Government Financing Programs for Home Retrofits in Alberta

What are the differences between the Canada Greener Homes Loan and Clean Energy Improvement Program?

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Clean Energy Improvement Program (CEIP) is a new financing program offered by certain municipalities in Alberta, providing you with access to competitive financing for energy efficiency and renewable energy upgrades for your home or business, which will help lower your energy bill. Unlike other financing programs, you can repay it through your regular property tax bill and transfer the payments over to the new property owner should you decide to sell.

Are you interested in applying? Calgary, Athabasca, Canmore, Leduc and Rocky Mountain House are now accepting Pre-Qualification submissions  for CEIP.

The Canada Greener Homes Initiative is another government financing program offering interest-free loans to help cover the costs of significant home retrofits recommended by an energy advisor. Learn more about the Canada Greener Homes Grant and Loan.

Trying to decide between the Canada Greener Homes Loan and CEIP? Choose the right financing option for your needs:

 
Clean Energy Improvement Program
Canada Greener Homes Loan
Where is this program offered?
  • Now Accepting - Calgary, Athabasca, Canmore, Leduc, Rocky Mountain House and Devon
  • Opens Soon – Lethbridge
  • Closed - Edmonton and St. Albert
Canada-wide
Who can apply? Homeowners and Commercial Property Owners Homeowners Only
Interest Payment Each municipality sets their own interest rate Interest-free for 10 years
Financing Term Up to 20 years depending on the project type 10 years
Maximum Funding $50,000 $40,000
Minimum Funding $3,000 $5,000
Repayment Conditions Financing is tied to the property, not the property owner. If the property is sold, the new owner assumes responsibility for repayment, while also enjoying the benefits provided by the upgrades. The current property owner is responsible for repaying this loan even if they sell the property.
EnerGuide Home Evaluation Required to apply Required to apply
Special Conditions Requires consent from mortgage provider to participate in the program Need to qualify for the Canada Greener Homes Grant first
Eligible Upgrades
Clean Energy Improvement Program
Canada Greener Homes Loan
Doors, Windows, Insulation & Air Sealing Yes Yes
Space Heating Yes Yes
Heat Pumps Yes Yes
Air Conditioning Yes No
Lighting Yes No
Renewable Energy (Solar PV & Thermal) Yes Yes
Water Heating Yes Yes
Thermostat Yes Yes

Property owners are encouraged to review the terms and conditions for all programs to ensure their project meets all eligibility criteria.

Sources:

https://ceip.abmunis.ca/frequently-asked-questions/

https://www.nrcan.gc.ca/energy-efficiency/homes/canada-greener-homes-initiative/canada-greener-homes-loan/24286#details

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