Maximize Your Home's Potential: Efficiency Loans & Grants
At FaubertHVAC, we understand that navigating the complexities of loans and grants for home energy upgrades can be challenging. Our goal is to simplify this process for you, ensuring you have access to the financial support needed to make your home more energy-efficient and comfortable. Whether you're looking to reduce your energy bills, enhance your home's comfort, or contribute to a greener future, we are here to guide you through the available financing options and help you make informed decisions. Let's work together to transform your home with the right financial solutions.
Home Retrofit Loan Program
If you live in Peterborough, ON, there's a new program called Better Homes Peterborough that can help you lower your energy bills, make your home more comfortable, and reduce greenhouse gas emissions. This four-year initiative offers low-interest loans, incentives, and personalized support for various home upgrades, such as insulation, windows, doors, heat pumps, air sealing, solar panels, battery storage, high-efficiency water heaters, lighting, EV chargers, and electrical upgrades. You can also use up to 30% of your loan for cosmetic or non-energy-related improvements.
The program is available to homeowners with detached or semi-detached houses, townhouses, or small multi-unit buildings up to three stories. You can choose between two financing options: a Local Improvement Charge (LIC) Loan from the City of Peterborough or a personal loan from Kawartha Credit Union.
Key Partners:
EnviroCentre: Provides technical support throughout the retrofit process.
GreenUP: Offers energy coaching to help you navigate the program.
Kawartha Credit Union: Provides financial products and personalized advice.
For more information, visit betterhomesptbo.ca or call 1-888-284-9417.
Partner Statements:
Mayor Jeff Leal: Home retrofits help reduce emissions and achieve the city's net-zero target by 2050.
Melanie Johnston (EnviroCentre): Highlights the collaborative effort to facilitate deep energy retrofits.
Norah McCarthy (Kawartha Credit Union): Underscores their commitment to sustainability and community support.
Tegan Moss (GreenUP): Stresses the importance of energy coaching to help homeowners navigate the program.
Partner Organizations:
EnviroCentre: Experts in home energy efficiency.
GreenUP: Promotes a sustainable community.
Kawartha Credit Union: Focuses on service excellence and community support.
Canada Greener Home Loan
The Canada Greener Homes Loan offers interest-free loans ranging from $5,000 to $40,000 to help Canadian homeowners make their homes more energy-efficient and comfortable. To qualify, homeowners must complete a pre-retrofit EnerGuide evaluation and follow recommendations from an energy advisor. The loan covers eligible retrofits that have not yet been started and must be applied for before beginning any work.
"The Canada Greener Homes Loan offers interest-free financing to help Canadians make their homes more energy efficient and comfortable. The loan can help you finance eligible retrofits that are recommended by an energy advisor and that have not yet been started."
"The Canada Greener Homes Loan will provide $4.4 billion in interest-free loans, of up to $40,000 per household, helping up to 175,000 homeowners complete extensive home retrofits on their principal residence."
"The objective of the Canada Greener Homes Loan is to help homeowners finance their home’s energy retrofits and improve their home’s energy efficiency and resiliency."
"You should not start any retrofit work before your loan application has been submitted. Any retrofits started before submitting your loan application are ineligible."
Home Renovation Savings Program
The Home Renovation Savings Program offers significant rebates for energy-efficient home upgrades in Ontario. Supported by Save on Energy and Enbridge Gas, the program provides flexible options for single and bundled upgrades, including insulation, heat pumps, smart thermostats, solar panels, and more. Homeowners can receive rebates such as:
Home Energy Assessment: Up to $600 back
Insulation: Up to $7,700
Windows and Doors: $100 back per rough opening
Air Sealing: Up to $250
Heat Pump Water Heaters: $500 back
Cold Climate Air Source Heat Pump: Up to $7,500
Ground Source Heat Pump: Up to $12,000
Smart Thermostat: $75
Solar Panels and Battery Storage: Up to $10,000
For more details, visit the Home Renovation Savings website
At FaubertHVAC, we are committed to helping you navigate the financial landscape of home energy upgrades. By understanding and leveraging the available loans and grants, you can make impactful improvements to your home's energy efficiency and comfort. Our team is here to support you every step of the way, ensuring you have the knowledge and resources to make informed decisions. Together, we can create a more sustainable and comfortable living environment for you and your family. Thank you for choosing FaubertHVAC as your trusted partner in this journey.
