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Financing Receivables (Tables)
12 Months Ended
Dec. 31, 2025
Schedule of Financial Receivables [Line Items]  
Schedule of Credit Risk Profile Based on Payment Activity The following table reflects the outstanding amounts by class of customer.

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

 

Outstanding OBR Loans by Class of Customers

 

2025

 

 

 

 

 

Millions

 

 

 

Commercial/Industrial

 

$

17

 

 

 

Residential

 

 

128

 

 

 

Total

 

 

145

 

 

 

Current Portion (included in Accounts Receivable)

 

 

(14

)

 

 

Noncurrent Portion (included in Long-Term Investments)

 

$

131

 

 

 

 

 

 

 

 

The following table reflects the outstanding loans by class of customer, none of which would be considered “non-performing.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

 

Outstanding Solar Loans by Class of Customers

 

2025

 

 

2024

 

 

 

 

 

Millions

 

 

 

Commercial/Industrial

 

$

19

 

 

$

38

 

 

 

Residential

 

 

1

 

 

 

2

 

 

 

Total

 

 

20

 

 

 

40

 

 

 

Current Portion (included in Accounts Receivable)

 

 

(11

)

 

 

(17

)

 

 

Noncurrent Portion (included in Long-Term Investments)

 

$

9

 

 

$

23

 

 

 

 

 

 

 

 

 

 

 

The solar loans originated under the remaining Solar Loan Programs are comprised as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Programs

 

Balance as of December 31, 2025

 

 

Funding Provided

 

Residential Loan Term

 

Non-Residential Loan Term

 

 

 

 

Millions

 

 

 

 

 

 

 

 

 

Solar Loan II

 

 

9

 

 

prior to 2015

 

10 years

 

15 years

 

 

Solar Loan III

 

 

11

 

 

prior to 2022

 

10 years

 

10 years

 

 

Total

 

$

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Lease Receivables, Net of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based on Counterparty Credit Rating

The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.

 

 

 

 

 

 

 

 

 

Lease Receivables, Net of
Non-Recourse Debt

 

 

 

Counterparties’ Standard & Poor’s (S&P) Credit Rating as of December 31, 2025

 

As of December 31, 2025

 

 

 

 

 

Millions

 

 

 

AA

 

$

6

 

 

 

A-

 

 

172

 

 

 

Total

 

$

178