City passes Clean Energy Improvement Tax Bylaw
Grande Prairie City Council passed the Clean Energy Improvement Tax Bylaw at it’s meeting earlier this week, which will now allow the city to access energy-efficient incentive funding for participating property owners through the Federation of Canadian Municipalities (FCM).
Mayor Jackie Clayton says with the passing of the bylaw, the Clean Energy Improvement Program (CEIP) is expected to start in September 2022 and will work with residential and commercial building owners to improve energy efficiency on their property.
CEIP is a financing program that facilitates the construction and installation of qualified clean energy improvements to properties through a local taxation mechanism, which provides security for repayment of the financing.
“Through the property tax, there will be opportunities for homeowners to apply for opportunities such as solar panels, ways to reduce their (carbon) output on their residence and in turn make the city more green overall.”