Decision
Home Energy Retrofit Financing Program Expansion
Carried 21 Jul 2025The vote
What it does
Purpose
To seek Council direction to submit an application for funding to expand the Home Energy Retrofit Financing Program by offering a third-party financing option.Staff report, page 1
Staff recommendation
That Council direct Staff on Council's preferred option presented for the Home Energy Retrofit Financing Program continuation.Staff report, page 1
Votes
-
21 Jul 2025otherCarried 8–0Absent 1
That Council direct Staff to: 1. Apply for the Federation of Canadian Municipalities (FCM) Community Efficiency Financing (CEF) Capital Program to support a third-party financing option as part of the City’s Home Energy Retrofit Financing Program and if successful, partner with a select financial institution to offer this option to Nanaimo homeowners. 2. Allocate up to $120,000 from the Climate Action Reserve Fund to continue to support the Home Energy Navigator Program for 2026 and 2027.
Documents
- Staff report, 21 Jul 2025
- Meeting agenda, 21 Jul 2025 Home Energy Retrofit Financing Program Expansion