National Residential Financial Incentives for Insulation
Energy Star - Insulation Rebates
Qualified Energy Efficiency Improvements
Adding adequate insulation is one of the most cost-effective home improvements that you can do.
Tax Credit Amount: 10% of the cost, up to $500 (NOT INCLUDING INSTALLATION)
Requirements
Typical bulk insulation products can qualify, such as batts, rolls, blow-in fibers, rigid boards, expanding spray, and pour-in-place.
Products that air seal (reduce air leaks) can also qualify, as long as they come with a Manufacturers Certification Statement, including:
- Weather stripping
- Spray foam in a can, designed to air seal
- Caulk designed to air seal
- House wrap
NOTE: Tax Credit does NOT include installation costs.
More Information
Energy Efficient Housing Program
Energy Efficient Housing Program
The Bank of Montreal offers low interest rates and pre-payment options on 5-year closed mortgages for energy efficient single-family homes and high-rise condominiums.
Single-family homes require 6 of the 7 energy efficient features, including good quality attic insulation (minimum RSI 8.6, R-49). High-rise condominiums do not require insulation as an energy efficiency feature.
CMHC Green Home
CMHC Green Home
| Building Standard | Insurance Premium Refund |
|---|---|
| R-2000 (national) | 25% |
| Built Green™ (national) | 15% |
| ENERGY STAR® (national) | 15% |
| GreenHouse™ (Ontario) | 15% |
| GreenHome™ (Yukon) | 15% |
| LEED Canada for Homes (national) | 15% |
| Novoclimat (Quebec) | 15% |
| Manitoba Hydro’s New Homes Program (Manitoba) | 15% |
| FOR HOME RENOVATIONS |
| EnerGuide rating 0-100 scale |
EnerGuide rating Gigajoules scale |
|||
|---|---|---|---|---|
| If pre-retrofit rating is < 55 | If pre-retrofit rating is ≥ 55 | If pre-retrofit rating is ≥ 200 | If pre-retrofit rating is < 200 | |
| 15% Insurance Premium Refund | Minimum increase of 10 points, with resulting rating of at least 60 | Minimum increase of 5 points | Minimum decrease of 45 GJ/year, with resulting GJ/year not to exceed 250 | Minimum decrease of 20 GJ/year |
| 25% Insurance Premium Refund | Minimum increase of 20 points, with resulting rating of at least 60 | Minimum increase of 10 points | Minimum decrease of 90 GJ/year, with resulting GJ/year not to exceed 250 | Minimum decrease of 45 GJ/year |
RBC Energy Saver Loan
RBC Energy Saver Loan
The Royal Bank of Canada (RBC) offers a 1% interest rate discount or a $100 rebate on a home energy audit with a qualifying purchase through a fixed rate loan over $5,000.
RBC Energy Saver Mortgage
RBC Energy Saver Mortgage
The Royal Bank of Canada (RBC) offers a $300 rebate for a home energy audit.
Refinance your existing mortgage, purchase a home, and/or make improvements to resale properties to qualify.