Study: Assess options for a local home-energy upgrade financing program
Explore and assess options for a financing program for home energy upgrades within your community. Support project decision making with a feasibility study.
COMMUNITY EFFICIENCY FINANCING
Funding Snapshot
Grants of up to $175,000 to cover up to 80% of eligible costs.
All Canadian municipal governments; Municipal partners applying in partnership with a municipal government.
The following entities are not eligible to receive funds directly:
Homeowners
Federal government entities and any organizations established by those entities
Provincial and territorial government entities and any corporation that they own or control
Applications are accepted year round, though this offer will close when all funding has been allocated.
See the application guide for a list of eligible costs.
Explore and assess options for a financing program for home energy upgrades that can achieve triple-bottom-line benefits within your community.
Your study should include one or more of the following elements:
- A baseline assessment of a community’s housing stock and energy upgrade potential, including:
- Assessing building types, energy use profiles and opportunities for energy upgrades to support GHG emissions reductions
- Assessing the potential uptake for energy efficiency and renewable energy in terms of the number of anticipated projects and level of investment required
- Projecting the local benefits that could be achieved from energy upgrades (e.g., energy cost savings for residents, energy and GHG reductions, water savings, etc.)
- An analysis of how financing may address:
- Homeowner barriers to energy efficiency and renewable energy upgrades (e.g., high upfront cost, split incentives, information gaps)
- Homeowner barriers to participation in existing efficiency programs, such as those offered by a utility company or regional efficiency agency
- An evaluation of available financing models within the context of municipal law, including the feasibility of establishing PACE-enabling legislation, or another innovative financing instrument, in a given province or territory
- Engagement with key municipal and external stakeholders on shared goals for a local program
Multiple municipalities and partners are encouraged to collaborate on regional opportunities, where appropriate.
For full details, please read our application guide.
Prerequisites
A community energy, sustainability or climate action plan, or similar, that identifies energy efficiency and renewable energy in the residential sector as a priority area for action.
Notes
Feasibility studies (or equivalent) are a prerequisite when applying for capital project funding.
Funding is subject to availability. We reserve the right to make changes to eligibility criteria and the types of projects funded through this offer.
How to Apply
- Review the application guide. Make sure to look at the eligibility criteria and required document sections.
- Visit the FCM funding portal to create your profile and request a PIN to access the system. Already have an FCM funding portal profile? Skip to Step 3.
- Complete the pre-application form available on the FCM funding portal.
- Submit the form to GMF following the instructions in the application guide. Applicants will receive a response within 15 business days of receipt of the initial proposal.
- Eligible projects will be invited to submit a full application.
If you are not eligible to apply, sign up for our e-newsletter to stay informed about other funding opportunities.
Need help to see if this is the right funding for you?
Contact our Outreach team who can answer any questions you have relating to this funding opportunity.
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