Home Energy Retrofit Financing Program in Saskatchewan
SASKATOON, SK (OCT 7, 2022) – $11.1 Million Investment Made for Home Energy Retrofit Financing Program in Saskatchewan
We applaud the Federation of Canadian Munipialities and the Government of Canada for investing in a home energy retrofit financing program for the City of Saskatoon. According to a news release from the Federation of Canadian Munipialities, this investment was made possible through the Community Efficiency Financing (CEF) initiative which was provided by the Green Municipal Fund (GMF). The Saskatoon Home Energy Loan Program will allow Saskatoon residents to obtain the retrofit financing they need for their homes to achieve energy efficiency.
Single-family homes will be able to repay loans through property taxes within this program. “Saskatoon is the first municipality in Saskatchewan to implement a program like the Home Energy Loan Program. It allows residents to borrow money from the City to make energy efficient retrofits for single-family homes. Whether it goes towards a new furnace, windows, replacing a leaky door, or multiple projects, this program helps citizens save money month-to-month on utility costs, as well as reduce greenhouse gas emissions,” stated Charlie Clark, Mayor, City of Saskatoon.
This program is a part of the first Property Assessed Clean Energy (PACE) Program in Saskatchewan and will support many residents, including low-income households. Approximately 230-430 jobs in the Saskatoon construction industry and the skilled trades sector will be supported over the course of the program. For more information, visit the Federation of Canadian Munipialities News Release
Are you a renovator or construction professional who would like to learn more about retrofitting and energy efficiency?
The Saskatoon & Region Home Builders’ Association will be hosting an informative workshop:
Towards Net Zero Ready Residential Renovations – 2-Day Bootcamp
When: November 16th and 17th, 8:00 am to 5:00 pm
Where: The Willows, Saskatoon.
Net Zero renovating and building will also be discussed in this intensive training program. This program is perfect for renovators, home builders, HVAC and mechanical contractors, building officials and energy advisors, those wanting a nationally recognized Qualified Net Zero recognition, or those interested in deep energy retrofits.
This course is provided free of charge courtesy of the Saskatoon & Region Home Builders’ Association and our funding partners, NRCan and CHBA.
Learn more by visiting the Event Registration Page
*Educational pre-requisites apply*
Media Contact:
Kirsten Szwydky | Marketing & Communications Coordinator
306-955-5188
marketing@saskatoonhomebuilders.com
The Saskatoon & Region Home Builders’ Association (SRHBA) is the professional association representing approximately 245 companies involved in the housing industry and provides the only certifications available for professional home builders and renovators.
It is the expert voice focused on improving affordability, quality and choice of housing in Saskatoon and Region, and works collaboratively with stakeholders and governments to get there.
For more information, visit:
