Zero Interest Loan for Businesses & Non-Profit Agencies


The Zero Interest Loan Program is designed to supplement the City of Palo Alto Utilities' (CPAU’s) existing efficiency programs by eliminating the need for customers to make an upfront capital investment to improve the energy efficiency of their facility.  Projects that qualify for rebates through CPAU non-residential programs are also eligible to receive a loan for the complete project cost.

The funds are loaned at a zero percent (0%) interest rate

Monthly loan payments are calibrated to match the estimated monthly cost savings resulting from the energy efficiency improvements – meaning your total monthly payment to CPAU should not increase even while making loan payments!

General Guidelines

The loan is designed to be cash flow neutral to your business. The monthly loan payment should approximately equal the monthly savings generated through the efficiency improvement.

  • Loans are available to non-residential customers only.
  • The minimum loan amount, after utility rebate, is $5,000. The maximum loan amount is $50,000 per utility account.
  • The project must qualify for and receive a rebate from a CPAU electric efficiency program. Natural gas projects do not currently qualify for loan funds.
  • The length of loan repayment is based on the simple payback of the efficiency project, not to exceed five years.

Customer must have CPAU account for the past two years at current facility. 

Sample Efficiency Project With Financing


Total Project Cost


CPAU Project Rebate


Loan Amount


Estimated Annual Energy Savings


Number of Monthly Loan Payments
(Simple Payback + 1 Month)




Monthly Estimated Utility Bill Savings


Monthly Loan Payment


Monthly Estimated Cash Flow


For more information about the program, please read the following:

Or call QuEST, our Program Administrator, at (866) 716-9400.

Last Updated: Apr 9, 2013