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Covenant of Mayors - Europe

On-bill-financing

On-bill lending is a method of financing energy efficiency improvements that uses the utility bill as the repayment vehicle. Energy suppliers collect the repayment of a loan through energy bills. It leverages the relationship, which exists between a utility and its customer in order to facilitate access to funding for sustainable energy investments.

Country
Inspiring Examples

UK Green Deal (loan facility that can last for 25 years and can be repaid on via a charge on an energy bill. It is a standardization of measures and loan contracts, which several UK local authorities set up in collaboration with private delivery partners)

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