California Alternative Energy and Advanced Transportation Financing Authority

GoGreen Business Energy Financing Regulations

Current Regulations

Regulatory Actions

5/13/2024 - Notice of Adopted Emergency Regulations: Amendments to the GoGreen Business Program Regulations

On May 13, 2024, the Office of Administrative Law approved emergency regulations to modify the Commercial Energy Efficiency Financing (“GoGreen Business”) Program. These modifications allow eligibility for clean energy generation and storage measures, provide an increased loss reserve contribution for installations at affordable multifamily housing, extend the allowable claim period against the loss reserve, and to add options for alternate sources of program funding.

CAEATFA has considered all comments, objections, and recommendations regarding the proposed action. You may review the regulatory documents below:

The subject of the modified regulations for GoGreen Business was discussed at a public workshop on March 25, 2024, and CAEATFA invited public comment through April 1, 2024. View the slide deck summary of regulation changes that was presented at the workshop here. Following the workshop, CAEATFA made additional changes based on stakeholder input.

The proposed regulations were publicly noticed, considered, and approved by the CAEATFA Board at a public meeting held on April 16, 2024.

3/25/2024 - Workshop: Proposed Modifications to the GoGreen Business Program Regulations

CAEATFA held a public workshop at 11:00 AM PDT on Monday, March 25, 2024, to propose modifications to the existing regulations for the GoGreen Business Energy Financing Program (GoGreen Business).

CAEATFA invited public comments on the proposed changes to regulations by email until Monday, April 1 at 5:00PM PDT.

The proposed modifications will facilitate the financing of clean energy measures such as solar panels, battery storage, anaerobic digesters, and wind generation, as allowed recently in CPUC Decision 23-08-026. Additional changes will incorporate affordable multifamily with an enhanced loss reserve into the GoGreen Business program, and allow for alternate sources of funding for the loss reserve and interest rate buy-downs.

Regulatory History

On December 17, 2018, OAL approved CAEATFA’s initial emergency regulations to establish the Commercial Energy Efficiency Financing Program. The regulations were initially effective for 180 days and were readopted twice under the emergency rulemaking process, extending the emergency regulations for two consecutive 90-day periods.

On December 13, 2019, CAEATFA timely submitted to OAL the Certificate of Compliance and all corresponding documents required to complete the emergency rulemaking process. OAL approved and filed the Certificate of Compliance and regulations with the California Secretary of State on January 21, 2020. The regulations, in their entirety, became effective on January 21, 2020, per Government Code Section 11343.4(b)(3).

On July 19, 2021, the OAL approved further emergency regulation amendments to the program, which were initially effective for 180 days and were readopted twice under the emergency rulemaking process. These emergency regulations, along with some additional modifications, were approved by OAL as part of the regular rulemaking process with an effective date of August 15, 2022.

On May 13, 2024, the OAL approved amendments to the program which were adopted through the emergency rulemaking process.