Welcome to the forefront of sustainable living! The Canada Greener Homes is a transformative initiative empowering Canadians to enhance their residences’ energy efficiency using home energy rebates. **Get the most up-to-date information below directly from Greener Homes Program Federal Budget document.**
Canada Green Buildings Strategy
To address the twin challenges of energy affordability and climate change, the government will launch a Canada Green Buildings Strategy. The strategy will help lower home energy bills and reduce building emissions by supporting energy efficient retrofits. This represents an important next step in meeting Canada’s climate targets and helping Canadians save money on their energy bills.
Budget 2024 proposes to provide $903.5 million over six years, starting in 2024-25, to Natural Resources Canada as follows:
$800 million over five years, starting in 2025-26, to launch a new Canada Greener Homes Affordability Program that will support the direct installation of energy efficiency retrofits for Canadian households with low- to median-incomes. This program represents the next phase of the Canada Greener Homes Initiative and will be codelivered with provincial and territorial partners. It will also be complemented by CMHC’s Greener Homes Loan program, which provides interest-free loans of up to $40,000 for energy efficiency home retrofits.
$73.5 million over five years, starting in 2024-25, to renew and modernize existing energy efficiency programs that offer tools to building owners like the ISO 50001 Energy Management Systems Standard and the ENERGY STAR Portfolio Manager. This funding will also spur the development of better, more ambitious building codes to further reduce emissions and lower energy bills. The federal government will encourage provinces and territories to adopt these top-tier building codes.
$30 million over five years, starting in 2024-25, to continue developing a national approach to home energy labelling, which will empower prospective home buyers with information about the energy efficiency of their new home, with the support of energy auditors.
Natural Resources Canada will announce further details on the Canada Green Buildings Strategy in the coming weeks.
Canada Greener Homes Loan
The Canada Greener Homes Loan provides interest-free loans of up to $40,000 with a maximum 10-year term, offering Canadians the opportunity to enhance the energy efficiency and comfort of their homes. This financing option is designed to assist homeowners in implementing significant retrofits recommended by their energy advisor, enabling them to make impactful improvements with financial support.
Home Winterproofing Program
Receive FREE insulation, draft proofing, and thermostat upgrades for eligible households in need. This program aims to lower your natural gas bill and improve home comfort. If your home and household income meet the criteria, you can benefit from these upgrades, potentially reducing energy costs by up to 30%.
Energy Affordability Program
Get FREE appliance upgrades to help you save on electricity bills, available for income-eligible households. This program offers tailored energy-saving upgrades designed to suit your home’s specific needs, all at no cost to you. Enjoy a more energy-efficient home, leading to increased comfort and savings in your wallet.
Oil to Heat Pump Affordability Program
Introducing the Oil to Heat Pump Affordability Program, offering UP TO $10,000 in rebates for households transitioning from oil to heat pumps. Available for income-eligible homeowners, this initiative supports the switch to electric cold climate air source heat pumps. By making this transition, you can potentially save thousands of dollars on annual heating bills while contributing to the reduction of greenhouse gas emissions.
Our Retrofit Experts Can Help With Your Next Home Upgrade
From Guelph to London, you’ll find our team members at Hy-Mark helping our friends and neighbors with their home upgrades. You can count on our technicians to exemplify the Hy-Mark Core Values. Our technicians will treat you and your property with respect. We take pride in our workmanship.
You can expect our technicians to show up on time for your appointment. We’ll have the right tools for the job, and we’ll complete the job with efficiency and quality. Our technicians will listen to your concerns and communicate with you during the appointment.
All of our employees prioritize health and safety. We hold ourselves to the highest safety standards. Every employee undergoes extensive training in health and safety standards through our industry-leading training program. We also participate in continuous professional development through the Infrastructure Health and Safety Association.
Our customers all over Ontario rely on us for fast, friendly service. When the job is complete, our technicians will ensure that your property is neat and clean. We also keep up to date about the latest home energy rebates, so you can count on us to inform you of potential savings opportunities.
If you’d like to take advantage of the Home Energy Rebates in Ontario, contact the team at Hy-Mark to schedule your service.