Our RevoCell® windows are certified ENERGY STAR® 2023 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.
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Important Update on the Canada Greener Homes Initiative.
Homeowners planning energy-efficient upgrades can still apply for an interest-free Greener Homes Loan of up to $40,000 from the Canada Mortgage and Housing Corporation (CMHC). If you need to replace your windows or doors, now’s the time! The Canada Greener Homes Initiative offers financial incentives to help cover your costs. We’re here to assist you in maximizing these benefits, 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
What is the Canada Greener Homes Initiative?
The (link)Canada Greener Homes Initiative(link to:https://natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/24831) is a federal government program designed to boost the energy efficiency of residential buildings, cut greenhouse gas emissions, and promote a greener economy. It offers financial incentives for homeowners to make energy-efficient and weather-resilient home improvements. The initiative includes an interest-free Canada Greener Homes Loan of up to $40,000. The Loan requires a home evaluation using the EnerGuide program with a certified energy advisor from NRCan. An additional $600 is available to cover the energy assessment cost.
Interest-free Loan of up to $40,000
The loan is provided by the Canada Mortgage and Housing Corporation (CMHC) and can be paid off over a 10-year period. The loan also permits an advance payment of up to 15%, making it easier for homeowners to secure contracts that often require a deposit.
Home improvements can be expensive, but they should be done correctly. Having access to financing allows homeowners to take on larger projects, leveraging economies of scale. When considering inflation, interest-free loans translate to significant savings down the line. Plus, when the money comes from the government, you’re essentially using your own tax dollars. This is a fantastic opportunity.
Home Efficiency Rebate Plus: now, up to $10,000 back!
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.
Interest-free loan of up to $40,000
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.
FAQs
Need more info on the Greener Homes Initiative? Check out some frequently asked questions:
“Greener Homes Initiative” section from FAQ
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