Council votes
Decision

Home Energy Retrofit Financing Program

Carried 8 Jul 2024The vote
Topic: Environment Categories: Environment & Natural Resources 1 recorded vote 8 Jul 2024

What it does

Purpose, from an earlier report
To seek Council direction to submit an application for funding to implement a Property Assessed Clean Energy (PACE) style home energy retrofit financing program in Nanaimo.
Staff report, page 1

Votes

  1. 8 Jul 2024other
    Carried 9–0

    That Council direct Staff to: 1. apply to the Federation of Canadian Municipalities (FCM) Community Energy Efficiency Financing (CEF) program for pilot funding to support a Property Assessed Clean Energy (PACE) style home energy financing program and if successful, launch a PACE style home energy financing program for Nanaimo residents; and, 2. allocate up to $200,000 from the Climate Action Reserve Fund to support a home energy retrofit financing program.

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