Many Newfoundlanders and Labradorians have taken to renovating their homes during the pandemic, and now the federal government is giving homeowners a reason to make those upgrades energy efficient.
Government will spend $2.6-billion over the next seven years on the Canada Greener Homes Project which will give up to 700,000 homeowners across the country rebates on home upgrades.
Climate action starts at home. Today, Prime Minister Justin Trudeau launched the new Canada Greener Homes Grant to help Canadian homeowners improve the energy efficiency of their homes and reduce their energy bills. Learn more: https://t.co/NMozripqBG pic.twitter.com/uXN9QJj7TN
— CanadianPM (@CanadianPM) May 27, 2021
Homeowners will be able to receive grants of up to $5,000 to make energy-efficient retrofits to their primary home, and up to $600 to help with the cost of a home energy evaluation to get the process started.
Natural Resources Minister Seamus O’Regan says there are a number of retrofits that make homeowners eligible for the rebate.
O’Regan says huge savings can be realized when people replace windows and doors, add insulation, seal air leaks, and improve their heating and cooling systems using new heat pumps or by purchasing renewable energy systems like solar panels.
He says not only does the program result in significant savings on power bills and increase the value of your home, it means more opportunities for local employment.