By Jeff Henson

CEIP

City unveils Clean Energy Improvement Program

Apr 25, 2023 | 2:21 PM

The City will be launching its residential Clean Energy Improvement Program as of May 9, which will help property owners pay for energy efficiency and renewable energy upgrades, thus reducing their energy consumption and lowering their carbon footprint.

The CEIP provides property owners with affordable and flexible, long-term funding through the municipality.

Financing is tied to the property and not the property owner, in the form of a tax added to the property’s tax bill.

That means if the property ends up being sold in the future, the financing would be automatically transferred to the new property owner.

The city will host a pair of information sessions on May 4 regarding the CEIP.

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The first is a virtual session set for 11:30 a.m. to 1 p.m., with an in-person gathering set for 6;30-8:30 that evening at the Montrose Cultural Centre.

Pre-registration is required for either event.

The city adds they expect to launch a CEIP for commercial properties later this year or early in 2024.