Okay.
First, allow me to give a nod to your Conservative Party colleague regarding the question he asked earlier.
I want to mention that in our community efficiency financing program, we're looking at the results that have been achieved, and they're being verified. We're calculating them.
Regarding our community efficiency program at the green municipal fund, you were talking about how we are measuring results and what kind of savings households could realize. We calculated the results that have been achieved, and the anticipated result—it's built into our program—is approximately a 30% average household energy cost saving when using our municipal programs.
Also, we're verifying the pre and post retrofit energy guide assessments done by registered energy advisers. Municipalities also provide annual reporting for their programs on loan portfolios and program performance, and at the end, we have an independent third party evaluation that validates results and program outcomes.
For example, a better homes Kingston evaluation found an average 66% reduction of GHGs per home, and 36% of participants would not have retrofitted their homes without the program.
I wanted to give you an example of how we calculate the results within our program and have them verified.
To answer your question, Mr. St‑Pierre, regarding the PACE funding model, it is really a key element of our FIME program. It is one of the financial measures people can use to make home energy-efficient retrofits.
However, it's important to know that there are other financial models that may also work. As we know, we can't have a one-size-fits-all model, but we have noted a lot of interest for PACE-type programs. When municipalities launch such a program, all the spots are often taken as early as the first morning. The results speak for themselves.
We are also creating an ecosystem for entrepreneurs to help municipalities develop their internal capacity. It is not just a matter of providing the funds, that is to say the loan itself, which is drawn out over time and linked to the property, and which evens out the cost and reduces the risk. It's also about creating a market and having credible sources of information for citizens, so they don't have to figure out for themselves how to disentangle all the offers that are in front of them. Support is provided. It also creates internal stability, by not just turning to programs that follow certain cycles.