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California Alternative Energy and Advanced Transportation Financing Authority

GoGreen Home Energy Financing Regulations

Current Regulations

Regulatory Actions

6/14/2024 – 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 will become effective on June 20, 2024, and are effective until September 19, 2024.:

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.

CAEATFA is also simultaneously working through the Regular Rulemaking process to make these changes permanent before the end of the summer. 

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.

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.