In September 2022, the City and RDN were awarded up to $175,000 in funding from the Federation of Canadian Municipalities to support a home energy financing study for the Nanaimo Region. The project was launched in April 2023, and includes the following key tasks:
1. Energy and Emissions Inventory - An analysis of heating ventilation and air conditioning (HVAC) systems, energy use, and GHG emissions in existing low-density residential buildings in the region.
2. Building Type Analysis - An analysis of energy and carbon intensity and best path to reducing emissions and improving energy efficiency in terms of quick wins for between 5 to 10 building types. Buildings types will be based on building size, age, and number of units.
3. Barrier Identification - Identify financial and non-financial barriers discouraging or preventing homeowners from installing energy efficient and low-carbon upgrades, specific to the building archetypes identified and their neighbourhood contexts. Barriers will be considered through an equity lens.
4. Evaluate Financing Options - Identify financing options available for home energy and carbon reduction retrofits.
We are currently working on steps one and two.