California Hub for Energy Efficiency Financing Pilot Programs: as part of a public-private partnership among state agencies and investor-owned utilities (IOUs) to help California meet its energy savings goals by increasing private investment in energy efficiency retrofits. Working Group on Energy Efficiency Financing Programs: in consultation with the California Public Utilities Commission, created a working group to develop criteria for a comparative assessment of energy efficiency financing programs available in California. These programs include the Property Assessed Clean Energy (PACE) financing and legacy utility on bill financing, and the California Hub for Energy Efficiency Financing (CHEEF) pilot programs. Property Assessed Clean Energy (PACE) Loss Reserve Program: works with partners and lenders to support PACE financing for energy or water efficiency and clean energy home improvements. Property owners in a PACE-designated area can use PACE financing to for the above home improvements without a down payment and repayment included in their property tax bills. Sales and Use Tax Exclusion (STE) Program: supports California's mission to provide financial incentives to cutting-edge companies by offering a sales and use tax (STE) exclusion to manufacturers that promote alternative energy and advanced transportation. Clean Energy Bond Financing: issues tax-exempt bonds to finance green projects to help California meet its energy goals and have included solar, hydroelectric, geothermal, biomass and cogeneration projects.