Loan Program will help Ottawa homeowners make energy efficiency improvements
Ottawa – It’s now easier and more affordable for Ottawa residents to pay for energy improvements to their homes after the November 15th launch of the City’s Better Homes Ottawa – Loan Program (BHOLP).
The program allows Ottawa homeowners to apply for a zero-interest loan of up to $125,000 or 10 per cent of the current value of the home to cover the cost of home energy improvements. It also gives homeowners guidance on how to decide which retrofits to implement based on cost-benefit and greenhouse gas reduction potential.
Eligible projects include:
- Basement, attic and exterior wall insulation
- Air sealing (such as weather stripping or caulking)
- Window and door replacements
- Air and ground source heat pumps
- Solar hot water systems
- Solar photovoltaic systems
- Battery storage
- Electric vehicle charging stations (level 2)
- Additional dwellings such as granny suites or basement apartments (up to 30 per cent of the total loan amount)
You can combine the Better Homes Ottawa – Loan Program with other available energy efficiency rebates and incentives such as the Canada Greener Homes Grant and Enbridge Home Efficiency Rebate.
The City is working with EnviroCentre, an Ottawa based non-profit organization to administer the program. Find out more about the Better Homes Ottawa – Loan Program and apply at betterhomesottawa.ca. The new Better Homes Ottawa website also includes everything you need to know to make your home more energy efficient and climate friendly.
The BHOLP is part of the City’s Climate Change Master Plan. Funding is provided through the Community Efficiency Financing initiative, which is offered through the Green Municipal Fund and delivered by the Federation of Canadian Municipalities and funded by the Government of Canada.
Residents can receive updates on the program and other measures the City of Ottawa is taking by signing up for climate change e-newsletter.
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