The Clean Energy Improvement Program (CEIP) is a 2-year pilot program that provides homeowners and organizations access to low cost financing to make energy efficiency upgrades or add renewable energy installations to their properties. The financing is then repaid by the property owner through the owner's property taxes.
CEIP is an innovative financing tool for property owners to fund energy efficiency and renewable energy upgrades that are repaid through property tax. The program will be administered by the Municipal Climate Change Action Centre (MCCAC) and will finance approximately 80 residential upgrades and retrofits and 20 commercial projects. If this is successful, the city’s next goal will be to recapitalize the program. Innovative solutions like CEIP help strengthen our local economy, protect the environment, and create a more low-carbon Edmonton.
Legislation to enable a Clean Energy Improvement Program (CEIP) became effective in Alberta on January 1, 2019. This program is similar to the Property Assessed Clean Energy (PACE) programs that can be found in other cities across Canada. The City of Edmonton hosted public engagement sessions in March 2019 to give opportunity for residents to help refine proposed elements of the program. The results of the engagement can be found in the What We Heard Report.
The City plans to advance the bylaw necessary for Opting-in and Borrowing, work with MCCAC to finalize all agreements and launch the program in early 2021.