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Energy-efficient home retrofit program could be running by August

Article content Saskatoon homeowners could be able to begin applying for city-funded loans to cover the cost of energy-efficient home upgrades and retrofits as early as late summer. We apologize, but this video has failed to load. Try refreshing your browser. Energy-efficient home retrofit program could be running by August Back to video If approved by city council later this month, the program which will provide loans of up to $60,000, repayable through property taxes over terms as long as 20 years could be up and running by August, the committee heard. Coun. Sarina Gersher, who chairs the committee, said the program will reduce greenhouse gas emissions and create jobs without creating up-front costs for residential property owners, who will realize “tangible” savings on utility bills.

City committee to mull low-cost loans to make Saskatoon homes more energy-efficient

  SASKATOON Saskatoon city administration is proposing a loan program that will allow homeowners to make their properties more energy-efficient. “It’s a unique program – loans provided from the City are attached to the property being retrofitted or renovated and would be paid back through the homeowners’ property taxes,” Jeanna South, director of sustainability, said in a news release. “The loans are attached to the property and not the person, so the loan can be passed from one homeowner to the next if the property is sold.” The proposed Home Energy Loan Program (HELP) will be presented to the Standing Policy Committee on Environment, Utilities, and Corporate Services on Monday.

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