On-bill financing (OBF) and on-bill repayment (OBR) allow energy efficiency improvements to be financed or repaid through the utility bill. With OBF, the improvements are funded by utility shareholder or ratepayer funds, and repaid by customers on their utility bills. With OBR, the improvements are funded by a third party and repaid on the utility bill. The payment obligation may be presented as a tariff and “attached” to the meter. This means that the payment obligation must be assumed by the account associated with the individual meter (i.e., whoever is responsible for payment of the utility bill) rather than a specific borrower.