What type(s) of retrofits can be financed?

On-bill financing can be used for any energy efficiency retrofits that are eligible for rebates, with the addition of water conservation type toilets. Other items and costs that provide a positive energy or water reduction may be determined by the EcoSave Program Manager and may be considered eligible for on-bill financing. For more information, please contact the EcoSave Program Manager at 250-352-8278.

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1. What is on-bill financing?
2. Who can apply for on-bill financing?
3. What are the loan details?
4. What type(s) of retrofits can be financed?
5. Is it mandatory to apply for on-bill financing as a Participant in the EcoSave program?
6. What happens if the house sells before the on-bill financing loan is paid off?
7. Can the loan be paid in part or whole before the end of the term?
8. Who pays the contractor?
9. Can the Participant complete the work?
10. Can both a contractor and a Participant complete the work?
11. Can there be more than one contractor?
12. How is the credit approval determined?
13. What happens if there is a default on the loan?
14. Is there a time limit on completing the retrofits in order to qualify for on-bill financing?
15. Do I have to complete a home energy evaluation in order to apply for on-bill financing?
16. How do I apply?