Financing programs offer low interest loans to homeowners to undertake specific energy efficiency upgrades in their homes. They are an important tool for achieving our climate goals through residential home retrofits by reducing greenhouse gasses, household energy costs, and energy use. Yet while LMI households are in some ways the most appropriate candidates due to higher bills and more inefficient housing, the barriers and risks of their participation are numerous.

Reep Green Solutions asked Kambo Energy Group to analyze potential equity impacts of an efficiency financing program in Waterloo Region and offer recommendations that ensure Low and Moderate Income (LMI) households are protected and included in the program appropriately.