Religious Buildings Initiative

Last updated: 28 March 2019
An audit is offered comparing the facility to other similar facilities, and a low-interest loan to assist customers in carrying out the recommendations identified in the building assessments.

All religious buildings are eligible to apply for Power Smart for Business programs. To qualify for financial incentives, each project must be pre-approved to any equipment or materials being purchased or installed.
Low-interest loan
Low-interest loan is offered to assist religious building customers with the cost of building assessments and the implementation of appropriate Power Smart energy improvements. The loan is offered at an annual interest rate of 5.5 per cent and is subject to change. The monthly payments are incorporated into the facility's energy bill.
· for facilities with combined annual natural gas and electricity bills of less than $10,000, the maximum amount of the loan will be $15,000 per facility;

· for facilities with combined annual natural gas and electricity bills exceeding $10,000, the maximum amount of the loan will be $30,000 per facility.

Financing information
Up to $15,000 is available without an energy audit, or up to $30,000 with an energy audit
· the minimum loan is $500;
· the maximum is 120 months (10 years);
· the minimum monthly payment is $15; 4- no down payment is required.

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End uses covered
  • Building end-uses
  • Building vintage
  • Existing buildings