GoGreen Home Energy Financing Regulations
Current Regulations
Regulatory Actions
8/30/2024: Modified Regulations Adopted through the Regular Rulemaking Process
Modifications to regulations for the GoGreen Home Energy Financing Program received approval from the Office of Administrative Law (OAL) and took effect on August 30, 2024. This formalized modifications to the program that were initially authorized under the emergency rulemaking process started in December of 2023, and completed by the regular rulemaking process.
This rulemaking is a combination of two separate emergency rulemakings. The first emergency regulation modifications were approved by the Office of Administrative Law (OAL) in December 2023, and the second emergency regulation modifications were approved in April 2024. Each of these emergency regulations modifications involved a public workshop. Both emergency rulemakings were readopted together by OAL on June 14, 2024. This regular rulemaking action completes the rulemaking process for both packages. The public comment period for the Notice of Proposed Rulemaking ended on July 16, 2024.
These regulations are comprised of changes made during the emergency regulations process and are being made permanent through this action. Examples include modifications to support efficient redeployment and rebalancing of Loss Reserve funding, to establish the capacity to channel external funds for Interest Rate Buy-Downs as a type of promotional incentive, to create the role of a Project Developer to better facilitate deeper and more targeted energy retrofits, and to incorporate new clean energy measures as a result of CPUC Decision 23-08-026. Additionally, other changes were made to enhance operational efficiency.
- View the approved and endorsed Form 400 Certificate of Compliance filed with the Secretary of State
- View the approved regulations filed with the Secretary of State
CAEATFA did not schedule a public hearing regarding the regulations during the final rulemaking process. However, the Authority would have held a hearing if it had received a written request for a public hearing from any interested person, or his or her authorized representative, no later than 15 days prior to the close of the written comment period.
CAEATFA submitted the proposed regulations to the CAEATFA Board for approval at the July 16, 2024 Board meeting. Following approval by the Board, CAEATFA submitted the proposed regulations to the Office of Administrative Law.
Emergency Regulations Readopted
On June 14, 2024, the Office of Administrative Law (OAL) approved the emergency regulations for the GoGreen Home Energy Financing Program. These regulations became effective on June 20, 2024, and were effective until August 30, 2024 when the certificate of compliance was completed.
- View the approval notice from the Office of Administrative Law and the text with changes illustrated
- View the Notice and Finding of Emergency
The proposed regulations were publicly noticed, considered, and approved by the CAEATFA Board at a public meeting held on May 21, 2024.
The regulation amendments readopted here respond to challenges, lessons learned, and extensive stakeholder feedback received while implementing GoGreen Home. Amendments include guidelines for a new method of rebalancing the Loss Reserve Accounts; incorporation of new energy measures allowed by CPUC Decision 23-08-026 such as paired solar photovoltaic and storage, and raising the maximum project amount and loan term for such improvements. Further, CAEATFA is adding a Project Developer role to facilitate broader efficiency upgrades as well as adding a feature to “pause” Lender operations if a threshold of delinquent and defaulted principal is reached. Other changes were made to improve operational efficiency as well as the overall borrower experience.
5/30/2024 – Notice of Regular Rulemaking
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) is issuing a Notice of Proposed Rulemaking with proposed regulation text for the regular rulemaking process for the GoGreen Home Energy Financing Program. The notice is being published on May 31, 2024.
This rulemaking is a combination of two separate emergency rulemakings. The first emergency regulation modifications were approved by the Office of Administrative Law (OAL) in December 2023, and the second emergency regulation modifications were approved in April 2024. Both emergency rulemakings were readopted together by OAL on June 18, 2024. This regular rulemaking action will complete the rulemaking process for both packages. The public comment period for the Notice of Proposed Rulemaking will end on July 16, 2024.
These regulations are comprised of changes made during the emergency regulations process that are proposed to be made permanent. Examples include modifications to support efficient redeployment and rebalancing of Loss Reserve funding, to establish the capacity to channel external funds for Interest Rate Buy-Downs as a type of promotional incentive, to create the role of a Project Developer to better facilitate deeper and more targeted energy retrofits, and to incorporate new clean energy measures as a result of CPUC Decision 23-08-026. Additionally, other changes were made to enhance operational efficiency.
- View the Notice of Proposed Rulemaking
- View the Initial Statement of Reasons
- View the Proposed modified Regulations
The Authority has not scheduled a public hearing regarding the regulations. However, the Authority will hold a hearing if it receives a written request for a public hearing from any interested person, or his or her authorized representative, no later than 15 days prior to the close of the written comment period. A hearing may be requested by making such a request in writing addressed to kdelaney@treasurer.ca.gov or alingenfelter@treasurer.ca.gov.
Any public hearings will be publicized via the Authority’s email contact list and on this webpage.
Any interested parties, or their authorized representatives, may submit written comments relevant to the regulations to the Authority at cheef@treasurer.ca.gov or at a public hearing should one be held. The written comment period on the regulations ends on Tuesday July 16, 2024.
If you prefer to receive a hard copy of the Notice of Proposed Regulations or if you have any questions regarding this action, please contact Kelly Delaney at kdelaney@treasurer.ca.gov or (916) 651-5581.
5/24/2024 – Notice of Proposed Re-adoption of Emergency Regulations with No Additional
Modifications
CAEATFA proposes to readopt the emergency regulations for the GoGreen Home Energy Financing Program. You may review the regulatory documents below:
This readoption is a combination of two separate emergency rulemakings. The first emergency regulation modifications were approved by the Office of Administrative Law in December 2023, and the second emergency regulation modifications were approved in April 2024. The proposed readoption of these combined regulation modifications were publicly noticed, considered, and approved by the CAEATFA Board at a public meeting held on May 21, 2024. CAEATFA will work to make these changes permanent by late summer 2024, through the Certificate of Compliance process.
Government Code Section 11346.1(a)(2) requires that, at least five working days prior to submission of the proposed adoption of emergency regulations to the Office of Administrative Law (OAL), the adopting agency provide a notice of the proposed emergency action to every person who has filed a request for notice of regulatory action with the agency. CAEATFA will send notice on June 3, 2024. After submission of the proposed emergency regulations to OAL, OAL shall allow interested parties five (5) calendar days to submit comments on the proposed emergency regulations as set forth in Government Code Section 11349.6. Upon filing, OAL will have ten (10) calendar days within which to review and make a decision on the proposed emergency rulemaking package.
The regulation amendments proposed for readoption here respond to challenges, lessons learned, and extensive stakeholder feedback received while implementing GoGreen Home. Examples include modifications to support efficient redeployment and rebalancing of Loss Reserve funding, to establish the capacity to channel external funds for Interest Rate Buy-Downs as a type of promotional incentive, to create the role of a Project Developer to better facilitate deeper and more targeted energy retrofits, and to incorporate new clean energy measures as a result of CPUC Decision 23-08-026. Additionally, other changes were made to enhance operational efficiency.
4/16/2024 - Emergency Regulations Enacted
On April 15, 2024, the Office of Administrative Law approved the approved emergency regulation amendments to the GoGreen Home Program and filed the regulations with the Secretary of State. These amended regulations are effective for 180 days, until Tuesday, October 15, 2024. During this time, CAEATFA will proceed with the necessary steps to comply with the emergency action, concluding with the regular rulemaking process.
You may review the Notice and Finding of Emergency, Approved Form 400, and text with changes illustrated below:
The subject of the proposed modified regulations for GoGreen Home was discussed at a public workshop on February 22, 2024, and CAEATFA invited public comment through February 29, 2024. View the slide deck summary of regulation changes that was presented at the workshop. Following the workshop, CAEATFA made minor changes based on stakeholder input.
The proposed regulations were publicly noticed, considered, and approved by the CAEATFA Board at a public meeting held on March 19, 2024.
The proposed modifications are being made to incorporate new energy measures allowed by CPUC Decision 23-08-026 such as paired solar photovoltaic and storage while raising the maximum project amount and loan term for such improvements. Further, CAEATFA is adding a project developer role to facilitate broader efficiency upgrades as well as adding a feature to “pause” Lender operations if a threshold of delinquent and defaulted principal is reached. Other changes were made to improve operational efficiency as well as the overall borrower experience.
12/22/2023: Emergency Regulations Enacted
On December 22, 2023, the Office of Administrative Law approved the approved emergency regulation amendments to the GoGreen Home Program and filed the regulations with the Secretary of State. These amended regulations are effective for 180 days, until Wednesday, June 19, 2024. During this time, CAEATFA will proceed with the necessary steps to comply with the emergency action, concluding with the regular rulemaking process.
You may review the Notice and Finding of Emergency below:
The subject of the proposed modified regulations for GoGreen Home was discussed at a public workshop on October 23, 2023, and CAEATFA invited public comment through October 27, 2023. View the slide deck summary of regulation changes that was presented at the workshop. Following the workshop, CAEATFA made minor changes based on stakeholder input.
The proposed regulations were publicly noticed, considered, and approved by the CAEATFA Board at a public meeting held on November 14, 2023.
The proposed modifications are intended to ease operations for lenders and to support efficient deployment and rebalancing of Loss Reserve funding to facilitate program scaling. The addition of a new section also allows CAEATFA to utilize funds from external funding sources to deploy Interest Rate Buy-Downs, to help lower interest rates.