QUEEN'S PARK, TORONTO, Feb. 1, 2012 /CNW/ - A diverse group of concerned
organizations and individuals has filed a request for review to the
Environmental Commissioner of Ontario the Ontario Environmental Bill of Rights to facilitate the use by municipalities of Local Improvement Charges in
a Property Assessed Payments for Energy Retrofits (PAPER) program to support energy saving retrofits in residential properties, in
order to meet provincial and municipal targets for reductions in energy
use and GHG emissions.
The background for this request primarily comprises three reports
published by the David Suzuki Foundation on a Property Assessed Payments for Energy Retrofits program, which would use a modified local improvement charges mechanism to
finance energy retrofits, reduce energy use and greenhouse gas
emissions, and save homeowners money on their energy bills.
"This kind of low-interest financing focuses on energy-saving retrofits,
and makes it easy for fiscally responsible homeowners to do
energy-saving retrofits because it is one-stop-shop," says the reports'
author (and EBR request for review signatory) Sonja Persram.
Broad interest in and support for the concept has been expressed by many
Ontario stakeholders, including the Association of Municipalities of
Ontario, as well as from groups such as the Toronto Real Estate Board
and Green Communities Canada.
For more information, see:
SOURCE Supporters of Property Assessed Payments for Energy Retrofits
For further information: