California Code of Regulations › Title 4 - Business Regulations › Division 13 - California Alternative Energy and Advanced Transportation Financing Authority › Article 5 - Gogreen Home Energy Financing Program › Section 10091.1 - Definitions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) "Authority" means the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) established pursuant to Division 16 (commencing with Section  26000) of the Public Resources Code or its agent.
(b) "Bill Impact Estimate" means an estimate of the anticipated energy cost impacts that are expected to result from the installation of Eligible Energy Measures, which is provided by the Participating Contractor, Participating Project Developer, Participating Financial Institution (PFI), or Participating Finance Lender (PFL) to the Borrower prior to work being performed on the Eligible Property.
(c) "Borrower" means an individual or individuals who receive(s) an Eligible Loan from a PFI or PFL for the purpose of making Eligible Improvements to no more than four units of an Eligible Property.
(d) "California Hub for Energy Efficiency Financing Disclosure" or "CHEEF Disclosure" means the disclosure described in Section 10091.16.
(e) "CHEEF Loan Identifier" or "CHEEF Loan ID" means an identification number associated with a Borrower and/or Eligible Loan created by the Authority and provided to the PFI or PFL at the time of enrollment of an Eligible Loan in the Program. The CHEEF Loan ID will be used to identify the corresponding Eligible Loan in all subsequent correspondence between the PFI, PFL, PCP or Successor Servicer and the Authority.
(f) "Claim-Eligible Principal Amount" means the principal amount of an Enrolled Loan that qualifies for reimbursement in the event of a charge-off, pursuant to Section 10091.5(f) and which may be less than the Total Loan Principal Amount.
(g) "Commission" or "CPUC" means the California Public Utilities Commission.
(h) "Community Choice Aggregator" or "CCA" has the same meaning as defined in Section  331.1 of the Public Utilities Code.
(i) "Credit-Challenged Borrower" means a Borrower with no credit score or a credit score of 700 and below.
(j) "CSLB" means the California Contractors State License Board.
(k) "Eligible Channel Partner" or "ECP" means a potential co-applicant with the EFI or EFL engaged in marketing, outreach, assisting borrowers with loan applications and/or the submission of loans to the Program. The Eligible Channel Partner must meet the requirements described in Section 10091.4 and must be a signatory to the PFI's or PFL's Program application.
(l) "Eligible Contractor" means a contractor or contractor company with an active license with the Contractors State License Board to do the work they perform and who has not had disciplinary action taken against their CSLB license within the previous 12 months.
(m) "Eligible Energy Measures" or "EEMs" means energy efficiency and clean energy measures eligible for financing under the Program, as established in Section 10091.11. The list of EEMs will be accessible from the Authority's website. A measure that is eligible for an IOU, REN or CCA energy efficiency or demand response program and is not on the EEMs list is eligible for financing.
(n) "EEMs ID" means the unique identification number associated with an individual EEM as assigned by the Authority.
(o) "EEMs Measure Name" means the name associated with a particular EEM as assigned by the Authority.
(p) "Eligible Finance Lender" or "EFL" means a finance company that meets the requirements specified in Section 10091.2 and Section 10091.3.
(q) "Eligible Financial Institution" or "EFI" means any insured depository institution, insured credit union, or Community Development Financial Institution, as those terms are each defined in Section 103 of the Riegle Community Development and Regulatory Improvement Act of 1994 (12 U.S.C. Sec. 4701 et seq.).
(r) "Eligible Improvements" means improvements made to Eligible Properties.
(1) Eligible Improvements may include:
(A) The installation of EEMs that correspond to gas where an IOU delivers gas to the Eligible Property and that correspond to electricity where an IOU delivers electricity to the Eligible Property. This includes alterations and improvements that are legally or practically required to complete the installation of the EEMs.
(B) Additional related home improvements to the Eligible Property. Equipment included on the EEMs list as described in Section 10091.11(j) but not meeting the requirements of the EEMs list may not be included.
(C) Capitalized interest from a refinancing pursuant to Section 10091.5(c)(1).