Considerations of Equity in an Efficiency Financing Program
Published June 7, 2022
This research report identifies risks and barriers to the inclusion of low-to-moderate income households in energy efficiency loan programs. Loans for energy efficiency upgrades are increasingly being developed by municipalities as a way to achieve our climate goals through home energy retrofits, but they are not a one-size-fits-all solution.
This report was developed with the input of ten local organizations. Funded by the Federation of Canadian Municipalities and the Kitchener Waterloo Community Foundation, it identifies four pillars to developing an inclusive energy efficiency financing program: strong consumer protections, clearly defined late and default processes, reduced financial risk for participants and equity-based key performance indicators.
If you are interested to learning more: please contact Lisa Truong, Energy Programs Manager at [email protected]