Section 2786 Of Chapter 6. Home Insulation Assistance And Financing From California Public Utilities Code >> Division 1. >> Part 2. >> Chapter 6.
2786
. An electrical or gas corporation shall provide for payment by
a customer for whom home insulation has been installed pursuant to
this chapter through such periodic billing procedures as may be
established by the corporation. The corporation may require an
initial payment toward the insulation services of not greater than 20
percent with the balance due payable in equal installments during a
period of 36 months following completion of the work, or at such
greater rate of repayment as the customer may elect. Finance charges
shall not be greater than the maximum allowable finance charges
permitted for retail installment contracts. Acceptable credit cards
may be utilized in lieu of these financial arrangements.