District of Chester
An investment in your home that pays for itself
You could be eligible for low-interest financing to help you cover the cost of your upgrades. You then pay the municipality back over time, but we’ll do the analysis to see if you can save as much or even more in energy and heating expenses than the cost of the retrofits! We’ll even make sure you get all the Efficiency Nova Scotia, SolarHomes, and Canada Greener Homes rebates you are eligible for.
What’s available here?
Financing Term: 10 years
Upgrades: Many options that save energy and reduce greenhouse gas emissions
Interest Rate: Scotiabank Prime Rate at the time the customer agreement is signed
Maximum Financing Amount: lesser of $40,000 or 15 per cent of the full assessed property value
Savings on energy bills to help pay for retrofits
Low monthly payments
Early repayments with no penalties
Eligible for provincial and federal rebates
Exclusive access to our new greenhouse gas reduction incentive
Financing through your property, not your personal credit
Apply for Clean Energy Financing
or call us toll-free at 1-844-727-7818
7 steps to cleaner energy in your home
> Your Home Energy Assessment will take 2-3 hours, depending on the size of your home. Homeowners cannot use wood or pellet stoves 24 hours prior to the home energy assessment.
> The Certified Energy Advisor will need full access to all areas and will perform a blower door fan test.
> Within two weeks, your EnerGuide label and homeowner report with recommendations for energy saving retrofits will be mailed or emailed to you.
What is Clean Energy Financing?
What is the Clean Energy Financing Program?
How does the program work?
Who is administering the program?
How can I get Clean Energy Financing?
What are the program eligibility criteria?
- they own a detached, semi-detached, or row house (multi-unit buildings are not eligible for the program);
- all of the property owners consent to participation in the program;
- the property has been in good standing with respect to municipal taxes, rates, or charges;
- the residence is in a participating municipality;
- note, Town of Amherst also require a credit check for each homeowner.
What types of clean energy upgrades qualify for the program?
Eligible clean energy upgrades include the following:
- Insulation for ceilings, floors, main walls, knee walls, foundation walls, foundation headers, foundation slabs, and crawlspaces
- Draft proofing including caulking, weather stripping, and duct sealing
- Exterior doors
- Exterior windows
- Domestic Hot Water Tanks
- Drain Water Heat Recovery Systems
- Heat Pumps
- Wood & Pellet Heating Systems
- Exhaust Ventilation
- Balanced Heat Recovery Ventilation
- Electric Vehicle Charging Stations*, ***
- Electric Thermal Storage (ETS) Systems*, ***
- Solar Hot Water Systems*
- Solar Hot Air Systems*
- Solar Photovoltaic Systems*
- Swimming Pool Heating & Circulation Systems*
- Well Pump**
- Supplementary work required to successfully complete the above listed upgrades. This may include but is not limited to removal of existing equipment or components, repairs and maintenance required, installation of vapour barriers and other water controls and freeze protection, testing and abatement of asbestos and vermiculite, and electrical upgrades
* These upgrades will require a supplementary assessment, in additional to a Home Energy Assessment, to determine if they meet the required savings-to-debt ratio.
** Only available to participants in District of Lunenburg and East Hants.
*** Not available in East Hants.
How does Clean Energy Financing work?
What is the 1:1 debt-to-savings ratio?
What are the financing interest rates and terms?
The Clean Energy Financing Program offers upgrade financing for a period of up to 10 years. This rate is fixed, and the municipalities will not negotiate different terms with homeowners. If a homeowner enters default, the interest rate will increase to the municipality’s tax arrears rate.
|Municipality||PACE interest rate||Default interest rate|
|Municipality of the District of Chester||Scotiabank Prime Rate at the time the customer agreement is signed||TBD|
Interest rates may be subject to change.
What is the maximum financing I can get through the program?
- Municipality of the District of Chester: lesser of $40,000 or 15 per cent of the full assessed property value
How do I apply?
How do I apply to participate in the program?
Where do I find the Clean Energy Financing Program documents and forms?
How do I book my Home Energy Assessment?
If you book an assessment through Clean Foundation, the cost is covered by your Clean Energy Financing program participation fee. Please see the information on program fees in question 13 for more information. If you book through another Service Organization, you will be responsible for paying an additional assessment fee of $199 (plus any applicable taxes) to them directly.
How should I prepare for the program?
What Program Fees will I incur?
A program participation fee of $650.00 is required to take part in the program. The program participation fee is non-refundable and will be included in your total financing amount.
In addition to the provincial and federal retrofit incentives you have access to through the Home Energy Assessment program, this $650 participation fee grants you access to low-cost financing, guidance from our team on what retrofits will be cost effective for your home, and ongoing support from our team of Energy Advisors and Technical Analysts.
This process is more in-depth than a typical home energy audit and requires our team to collect information beyond the scope of a standard assessment. This may include energy billing information, data from combustion analysis, zonal blower door test data, and/or additional photos and measurements of your home.
What if I enter the Clean Energy Financing Program but do not complete any clean energy upgrades?
If a homeowner exits the Clean Energy Financing Program early, they will be billed a reduced program participation fee of $250 by the municipality. The program fee will become payable 30 days upon exiting the program.
What if I’ve already had a Home Energy Assessment completed?
Who is responsible for getting quotes from contractors?
Is there a list of contractors who should complete the clean energy upgrades?
If you are unable to find a contractor who can do the work that you are interested in (for example, solar panels), please contact us. Unfortunately, the Clean Energy Financing program cannot finance the homeowner doing the work themselves.
Note: Neither Clean Foundation nor the municipality are responsible for the work quality of any contractors and assume no liability for the work undertaken.
What to expect during your Clean Energy Financing project
Who is responsible for paying the contractor?
However, where a homeowner has chosen to have additional work completed over and above the maximum financing amount, or an invoice exceeds the maximum approved financing limit, the homeowner will be responsible for paying the amount in excess of the maximum financing limit.
What if the quote from my contractor is greater than my approved financing amount? Can I still proceed with the work?
*Please Note: A suite of upgrades may only exceed the total financing amount by a maximum of $5,000 in most municipalities. One invoice can be partially financed as long as the total additional cost of all upgrades doesn’t exceed this $5,000 cap. The total amount financed will still be the pre-determined municipal maximum.
Clean will notify the affected contractor up-front so that they can issue a split invoice or Clean can arrange to make a down-payment on the invoice. It is the homeowner’s responsibility to pay the remainder of the invoice directly to the contractor.
Is there a deadline for completing the program?
If I’m not satisfied with my contractor’s work, who is responsible for making it right?
For this reason, it is strongly recommended that homeowners select contractors who are bonded, insured, and who offer warranties that are in keeping with the industry standard.
Am I required to receive consent from my mortgage lender?
How does my pace payment work?
Can I pay off my financing early?
Can I make a partial lump sum payment?
Can I change the terms of the financing once I have signed the Financing Agreement?
What is the effect of having Clean Energy Financing registered against my property?
The PACE By-Law provides the municipality with a method of enforcing the payment of financing owing by the homeowner as is authorized by section 81A(1) of the Municipal Government Act. Under section 81A(1)(d) of the Municipal Government Act, this charge is a first lien on the property until the charge is paid in full.
How will I pay the PACE costs that I incur?
After you send Clean the invoice for your last Clean Energy Upgrade you will be asked to make equal payments over a period of 10 years to repay the PACE Charge (i.e., upgrade costs, program fees, and interest accrued). In Chester, payments are made bi-annually. Depending on your municipality, payments will be made through either a pre-authorized payment plan set up through the municipality or post-dated cheques. The payment schedule will be made available through the municipality.
If you exit the program without completing Clean Energy Upgrades, any incurred program fees will be due 30 days after you exit. The date of your exit is based on confirmation of Property Owner exit, or end of program term. If these program fees are not paid within 30 days, interest will be accrued on the outstanding balance and payable at the same rate applied by the Municipality for unpaid taxes.
What happens if I sell my home before my payment term is up?
representing the outstanding balance of the Financing Charge plus accrued interest and any applicable late charges is received by the Municipality at the time of the sale.
District of Lunenburg: In the District of Lunenburg the CEF charge is non-transferable. If the property owner(s) decides to sell the property, a lump sum payment representing the outstanding balance of the CEF charge plus accrued interest and any applicable late charges must be received by the Municipality at the time of the sale.