GoGreen Home — California energy financing program
GoGreen Home Energy Financing is California's state-backed loan program for residential energy work. Administered by CAEATFA (California Alternative Energy and Advanced Transportation Financing Authority) and delivered through participating community lenders. You choose the lender in the GoGreen portal; Sunrise has no preferred lender.
Terms, in GoGreen's own words: “below-market interest rates,” “extended terms for affordable payments,” and “no property lien” (GoGreen Financing). - Loan amount, rate and term: set by the participating lender, based on your credit and the project. GoGreen lists current offers on its approved-lenders chart. - Eligible work: solar paired with battery storage, EV chargers, heat pumps (HVAC and water), induction ranges, HPWHs, electrical panel upgrades when part of an electrification project
Why this exists: the program gives lenders a credit enhancement that covers part of their risk of default, which the State Treasurer says lets them “offer lower rates, longer payback terms and higher loan amounts” (State Treasurer). For owned solar + battery and electrification work, it means no lease and no third-party agreement buyout pricing.
Also known as: GoGreen FinancingCAEATFA GoGreenCalifornia energy loan
Why it matters in Santa Cruz County
Post-Section 25D expiration, financing the work yourself (instead of via lease) keeps you eligible for system ownership benefits — you own the equipment, you keep all the avoided-utility-cost savings, the system stays with your house when you sell. GoGreen is the most practical fixed-rate path for owned systems.
Sunrise's take
Our financing partner is GoGreen Home through participating community lenders. If an older proposal or ad names a different lender, ask us — GoGreen is the program we work with.
Met this term in a quote or inspection report?
A free whole-home inspection turns jargon into a written assessment of your actual house — you keep the report either way.