Here are all the ways you can save money by making your home eco-friendly
The Canadian government has a number of programs in place to encourage homeowners to “green”-ify their homes and minimize our impact on the environment. If you’re a homeowner or plan to be one soon, you could be taking advantage of these incentives to put a little extra money in your pocket.
You help the environment and the government gives you money (or lets you keep some of your tax dollars) what’s not to love? It’s a win-win.
There are a lot of various programs across the country that you might be eligible for, so let’s break them down by region starting with the ones that are Canada-wide.
Green incentives available across Canada
These eco-programs are either offered through the federal government, or another organization and are available across Canada if you qualify.
The Greener Homes Grant is a federal grant for homeowners who put in specific renovations in their home including insulation, windows, doors, and heating systems. The grant is a rebate of up to $10,000 towards the cost of your renovations. There are more details on the government page but these grants are specifically incentivizing renovations that reduce energy use or increase your home’s efficiency, such as air sealing, insulation, replacing windows and doors or installing a heat pump.!
The GST/HST new housing rebate is a tax rebate available for buyers of new housing builds or substantially renovated homes from a builder. This rebate is only available if the home is your primary residence and the value of the home is less than $450,000. If you are eligible for this rebate you will receive back the federal portion of the tax paid for your home.
Green incentives in Ontario
Enbridge offers a rebate of up to $5,000 for certain home renovations increasing home “efficiency” such as winter-proofing your home. Unfortunately this program is ending in April of 2023
Green incentives in Alberta
The City of Banff offers an energy rebate for residents who make use of solar in their home.
The City of Canmore also offers a rebate for residential solar energy systems.
The City of Edmonton offers a rebate for residents who utilize a solar energy system in their home.
Green incentives in British Columbia
The provincial government in British Columbia offers various rebates for homeowners who do select renovations on their home including heat pumps, furnaces, boilers, and insulation. The rebate amount is up to $6,000.
Various municipal regions in British Columbia offer this program which includes incentives for new homes built to specific energy efficiency guidelines. You can view if your specific city supports the program here.
Green incentives in Manitoba
This program offers up to $12,000 in rebates towards new homes built to energy efficiency standards.
For a more complete list of eco-incentive in Canada, including transport programs like electric vehicle rebates, check out EnergyHub.org. Note that this list may be out of date so be sure to check whether the specific program is still applicable to your area.
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