Study: Assess options for a local home-energy upgrade financing program

Explore and assess options for a financing program for home energy upgrades that can achieve triple-bottom-line benefits within your community.  

Your study should include one or more of the following elements: 

• A baseline assessment of a community’s housing stock and energy upgrade potential, including: 
  • Assessing building types, energy use profiles and opportunities for energy upgrades to support GHG emissions reductions 
  • Assessing the potential uptake for energy efficiency and renewable energy in terms of the number of anticipated projects and level of investment required 
  • Projecting the local benefits that could be achieved from energy upgrades (e.g., energy cost savings for residents, energy and GHG reductions, water savings, etc.) 
• An analysis of how financing may address: 
  • Homeowner barriers to energy efficiency and renewable energy upgrades (e.g., high upfront cost, split incentives, information gaps) 
  • Homeowner barriers to participation in existing efficiency programs, such as those offered by a utility company or regional efficiency agency 
• An evaluation of available financing models within the context of municipal law, including the feasibility of establishing PACE-enabling legislation, or another innovative financing instrument, in a given province or territory 
• Engagement with key municipal and external stakeholders on shared goals for a local program 

Multiple municipalities and partners are encouraged to collaborate on regional opportunities, where appropriate. 

For full details, please read our application guide.

Prerequisites 

A community energy, sustainability or climate action plan, or similar, that identifies energy efficiency and renewable energy in the residential sector as a priority area for action.
 

Notes

Feasibility studies (or equivalent) are a prerequisite when applying for capital project funding. 

Funding is subject to availability. We reserve the right to make changes to eligibility criteria and the types of projects funded through this offer. 

How to Apply