency loan risk.


The Residential Energy Efficiency Loan (REEL) Assistance Program enrolled its first loan in July, 2016. REEL is available to borrowers who are interested in completing an energy efficiency project for up to four units of residential property, where the utility service is provided by an investor-owned utility (PG&E, SCE, SCG and/or SDG&E).

CAEATFA is continuing to collaborate with stakeholders and strategic partners to recruit and train Participating Financial Institutions, Participating Finance Lenders and contractors to participate in the REEL program.

List of Participating Contractors, Financial Institutions and Finance Lenders