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January 23, 2024
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Incentives and Rebates to Green Your Home in 2024
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| Improvement | Incentive | Requirements | Provider |
|---|---|---|---|
Discontinued |  | ||
| Basement Flooding Protection | Up to $3,400 | Eligible work includes installing a backwater valve, a sump pump, severance and capping of a home’s storm sewer, or external weeping tile connection. | Basement Flooding Protection Subsidy Program / City of Toronto |
| Canada Greener Homes Loan | Up to $40,000 (maximum) Up to $5,000 (minimum) | Offers interest-free financing to help homeowners complete the energy retrofits an energy advisor recommends. | Canada Greener Homes Loan |
| Green/Cool Roofs | Up to $2 to $5/m2 for a cool roof (to a maximum of $50,000) or $100/m2 for a green roof (to a maximum of $100,000) | Grants are available to support the installation of green and cool roofs on residential homes. A green or cool roof can reduce a home’s energy use, retain stormwater and more. | Eco-Roof Incentive Program / City of Toronto |
| Heat Pumps | Up to $2,500 | Home Energy Loan Program participants can receive funds when they install a heat pump. | Home Energy Loan Program/City of Toronto |
Discontinued | Up to $7,800 | | |
| Home Assistance Program | Free | If eligible, you can receive the following free of charge: ENERGY STAR® light bulbs (LED), power bars with timers, efficiency showerheads (standard and handheld), or aerators (kitchen and bathroom). | Save on Energy |
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Home Energy Loan Program
| Up to $125,000
| Offers a low-interest loan, which can be repaid any time without penalty, from the City of Toronto to cover the cost of home energy improvements. Eligible improvements include energy-efficient furnaces, windows, doors, solar PV panels, insulation, etc. Participants may use this program in conjunction with other rebates and incentive offerings. | Home Energy Loan Program/City of Toronto
|
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| Insulation (for natural gas customers) | Free | If participants qualify, they can receive new insulation and draft proofing installed by experienced professionals at no cost. To qualify, a home must be heated by natural gas, and the homeowner must fall into one of the eligible household income brackets. | Enbridge Home Winterproofing Program |
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Discontinued | |||
| Solar PV | $1,000 | Home Energy Loan Program participants can receive funds when they install solar PV. | Home Energy Loan Program/City of Toronto |
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Full details can be found here:
At OPC Group, we’re not just renovating homes; we’re elevating lifestyles and making this world a better place to live. Our commitment to the environment and sustainability makes us the best choice for your home renovation in Toronto. Don’t just keep up with the trends – set them with OPC Group by your side.
Ready to transform your home into a masterpiece of modern eco-friendly living? Contact OPC Group today, and let’s turn the home of your dreams into a reality. Request an Energy Audit quote now and join the ranks of Toronto homeowners who choose nothing but the best.
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Your Vision, Our Blueprint: Home Additions & Renovations
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