The Town of Drayton Valley is working with Alberta Municipalities to bring the Clean Energy Improvement Program (CEIP) to property owners in Drayton Valley.
The Clean Energy Improvement Program is described as a financing tool that offers flexible financing to residential property owners in Alberta to help with the upfront costs of energy efficiency and renewable energy upgrades. Officials say property owners can finance up to 100 per cent of these projects.
Eligible upgrades include:
- Heating, Ventilation and Air Conditioning
- Renewable Energy, Solar PV and Thermal
- Water Heating
Officials note that CEIP financing is attached to the property, not the property owner. Should a property owner choose to sell, they will have the option to either repay the balance without penalty or disclose the transfer balance to the new owner who will take on the repayments.
Any residents interested in the CEIP are encouraged to read the Terms and Conditions before starting the four-step application process.
More information including application forms can be found on the CEIP section of the Town of Drayton Valley website.
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