Ontario announces funding to improve home energy efficiency
February 8, 2016
In a press release dated February 4, the Ontario Real Estate Association (OREA) announced that the Government of Ontario created a new program, which assists Ontarians to improve energy efficiency in their homes.
A total of $100 million will be invested to provide rebates for those who "conduct an energy audit on their property and then complete retrofits recommended by the auditor."
OREA president, Patricia Verge, says it's good news for home owners in the province. "Rebates are a great way to help consumers make green decisions when it comes to home retrofits or renovations."
"The housing sector has an important role to play in helping Ontario reduce greenhouse gas emissions," Verge said. "This new program will help improve the energy efficiency of Ontario's housing stock. It will also help spur innovation and create jobs in clean energy industries."
The Home Energy Savings Program (HESP) provides home owners with up to $150 towards the cost of a pre-retrofit energy audit and rebates up to $5,000 for retrofits. This program was administered between 2007 to 2011 and has helped many home owners in the province.
To read the full release, click here.
For more information about OREA, visit orea.com.