Home energy retrofit financing program launching in Leduc
May 23, 2022 By Anthony Capkun
May 23, 2022 – The City of Leduc, Alta., has received a $4.1-million investment through the Community Efficiency Financing (CEF) initiative to implement a home energy retrofit financing program.
The announcement was made by Jonathan Wilkinson, Minister of Natural Resources, and Joanne Vanderheyden, president of the Federation of Canadian Municipalities.
The city is receiving $4,102,500 to implement the Clean Energy Improvement Program (CEIP). Administered by Alberta Municipalities, CEIP will finance energy efficiency and renewable energy upgrades for residential properties. Homeowners will then repay the cost of their home energy projects over time through a CEIP charge added to their property tax bills.
Application intake is expected to begin this month.
The program will be available to residential homeowners with eligible properties, including townhouses and detached, semi-detached and row houses, as well as multi-unit residential buildings of three storeys or less.
Participants can select from a variety of upgrades, including solar photovoltaic systems and solar water-heating; air-source heat pumps; high-efficiency furnaces, boilers and lighting fixtures; home insulation; and air sealing.
“The Clean Energy Improvement Program opens doors for our residents to explore energy-efficient upgrades they might not have otherwise considered,” said Bob Young, Mayor, City of Leduc.
To promote participation, the City of Leduc will offer rebates for eligible upgrades, EnerGuide Home Evaluations and electric vehicle car chargers.
The Community Efficiency Financing initiative is offered through the Green Municipal Fund, which is funded by the Government of Canada and delivered by FCM.
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