The Government of Yukon is launching the Better Buildings program to help Yukoners throughout the territory make energy efficient retrofits to their homes and businesses.
The Better Buildings program will provide loans of up to $50,000 for residential and $100,000 for commercial buildings for upgrades that reduce annual energy consumption. Loans provided under the Better Buildings program are offered at the Bank of Canada interest rate, the lowest interest rate available in the country. Participants repay the loans through local improvement charges added to their annual property taxes.
Property owners in participating municipalities and rural property owners located outside of municipal boundaries are eligible to apply. The Village of Haines Junction is the first municipality to sign the Better Buildings program agreement. The Town of Watson Lake and the City of Whitehorse have both committed their support of the program.
Supporting Yukoners to make energy efficient retrofits to buildings and homes is a commitment under Our Clean Future: A Yukon strategy for climate change, energy and a green economy.