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Alberta NDP promises interest-free loans for environment-friendly upgrades

NDP party leader Rachel Notley promises interest-free loans for environment-friendly upgrades if elected, Wednesday, April 22, 2015. Tom Vernon, Global News

EDMONTON – Alberta’s NDP is pitching a plan to help homeowners and businesses go green.

Party Leader Rachel Notley says if her party wins government in the May 5 election, it would bring in a program of interest-free loans for environmental upgrades.

READ MORE: Alberta NDP’s Notley promises to spend $10M to revive student summer job program

Home and business owners would be able to access up to $10,000 for upgrades such as solar panels, windows and energy efficient furnaces.

Notley says an NDP government would spend $5 million a year on the program, which is modelled on one in Nova Scotia.

READ MORE: Alberta NDP promises to reduce class sizes, create school lunch program

She says the province would work out deals with lenders to pay the interest and administration costs.

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