Green Incentives
Grants, Loans, Rebates and Incentives
There are upfront costs when installing a home solar power system. Grants, incentive programs and micro-generation credits can help balance this initial investment over time.
We have prepared a list of available grants, loans, and other incentives from the Municipal to Federal level that help offset the costs associated with going green.
We will continue to update the program information as we become aware of additions and changes.
Federal Programs
Greener Homes Grant
The Federal Government’s Canada Greener Homes Program provided a rebate of $1,000/kW up to a maximum of $5,000 to help cover the cost of an average-sized solar PV system.
The Canada Greener Homes Grant is no longer accepting new applicants, but more details on the next phase of the Canada Greener Homes Initiative are expected in the near future.
Homeowners must apply for this incentive program and will be required to have an external company come in and perform an energy assessment. The baseline energy assessment for the home must be obtained before installation. To get the grant, another energy assessment is performed after the installation has been completed to confirm the home’s energy efficiency improvement. The assessments typically cost between $700 and $1,000, reimbursable as part of the grant after completing the improvements.
Keep checking the Canada Greener Homes Initiative website frequently to keep up to date with the latest news on the next round of grants.
Greener Homes Loan
Like the Greener Homes Grant, The Canada Greener Homes Loan offers a 10-year interest-free personal loan of up to $40,000 to help Canadians install solar PV or other upgrades recommended in the pre-retrofit energy assessment.
As with the Greener Home Grant, you must undergo a baseline energy assessment. The maximum eligible loan amount is calculated based on the retrofits selected in the application and capped based on industry standards and market norms. Once approved, a portion of the loan can be delivered up front to assist in paying any deposits required by your contractor. The loan balance will be delivered after the retrofits have been completed and verified through a post-retrofit evaluation.
Provincial Programs
The Clean Energy Improvement Program (CEIP)
The Clean Energy Improvement Program (CEIP) allows homeowners to tie the cost of Solar PV installations to the property through their property taxes instead of being financed directly by the owner. If the property is sold, the new owner can assume the repayment easily through the annual property tax bill.
CEIP funding requires a pre and post-retrofit energy assessment in the same way as the Greener Homes Grant.
The Clean Energy Improvement Program offers competitive rates with long repayment terms available (up to 20 years, depending on the municipality and project type) and can be repaid in full at any time.
The financing limit determined in the CEIP regulation is $50,000 for residential projects, $1 million for commercial projects, and three hundred thousand for farmland projects.
The program details and interest rates are specific to each municipality.
The Details for Calgary CEIP Program can be found below:
Calgary’s Clean Energy Improvement Program (CEIP)
- Financing for up to 100% of project costs.
- Competitive interest rates (rate for 2024 is 3.25%).
- Long repayment terms (up to 20 years).
- The option to repay in full at any time without penalty.
- An incentive of up to 10% of total project costs.
- Repayment is collected through your property tax bill.
Calgary CEIP will be open to pre-qualification at various points throughout 2024, depending on funding availability after the initial application intake. The interest rate for pre-qualification applications received in 2024 is 3.25%. Pre-qualification applications received in 2023 will remain at the 2023 interest rate of 2.95%. The interest rate is fixed and will not change for the duration of the payment term.
Over $4.8 million has been committed to projects under construction over various upgrades, including solar PV installations, HVAC and water heating improvements, insulation, and new windows and doors.
Seniors Home Adaptation and Repair Program (SHARP)
Low-interest home equity loans can cover a range of home adaptations and renovations to help seniors make energy-efficiency improvements.
A program that enables seniors to apply for a low-interest home equity loan with the Government of Alberta to cover repairs, adaptations, and renovations to their primary residence.
Municipal Programs
Home Upgrades Program
The Home Upgrades Program offers free energy-efficiency home upgrades based on a household’s unique needs and is designed to support Albertan residents who live in energy-inefficient homes but don’t have the financial ability to install upgrades that will reduce their energy bills. Eligibility is based on the total number of people in the home and total household income.
Municipalities that qualify for this program include Calgary, Canmore, and Edmonton.
Town of Banff Solar PV Rebate
A rebate of $0.75/Watt for solar PV between 2 kW and 20 kW for home and commercial property owners in Banff. Eligible participants should install solar panels and then submit documentation to the Town of Banff demonstrating that the solar PV system has been installed and is generating renewable electricity. This program does not require energy assessments.
City of Medicine Hat: HAT Smart New Homes Incentive Program
HAT Smart will rebate up to $10,000 based on the level of energy savings achieved beyond a ‘typical new home’ – that is, one built to the current energy code.
Applicants must receive a City of Medicine Hat residential Electric and/or Natural Gas utility statement for the Project address in their name
The EnerGuide evaluation must be obtained under the ERS v.15 rating system by a certified energy advisor and the final evaluation must be completed between January 1 and December 31, 2024.