Selling Solar With Home Energy Loans Webinar

Recording Now Available

The "Selling Solar with Home Energy Loans" webinar was hosted on Wednesday, June 22, 2016. Thank you for all who attended the webinar! If you were unable to attend, the recording of the webinar, slides, and webinar questions are now available for you to review. 

Learn how you can better sell energy efficient solar projects to your customers using Home Energy Loans, streamlined financing for Home Upgrade and Advanced Home Upgrade projects. 

This 30-minute webinar will help you show your customers: 
  • What is available: Low rates, flexible terms, no fees.
  • Who is eligible: Homeowners who complete Home Upgrade/Advanced Home Upgrade with 660+ FICO score.
  • How it works for solar: Low monthly payments for larger projects; rebates available.

CLICK TO VIEW THE WEBINAR (recording)>>  

Webinar Questions:

1. When does the contractor get paid? 
Upon completion of the project, the homeowner must submit the completion documents to Matadors: Certificate of Completion, Notice to Proceed, Authorization to Release Customer Information, and the final invoice. Upon review of the completion documents, Matadors will send the homeowner the loan closing documents to complete, sign and return.  All of this can be done either by email or postal mail. Once Matadors receives the signed closing documents, the loan will be funded and the contractor will receive payment within 2-10 business days by check.

2. Are there any progress payments to the contractor before the work is finalized? 
Progress payments are not part of our program. However, contractors get paid the full amount in a timely manner once the work has been completed, within 2-10 days.

3. How does Matadors know that the project is complete? 
The homeowner will submit the completion documents to Matadors, which includes the Certificate of Completion, Notice to Proceed, Authorization to Release Customer Information, and the final invoice.

4. Is this type of loan a personal loan or attached to the property? 
This loan is a personal loan, so it is attached to the applicant and not the property.

5. Is there a sheet for showing the client this type of loan? 
Yes. There is a Home Energy Loans flyer available on our website for you to download. If you would like physical flyers, please let us know by email at homeupgrade@theenergynetwork.com and we will gladly send you some.

6. Is this an unsecured loan?
Yes. It is an unsecured loan, but a UCC-1 lien may be required.
Also available is our "Home Energy Loans and Solar" flyer, which provides an overview on completing solar projects with this financing option. 
Questions? We're always happy to help.

Contact us at  homeupgrade@theenergynetwork.com  or (877) 785-2237.

The Energy Network is administered by the County of Los Angeles and funded by California utility ratepayers under the auspices of the California Public Utilities Commission. www.theenergynetwork.com

 

Energy Upgrade California┬« Home Upgrade provides assistance and incentives for home improvement projects that can reduce energy use and make homes more comfortable. This statewide program is managed locally by utilities and regional energy networks and directed by the California Public Utilities Commission in collaboration with the California Energy Commission. Funding comes from utility customers under the auspices of the California Public Utilities Commission. Incentives are offered on a first-come, first-served basis and are effective until funding is expended or the program is discontinued. Programs may be modified or terminated without prior notice. www.energyupgradeca.org.