Calgary launches program to help homeowners finance clean energy upgrades

The Clean Energy Improvement Program is designed to ease the upfront costs of certain home improvement projects, including solar panel installation, heating and air conditioning upgrades, and upgrades to hot water heaters and lighting. If the home is sold before the loan is repaid, the remainder of the costs would transfer to the next homeowner.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.

“With what we’ve seen in terms of inflation, it’s just been a little bit tough for people to do the things that they wish to do,” said the mayor. “With this program available to them, they can upgrade the things they want to immediately and they can slowly pay it back through their property tax bill.”Under CEIP, homeowners can qualify for a loan of up to $50,000 to cover the cost of upgrades.

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Calgary launches program to finance clean energy upgrades on homesThe Clean Energy Improvement Program can help with the up\u002Dfront costs of home improvement projects, including solar panel installation. Can’t get any cleaner energy than natural gas In a city with these kinds of tax breaks, it’s like living in a giant condo; you end up paying for your neighbours renovations and repairs wether yours needs it or not. Good gawd already are paying so dam much for taxes, mortgage can't afford to add another cent to debt!
Source: calgarysun - 🏆 63. / 52 Read more »