The City of Charlottetown has received funding from the Federation of Canadian Municipalities to offer homeowners PACE (Property Assessed Clean Energy) loans for home energy upgrades. This funding is currently offered through the Switch Charlottetown program at 0% interest. The increasing uptake of this program makes it difficult to predict when government funds will be fully allocated to upgrade projects. As of today (May 31st), our best estimate is that funding at this interest rate will remain available for 8-10 months. Watch this space for bi-weekly updates.
November 23, 2022