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June 25, 2024BC Retrofit Accelerator Launches to Kick-Start Energy Upgrades and Climate Action in BC Buildings
The BC Retrofit Accelerator will assist owners and managers of commercial and residential properties—including strata councils—to make energy and climate upgrades, benefiting owners and tenants
Today the Zero Emissions Innovation Centre (ZEIC) launched the BC Retrofit Accelerator (BCRA), a three-year $20 million program aimed at kick-starting climate and energy upgrades across hundreds of the province’s commercial and residential buildings.
With funding from Natural Resources Canada, the Ronald S. Roadburg Foundation, Metro Vancouver, ZEIC, and others contributors, the BCRA will provide hands-on guidance to the owners and managers of larger commercial and residential properties—including strata-owned, rental, non-market, and off-reserve Indigenous housing.
The Big Idea: Decarbonization Plans for 500 Large Buildings and 125 Deep Energy Retrofits
Over the next three years, the BCRA aims to deliver decarbonization plans for 500 large existing buildings, each showing a path to zero emissions by 2050 aligned with major capital renewals. The program will provide expert coaching for all stages of a retrofit project: such as identifying technology and financing options and support through procurement and implementation. By navigating building owners and managers through the upgrade process, the BCRA aims to spark deep energy retrofits—including the installation of heat pumps or distributed renewable energy systems—in 125 larger properties across the province.
Tackling Barriers Head On by Supporting Building Owners and Managers—Including Strata Councils
Many property owners and managers, including strata councils, want to upgrade and decarbonize their buildings by transitioning to all-electric heating, cooling, ventilation, or water heating. But they grapple with a range of barriers, including low awareness, complexity, and challenges in sourcing financing. This comes at a time where the need for cooling has become a priority due to intensifying heat waves and degraded air quality.
Accelerating a Retrofit Market Transformation
ZEIC’s BC Retrofit Accelerator is teaming up with 15 public, private, and non-profit partners to target and lower those barriers. The BCRA will work to lower barriers to efficient, resilient, and low- and zero-carbon existing buildings while helping grow the industry’s capacity to deliver them. It will also support the development of a capable workforce and advance data and research.
The BCRA support aligns and connects with BC Hydro programs, such as the recently launched MURB Retrofit Program in partnership with the Province, Solar & Battery Program, and other offers to support multi-family buildings.
By supporting deep energy retrofits in buildings, the BCRA will support progress on local, regional, and provincial climate targets.
Visit zeic.ca/retrofitaccelerator for more information or to enrol.