Commercial Property
Be more competitive. Reduce Your energy costs.
Finance up to 100% of energy efficiency and renewable energy projects on commercial property
Energy efficiency cuts your costs every month while solar electricity gives you the energy independence to insulate your business against price shocks. The only question is how to finance these upgrades. With the Clean Energy Improvement Program, you can start saving sooner than you think.
Where is this program available?
See if your municipality is participating in CEIP and learn how you can start making a difference for residential property in select Alberta municipalities.
How we help commercial property owners
The Clean Energy Improvement Program is a new, flexible way to finance energy efficiency and renewable energy upgrades. Repayment is made through your regular property tax bill and interest rates are competitive.
What’s more, the project financing is tied to the property, not the property owner. So you can save money now without worrying about what happens when you sell your property.
Plus:
- Finance up to 100% of eligible project costs.
- Enjoy long repayment terms (up to 20 years for some upgrades).
- Pay off the project’s balance at any time.
Competitive advantages
This program is Alberta’s version of property assessed clean energy (PACE) tailored for our province. Businesses can benefit from many advantages compared to traditional loans. The Clean Energy Improvement Program provides long-term financing that preserves working capital and increases property value and marketability.
Eligible commercial upgrades
Discover upgrades that can lower your utility bill and enhance your property’s value. Click the button below to review all eligible commercial upgrades.
Eligible participants
An applicant must be the current legal owner of an eligible property located in a participating municipality with an ownership and corresponding tax payment history of at least five consecutive years.
There are two eligible commercial property categories non-residential properties and farm land. Learn more about eligible participants by clicking the button below.