Canada Greener Homes Initiative
The federal government’s Canada Greener Homes Initiative (opens to external site) aims to help homeowners save money and fight climate change. Grants and loans to help finance energy-efficient home retrofits are available, and can be used in addition to provincial assistance.
Canada Greener Homes Grant
Read more at Natural Resources Canada (opens to external site)Eligible home retrofits include home insulation, windows and doors, heat pumps, solar panels, and resiliency measures.
- Grants from $125 to $5,000 to reimburse a portion of your costs for eligible home retrofits
- Up to $600 as a maximum contribution toward the total cost of you pre- and post-retrofit EnerGuide evaluations
Canada Greener Homes Loan
Read more at Natural Resources Canada (opens to external site)Get interest-free financing to help complete larger-scale retrofits that are recommended by your energy advisor. This loan can only be combined with the Canada Greener Homes Grant.
- Interest-free loans between $5,000 and $40,000, with a repayment term of 10 years
Oil to Heat Pump Affordability Grant
Read more at Natural Resources Canada (opens to external site)For households with median income or less who are currently heating their homes with oil. No home energy evaluation is required as part of this grant, and it can be combined with the Canada Greener Homes Grant for additional savings.
- Grant of up to $5,000 to cover the costs of changing an oil heating system to a heat pump.
Find out which incentives are available in your province
In addition to the federal government’s Canada Greener Homes Initiative, a range of grants, rebates and loans may be available in your province. Select your province of residence to find out more.
Finance your renovation project with RBC
Use your home equity
Borrowing money against the equity of your home could help finance your home renovation project at lower rates than other types of loans.
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