Prince Edward Island Residential Financial Incentives for Insulation

PEI Energy Efficiency Program

Attic insulation:

  • Regular Rebate: $2.50/100 square feet (SQ)/R-value increase
  • Low-income Rebate: $4.00/SQ/R-value

Minimum total R-value R50 for flat ceilings, R28 for sloped ceilings

Above grade walls (with new interior/exterior finish):

  • Regular Rebate : $25/SQ/R-value increase
  • Low-income Rebate : $40.00/SQ/R-value

Minimum R-value increase R6

Above grade walls (blown in insulation):

  • Regular Rebate : $5.00/SQ/R-value increase
  • Low-income Rebate: $8.00/SQ/R-value

Minimum R-value increase R10

Exposed floors and headers:

  • Regular Rebate : $12.00/SQ/R-value increase
  • Low-income Rebate: $20.00/SQ/R-value

Minimum total R-value R20

Below grade:

  • Regular Rebate : $12.00/SQ/R-value increase
  • Low-income Rebate : $20.00/SQ/R-value

Minimum R-value increase R12 for walls, R20 for headers

Windows, doors and skylights:

  • Regular Rebate: $100 per window opening to a maximum of $1000/property for ENERGY STAR zone 3 products
  • Low-income Rebate: $200 per window to a maximum of $2000/property for ENERGY STAR zone 3 products

Air Sealing:

Air Sealing Regular Rebate Low Income Rebate
10% improvement over initial ACH @50pa rate $100 $175
20% improvement over initial ACH @50pa rate $250 $450
30% improvement over initial ACH @50pa rate $400 $700

 

PROGRAM DETAILS

PEI Energy Efficiency Loan Program

Note: Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.

Eligible applicants can apply to receive a repayable loan of up to $10,000, towards 100% of invoiced costs for eligible activities that have been pre-approved by efficiencyPEI under their rebate programs.

The loan will bear interest at the fixed rate of 5% per annum and is repayable over a period of up to 7 years.

 

PROGRAM DETAILS

PEI New Home Construction Program

We want to help make your new home more energy efficient and comfortable! Here’s how: ​

  1. A certified Energy Advisor will review your building plans before you build.
  2. You will receive customized recommendations to improve the energy efficiency of your design and work with your builder to implement them.
  3. Depending on the efficiency of your new home, you could receive up to $5,000 in rebates.
  4. Your home will be assigned an EnerGuide rating that tells you (and future buyers) that your home is comfortable, efficient and saves money.

 

PROGRAM DETAILS

PEI Home Energy Audit Program

An EnerGuide home evaluation is an energy audit designed to help homeowners increase the energy efficiency and comfort of their homes. The evaluation provides useful information about your home’s energy performance that can help you make informed decisions when operating, renovating or purchasing a home.

How much does an energy audit cost?

The evaluation will be carried out by HomeSol Building Solutions for a flat fee of $99 +HST. Homeowners who wish to participate can simply contact the company to schedule an appointment and the subsidy will be deducted upfront.

 

PROGRAM DETAILS

PEI Residential Rental Efficiency Rebates

Long-term residential rental building owners are eligible for energy efficiency programs such as home insulation rebates, electric hot water heater rebates, and energy efficient equipment rebates. Winter warming help is also available for low-to-moderate income residents.

Energy efficiency upgrades can help make tenants more comfortable, save money for property owners and reduce the environmental impact of rental buildings.

Residential rental rebates

There are new and expanded rebates for long-term residential rental units such as apartment buildings and row houses.

  • Increased rebate amounts for mini split air source heat pumps (ASHPs) from $1,200 to $2,000;
  • Increased rebate on insulation for above grade walls from the current $25 per Square (100sqft) per r-value increase (SQ/R-value) to $65/SQ/R-value*; and
  • New rebate of up to $2500 on electric hot water heaters.

* for example; increasing the insulation value by R6 on building with an exterior wall area of 4800 square feet (48SQ) would result in a rebate of $65 x 48SQ x R6 = $18,720

Download the application form for full rebate details.

There have also been changes to rebate limits per building and per year, so rental property owners that have had rebates in the past are encouraged to check their eligibility for new rebates.

PROGRAM DETAILS