Transition Salt Spring Enterprise Co-op is offering Climate Action Loans to homeowners for projects that help address climate change and adapt to its effects. Currently we are offering loans up to $5,000 from 3.5% interest for the following:
- Water storage tanks to store water in winter for use in the summer drought season. Loan amount is 50 cents per gallon of storage, up to $5,000.
- Air source heat pumps to save energy and lower heating costs. Loan amount is for half the cost of the equipment, excluding installation and taxes, up to $5,000.
- Solar PV systems to reduce electricity bills and generate local renewable energy. Loan amount is for half the cost of the equipment, excluding installation and taxes, up to $5,000.
- Home EV charging stations to switch from fossil fuel vehicles to climate-friendly electric vehicles. Loan amount is for half the total installation cost, excluding taxes, up to $2,000.
Loans will be issued to qualified applicants on a first-come basis until funds run out.
If your project meets some of the above criteria, TSSEC may be able to support your proposal.
PLEASE CONTACT US!
e-mail: TSSenterpriseCoop@gmail.com
phone: 250-537-2616
https://transitionsaltspring.com/enterprise-co-op