Greener Homes Grant Quarterly Update
As Summer 2022 comes to a close, the Canada Greener Homes Grant is moving well into its second year.
Operating under the banner of the Canada Greener Homes Initiative (CGHI), the Grant and the recently-launched Canada Greener Homes Loan are working together to help more homeowners across the country lower their energy costs, make their homes more comfortable, and reduce their greenhouse gas emissions at a time when affordability and climate action have never been more important.
Greener Homes Grant
As of September 6, 2022, a total of over 196,000 grant applications have been received through the national portal..
The Canada Greener Homes Initiative has been extremely popular with homeowners, with over 38,000 applications received during the first week of the program being launched.
Greener Homes Loan
Since the Canada Greener Homes Loan launched on June 17, 2022 more than 3,200 homeowners have applied for a Loan. The CGHI loan of up to $40,000 is interest free, repayable over 10 years, and helps finance the purchase and installation of new eligible products that have been recommended by an energy advisor, are eligible for the grant and have not been commenced or completed in advance of the homeowner’s loan application
NEW: The Canada Greener Homes Loan is now open to homeowners who have already received a full or partial grant and want to apply to the Loan for any remaining eligible and recommended retrofits still to be undertaken. Learn more about the loan eligibility criteria.
Did you know? Heat pumps continue to be one of the most popular Greener Homes retrofits.
Replacing your old oil furnace with a new energy efficient heat pump can help drive down your winter heating costs an average $3,500 a year, which means your new heat pump could pay for itself in just a few short years! We are updating our eligible products lists every three months, so homeowners have more choice when it comes to purchasing and installing a qualifying heat pump. Apply today!
Service Standards for Applicants
To meet the interest of Canadian homeowners and the volume of applicants, Natural Resources Canada (NRCan) is working hard to issue payments within its service standard of 40 business days from the time NRCan receive the final receipts and required documentation from the homeowner. Currently NRCan is meeting this standard 92% of the time, and getting progressively faster so that homeowners receive their grant payments as quickly as possible.
NEW: Incentives for Duplexes and Homes with a Secondary Suite
Homeowners of duplexes and those with a secondary suite, such as a basement apartment or an in-law suite, now have access to more grant incentives thanks to recent changes in the program. Resident owners of these building types are now eligible for up to $5,000 in grants for the purchase and installation of a qualifying heat pump and water heater equipment. Please contact your service organization or visit our website for more information.
Tops for Homeowners Applying for the Canada Greener Homes Initiative:
Invest in your building envelope first…or next! Our building science experts recommend you first invest in your home’s envelope — insulation, windows and doors, and air sealing — so that you can reduce your energy needs before taking on other retrofits like a new heating system. That said, if you have already installed a new heat pump or solar panels, it's not too late. We recommend focusing on the envelope as the next step in your homeowner journey. Your Renovation Upgrade Report is a great roadmap to help you plan your retrofits.
Working together. If you are a resident owner of a home that is in a low-rise multi unit residential building, and you or your neighbours are interested in participating in the Canada Greener Homes Initiative, please visit our website at or write to us at canadagreenerhomesgrant-subventionmaisonsvertes@nrcan-rncan.gc.ca for more information on how to take advantage of the initiative. We have specialized program officers available to help you!
