Clean Energy Improvement Program launched locally

Clean Energy Improvement Program launched locally

Article content

A new program aimed to help residents make their homes more energy efficient has launched in Strathcona County. 

Advertisement 2

Article content

The Clean Energy Improvement Program (CEIP) works by allowing residents to apply to finance up to $50,000 to improve or upgrade their home to be more energy efficient or add renewable energy. 

Article content

“Up to $50,000 in energy efficiency and renewable energy upgrades at a low fixed interest rate of two per cent and then they can repay the cost of those upgrades through a charge on their annual tax bill,” explained Kat Villeneuve, environmental planning specialist with the Agriculture and Environment branch in planning and development services at Strathcona County. “It launched on Oct. 17, and is currently about one-third subscribed for the fall so there is still plenty of room if individuals are interested in applying for this fall’s intake.” 

Advertisement 3

Article content

The program, which was unanimously supported by Strathcona County Council in July 2022, is aimed at residential properties and requires a pre-qualification, project application, project agreement, installation by a qualified contractor and repayment. 

“We averaged it out but the number we’re looking to finance is upwards of $1,650,000 worth of upgrades, which can translate to approximately 60 properties, but it really depends on the value of the upgrade people are applying for,” Villeneuve said. 

Clean Energy Improvement Program
Eligible properties are older builds and include detached and semi-detached homes, row homes, townhomes and multi-unit residential buildings with less than four stories. Photo supplied

Eligible properties would be older builds and include detached and semi-detached homes, row homes, townhomes and multi-unit residential buildings with less than four stories. 

“They can fit into the renewable energy or energy efficiency categories and if you’re looking at home efficiency you’re replacing windows, doors, insulation, more efficient furnaces, heat pumps and down to better seals around windows and doors,” she explained. “For renewable energy, the most common one is solar.”

Advertisement 4

Article content

The program isn’t giving money away, according to the county, and residents will pay back what is used with a low interest rate, but this will allow household upgrades and improvements more accessible. 

“It isn’t a grant, and you don’t get money back, but there are incentives available to residents and those that complete their projects will see a five per cent reduction of the final total cost off their tax roll amount. So, there is some incentive there to reduce the overall burden,” Villeneuve said. 

The intent of program is to save residents money in the long run, while also helping reduce energy use and emissions. 

“The clean energy program is really innovative, even here in Canada, and it comes from a model called the Property Assessed Clean Energy Financing Model and some of these programs have rolled out in Eastern Canada but 2019 was when they started coming to Alberta,” she said. “It is all very, very new and exciting.” 

There is no deadline set to apply and application will be open until the final amount of funds has been allocated.  

You can find out more at ceip.abmunis.ca or go to strathcona.ca. 

[email protected]

twitter.com/travisdosser

Article content

Comments

Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

    Advertisement 1

Related Posts