Important Update on the Canada Greener Homes Initiative.
Homeowners undertaking energy-efficient retrofits can still apply for an interest-free Greener Homes Loan of up to $40,000 from the Canada Mortgage and Housing Corporation (CMHC). If your windows or doors are due for a change, NOW’S THE TIME to replace them. The Canada Greener Homes Initiative offers significant financial incentives to cover your home improvement costs. We’re here to help you get the most of it, so you can:
- Save more energy and money
- Increase your home’s resale value
- Reduce your home’s carbon footprint
Maximize Your Return on Investment in New Windows
Our RevoCell® windows are certified ENERGY STAR® 2024 Most Efficient, even in double-pane configuration. In triple-pane, their performance has yet to be matched. Priced competitively, on par with regular windows, they also qualify for the maximum amount redeemable under the existing financial incentives, so you can get more of your hard-earned money back.
What is the Canada Greener Homes Initiative?
The Canada Greener Homes Initiative is a program from the federal government aimed at raising the energy efficiency of residential buildings, reducing greenhouse emissions, and stimulating the growth of a greener economy. It offers financial incentives for homeowners to help undertake home improvements to make them more energy-efficient and resilient in face of extreme weather. The Initiative is comprised of a Canada Greener Homes Grant of up to $5,000, and an interest-free Canada Greener Homes Loan of up to $40,000. Both the Grant and the Loan are conditional on performing an EnerGuide home evaluation with a NRCan approved energy advisor. An extra of up to $600 towards the cost of the energy assessment is also available.
Interest-free Loan of up to $40,000
Still available!
Homeowners participating in the Canada Greener Homes Grant, including through the Home Efficiency Rebate Plus (HER+), also qualify for an interest-free Canada Greener Homes Loan of up to $40,000. The Loan is issued by the Canada Mortgage and Housing Corporation (CMHC) and payable over a 10-year period. The Loan also allows for an advance payment of up to 15%, making it easier for homeowners to sign with contractors most of whom require a deposit.
Home improvements can get costly, but should be done right. Access to financing allows homeowners to undertake larger projects, which brings economies of scale. When you factor in inflation, interest-free loans mean extra savings down the road. And when that money comes from the government, you’re using your own tax money. This is an incredible opportunity.
Greener Homes Grant: up to $5,000 back
As of January 19, 2024, the Canada's Greener Homes Grant program has been paused.
Announced in 2020 and launched in 2021, the Greener Homes Grant reimburses up to $5000 for qualifying retrofits. The grant is conditional on performing an EnerGuide home assessment, and also covers an extra of up to $600 for it. Qualifying retrofits should be recommended by the advisor to make residences more energy-efficient, and can include windows and doors, home insulation, heating equipment, and renewable energy. Other upgrades like resiliency measures, air sealing, and programmable thermostats are also covered, albeit to a lesser extent.
Home Efficiency Rebate Plus: now, up to $10,000 back!
As of January 19, 2024, the HER+ program has been paused.
As of 2023, the Canada Greener Homes Grant is implemented in Ontario by Enbridge Gas, whose Home Efficiency Rebate (HER) was expanded to the Home Efficiency Rebate Plus (HER+) program. Under the new program, the maximum redeemable amount for Enbridge Gas customers went up from $250 to $325 per qualifying window, and the maximum total increased from $5,000 to $10,000. That’s great news for those looking to undertake more extensive home improvements.
FAQs
Need more info on the Greener Homes Initiative? Check out some frequently asked questions: