ONTARIO - A new energy efficiency program called the Home Renovation Savings Program, is being promised by the Ontario government to get more energy-efficient objects in homes.
The programs are part of a new $10.9 billion, 12-year effort, the largest in Canadian history, says a news release.
“As the demand for electricity continues to rise, we’re giving families and small businesses more ways to save money and energy as we launch the largest energy efficiency program in Canadian history,” said Stephen Lecce, Minister of Energy and Electrification.
The new Home Renovation Savings Program launches on Jan. 28.
It offers rebates of up to 30 per cent for home energy efficiency renovations and improvements, including new windows, doors, insulation, air sealing, smart thermostats, and heat pumps, as well as rooftop solar panels and battery storage systems for people who want to generate and store energy at home. Later in 2025, it expands to include rebates for energy-efficient appliances, including refrigerators and freezers.
The government’s Affordable Energy Act, which came into force on Dec. 4, 2024, ensures the new Home Renovation Savings Program, and other program offerings, will be expanded to homeowners who heat their homes by propane and oil, instead of being restricted to those who heat with electricity.
The province is also expanding the Peak Perks program with a new program specifically targeted to small businesses, including convenience stores and restaurants. Businesses will receive a financial incentive of $75 upon initial enrolment in the program and $20 per year for each eligible smart thermostat connected to a central air conditioning system or heat pump unit.
Homeowners interested in the Home Renovation Savings Program can sign up in advance today. All other programs are available now.
