Clean Energy Financing

Clean Energy Financing now available
Many homeowners are feeling the pinch of power bills and with help from the Town of Bridgewater and Clean Foundation, you can increase the comfort of your home and enjoy some immediate savings.

Clean Energy Financing helps homeowners in Bridgewater install clean energy upgrades with all up-front costs paid by the Town with re-payments specifically designed to cost less than your new energy savings – which means, your savings cover the cost of your financing.

Increasing the comfort of your home and saving money are great incentives but this also works as a starting point for residents who are ready to take their first significant steps towards a clean energy future, something our entire community will be working towards over the next 30 years as part of our community’s energy shift.

Clean Energy Financing is a great way to start your household energy shift because it begins with a detailed home energy assessment and a customized list of upgrades, unique to your home, like new windows, doors, insulation, heat pumps and solar panels. With heating and cooling as your biggest energy costs, even small changes can deliver big returns on thermal comfort.

Clean Energy Financing works by attaching up to $20,000 of upgrades to your home, with monthly repayments made to the Town. With up to ten years to spread out the payments, you can top-up or pay off the financing at any time without penalty and if you sell your home, the remaining dues can be transferred to the new homeowner.

Eligible clean energy upgrades include, but are not limited to, the following:

• Insulation for ceilings, floors, main walls, kneewalls, 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*
• 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.

About the Clean Energy Financing Program

The Clean Energy Financing Program is administered by highly qualified energy professionals at the Clean Foundation, which also administers the same program for several other Municipalities in Nova Scotia. Through the Clean Energy Financing program, the four municipalities are leading the way in energy efficiency in the province. This program helps residents to reduce the long-term costs associated with energy, especially heating and cooling as these are a home’s largest energy costs.


Additional Resources

The Town of Bridgewater's Energize Bridgewater project is working to help tenants, landlords, developers and homeowners in Bridgewater take charge of their monthly energy bills. We have complied resources to help you save money and reduce energy consumption. Learn more on the Energize Bridgewater website: https://www.energizebridgewater.ca/resources.

Questions?

Any homeowner can contact Clean Foundation for more information or to receive an application:  www.CleanEnergyFinancing.ca or call toll-free to 1-844-727-7818.  Read the informative Frequently Asked Questions to learn more.