Change your oil or propane heating system to natural gas, and install a new ENERGY STAR rated high efficiency heating system and you may qualify for a $1,000 cash rebate.
Includes a forced air furnace with an AFUE rating of 90 per cent or higher, a boiler with an AFUE rating of 85 per cent or higher, or a condensing combination system used for both space and water heating.
LiveSmart BC offers grants for energy efficiency upgrades for heating, hot water, insulation, windows and doors, ventilation, and draft proofing for your home.
For more details, see the LiveSmart BC Efficiency Incentive Grant Chart.
To access grants, homeowners must have a Home Energy Assessment with a Certified Energy Advisor before and after renovations.
The Energy Assessment includes:
For single family homes, row houses, and mobile homes on permanent foundations.
To book an Energy Assessment with City Green, the only non-profit provider of the LiveSmart BC incentive, call 1.866.381.9995 or book online.
If you've recently purchased-or are planning to purchase-an energy efficient product or service for your home, you could qualify for the RBC Energy Saver Loan.
This innovative and "green" financing solution can help you create a more energy efficient home faster while saving on your borrowing costs.
Receive 1% off the interest rate for your fixed rate instalment loan over $5,000
ORReceive a $100 rebate on a home energy audit on a fixed rate instalment loan over $5,000.
The following products and services are eligible for Energy Saver Loans:
A home energy audit is a report generated by a licensed professional who is specially trained to examine your home's major heating and cooling systems. They will make recommendations to help you improve your home's energy efficiency and lower your energy costs. You can then decide what you want to do and how much you want to spend.
Simply follow these steps to arrange for your home energy audit.
Choose a licensed home auditor through the Natural Resources Canada website at www.oee.nrcan.gc.ca . Obtain quotes from a few auditors and choose one that you feel offers the best overall value.
Note: To qualify for the $100 rebate, your audit must be completed sometime within the 90 days prior to being approved for your loan or within 90 days after receiving your loan.
Receiving Your RBC Energy Audit Rebate
Other Ways to Turn Energy Saving Efforts into Cash
To receive additional government rebates and incentives that you may be entitled to, be sure to follow these steps:
Through Canada’s Economic Action Plan, the Government of Canada announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.
As of February 1, 2010, CMHC is accepting applications from eligible project sponsors for the remaining $75 million funding for year two. Sponsor groups can apply online or through the mail. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.
Implementation Funding is designed to allow customers to meet internal hurdle rates, such as payback periods and return on investment. Through the Power Smart Partner Program, you could receive funding for up to 60% of the incremental cost of lighting, mechanical, HVAC and other energy efficiency projects. The funding level is also based on a tiered approach, meaning projects that were previously too costly may now be eligible for richer incentives.
A BC Hydro Energy Study is acceptable as a proposal, and is eligible to be fully funded by BC Hydro upon project completion.
Please note that any component of the project cannot be initiated without an Incentive Agreement in place with BC Hydro. If the project has started prior to an Incentive Agreement, it will not be eligible for any incentives from BC Hydro.
To find out more about Implementation Funding, contact your BC Hydro Key Account Manager, call 1 866 522 4713 or visit www.bchydro.com/business.
The most cost-effective way to save energy in the home is to design with energy efficiency in mind. Our New Home Program encourages builders and developers to build an energy-efficient home – a Power Smart home. Working with builders and developers, BC Hydro Power Smart wants to create homes that cost less to operate and are more comfortable places to live.
Builders who build to Power Smart New Home standards receive:The Power Smart New Home Program is designed for residential builders and developers of single family homes, town homes, or qualifying low-rise multi-family residential buildings.
Get house plans evaluated by a Certified Energy Advisor who will make recommendations to increase the performance rating of the home.
After construction, a blower door test is conducted by the Certified Energy Advisor to verify the air changes per hour (ACH), which is inputted into the software program for a final performance rating.
A Power Smart New Home representative can discuss energy-efficient design and products with you. Contact us for more information. Our representatives will provide you with all the information you need to participate.
To help you finance your energy improvements and start saving energy now, take advantage of Vancity’s Eco Efficiency business loan, which offers: