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Edmonton Pilot Program to Help Homeowners With Green Upgrades
May 2, 2022 | Posted by: Marc Crossman
Edmonton residents can now access low-cost financing for eco-friendly home improvements through a new pilot program that is repaid through the applicant’s property tax bill. The Clean Energy Improvement Program helps residential property owners finance up to 100 per cent of energy efficiency or renewable energy projects.
Residents are able to request between $3,000 and $50,000, as long as the annual payment not more than their annual property tax bill. Once approved, homeowners can go ahead with renovations such as solar panels, environmentally conscious lighting and insulation, which they must complete within six months.
Currently, the program is only active for residents of Edmonton, Devon and Rocky Mountain House.
See the full article here: https://www.cbc.ca/news/canada/edmonton/ecofriendly-home-upgrades-1.6404104
Get in touch today with any questions or to find out other ways you may be able to finance your home upgrades! Call 780 701 3888 or email marc@albertamortgagepros.ca