March 29, 2022
Edmonton residents interested in upgrading the energy efficiency of their homes can now apply for low-cost financing under the City’s new Clean Energy Improvement Program (CEIP).
The two-year pilot program provides access to low-cost financing to help Edmontonians make a minimum of three energy efficiency and renewable energy upgrades to residential homes. A second pilot for commercial properties will roll out later in 2022. The process involves the City providing $11.25 million in financing and rebates to address most upfront costs. The financing is then repaid by the property owners through the owners’ property taxes.
The City received a $9.69 million loan from the Federation of Canadian Municipalities (FCM) Green Municipal Fund to develop and launch the program.
Alberta Municipalities will administer the pilot. The CEIP aims to advance efforts to improve environmental resiliency as part of Edmonton’s Community Energy Transition Strategy and Action Plan. The residential program is forecasted to support an estimate of 80 residential projects over the two-year pilot. The commercial retrofit pilot is anticipated to support approximately 20 projects when launched in 2022.
Residential Pre-qualification forms will be available beginning today and can be found, along with additional program information, at myceip.ca/edmonton/.
