If you're confused by the ever-changing landscape of home energy incentives ā youāre not alone!Ā The Ontario government has launched another initiative, the Home Renovations Savings Program. This new program offers rebates on a wide range of home upgrades, making it more affordable to create a comfortable, sustainable home.
Home Renovations Savings Program: What You Need to KnowĀ
When does it launch?Ā January 28th, 2025.Ā Ā Ā
Who can apply?Ā Ontario homeowners.Ā
What's included? Good news, solar panels are included! Upgrades are split into two categories, the first list you have to do at least two upgrades and get an Energuide Audit to be eligible for the rebate. The second, are stand-alone upgrades, nothing else and no Audit required to get the rebate. That's great news for homeowners who only want a Heat Pump!
Bundle Upgrades:Ā Ā
Choose two upgrades from this list, and complete an Energuide Audit to be eligible for the rebate.
Insulation: This includes attic, basement, and exterior walls to receiveĀ up to $8,900Ā
Windows and doors: Install energy-efficient windows and doors and receive $100 per door and windowĀ
Air sealing: Reduce those drafts and receive up to $250Ā Ā Ā
Heat Pump Water Heater: Install a qualified water heater and get $500 backĀ
Stand-aloneĀ Upgrades:Ā Ā
Cold Climate Air Source Heat Pump: Upgrade your heating and get upĀ to $7,500 depending on the size of heat pump installedĀ
GroundĀ Source Heat Pump:Ā Ā If you've got the space, receive upĀ to $12,000Ā
Smart Thermostat:Ā Control your home temperature and receive $75 backĀ Ā Ā
Solar panels and battery storage:Ā up to $10,000Ā
How will it work?Ā
The bundled option will require an energy assessment, but the stand-alone items will not. We're waiting for more information on the specifics of the program. More details are expected in the coming weeks. Sign up for the Homes to Zero newsletter to get updates.
Other Programs and Rebates
Enbridge HER+: up to $5,000 in rebates: It is expected that the new program will replace the Home Efficiency Rebate Plus program. | |
Canada Greener Homes Loan:Ā $40,000 at 0% interest for energy efficiency upgrades: In the Fall Economic Statement, the government announced it will increase funding for interest-free loans through this program.Ā | |
Canada Greener Homes Affordability Program:Ā No cost retrofits for low-to median-income homeowners and renters announced in 2024. The government is relying on provincial partners to deliver the programs starting mid-2025.Ā | |
City of Toronto HELP:Ā up to $125,000 loan at low interest rates plus rebates for heat pumps, solar and $10k for Deep Energy Retrofits.Ā This program was previously stackable on other programs ā we hope this will continue.Ā | |
City of Ottawa BHOLP: Ā Better Homes Ottawa Loan program offering up to $125,000 with low and no interest depending on income with rebates for heat pumps. This program was previously stackable with provincial programs. |
With so many options and incentives, knowing where to begin can be tricky. That's where Homes to Zero comes in. As your partner in navigating your home's journey to Net Zero, we ensure you maximize rebates and achieve your home comfort and cost-saving goals. Our experts will guide you every step of the way, from understanding the fine print to selecting the perfect upgrades for your home. We'll handle the details so you can focus on enjoying a more comfortable, energy-efficient home.
Ready to unlock the full potential of the Home Renovation Savings Program? Get Rebate-Ready with a Free Quote!Ā Let Homes to Zero help you turn your dream home into a reality.
Get in Touch Today!Ā
Contact us today for a free consultation and no obligation quote. Let's get your home ready for these amazing rebates!
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