On-Bill Obligation, definition
On-Bill Obligation, also referred to as “OBO”, means the full amount of the costs advanced to acquire and install the Energy Improvement(s).
On-Bill Obligation, also referred to as “OBO”, means the costs advanced to acquire and install the Energy Improvement(s). The On-Bill Obligation is associated with the monthly Money $aver Program Charge.
On-Bill Obligation, means the costs to finance the acquisition and installation of Energy Improvement(s) under OBR of the Bill $aver Program. Eligible customers must have entered into a financial agreement with a QSC to finance the Energy Improvement(s) and agree to make payments through a Bill $aver Program Charge added to the monthly electric utility bill.