Home Energy Efficiency Program (FALL 2024 INTAKE)

The City of Peterborough is accelerating climate action by targeting energy inefficiency in residential buildings by establishing the Home Energy Efficiency Program (HEEP). Low-rise residential buildings in Peterborough that are owner-occupied or rental properties are eligible to join the HEEP. To provide financial flexibility, the HEEP will use an innovative financing mechanism by offering two different loan streams to participants:

• traditional Property Assessed Clean Energy (PACE)/ Local Improvement Charge (LIC) model via property taxes OR
• unsecured loan provided directly from a partnering financial institution. 

Energy conservation measures that the HEEP will finance include:

• air sealing and insulation
• new windows and doors
• air source heat pumps and hybrid air source heat pumps
• solar panels and household energy storage

The HEEP will also finance non-energy-related work like adaptation measures around the property, home electric vehicle chargers, and cosmetic renovations that can total a maximum of 30% of the loan value.

An Emergency Heating Equipment Replacement stream will accelerate participants' accessing rapid funding to replace broken space and water heating equipment with a low-emission option.

The HEEP will be operated by a third-party organization with an Energy Coach available to answer questions and guide participants through the customer journey.

The HEEP is anticipated to launch community-wide in Fall 2024.

To receive program updates, please sign up by selecting Stay Informed at the top right side of this page.