We all want greener homes, but HVAC upgrades can be expensive! Fortunately for homeowners, there is a range of HVAC rebates available in Ontario for 2024. From heat pumps to energy-efficient renovations, find out how you can save money while improving your home’s comfort and efficiency.
What HVAC Rebates Are Available in Ontario for 2024?
In 2024, Ontario homeowners can access two key HVAC rebate programs co-delivered by the provincial and federal governments, as well as additional Ontario-specific programs outlined below:
- Canada Greener Homes Grant and Enbridge’s Home Efficiency Rebate Plus (HER+): NOTE: This initiative is no longer active. The Canada Greener Homes Grant offered substantial financial assistance for various energy-saving improvements and ran until February 2024.
- Canada Greener Homes Loan: The Canada Greener Homes Grant ended in February 2024, but the loan is still available for all homeowners. To learn more information, visit the official Canada Greener Homes Loan website.
- Save on Energy’s Energy Affordability Program: Aimed at eligible low-income households, this program offers free energy-saving products like LED light bulbs, smart thermostats, energy-efficient appliances, and more. We have outlined this program and how it can benefit your family in our latest blog.
- Ontario Renovates Program: Available in several municipalities, this program offer grants and loans for home improvements, including energy efficiency upgrades, safety upgrades, and accessibility repairs. Loan amounts and terms vary by region, with some areas offering forgivable loans up to $25,000.
In addition to the above programs, homeowners may be eligible for additional rebates based on their income, municipality, and First Nations status.
How Do You Apply for Ontario HVAC Rebates?
Applying for rebates is generally straightforward. You’ll typically need to meet certain eligibility criteria and submit an application. Start by researching suitable programs and ensure you have all the necessary documents. Following the application guidelines carefully increases your chances of qualifying for these rebates.
For example, with the Greener Homes Loan, you only need to submit an application directly through the Natural Resources Canada website.
Are Heat Pumps Eligible for Rebates in Ontario?
Yes! Heat pumps are eligible for rebates via the EAP for select households. In addition, installing a heat pump is a fantastic way to improve your home’s overall energy efficiency and reduce monthly bills in the long term. They provide heating and cooling, and sometimes even heat water.
What Types of Upgrades Qualify for HVAC Rebates?
You can get rebates for various upgrades like high-efficiency gas furnaces, boilers, heat pumps, smart thermostats, and insulation work. Each of these can contribute to a more energy-efficient home. For further details, be sure to look over the criteria for specific rebates available.
How Much Can I Save with Ontario HVAC Rebates?
Rebates can lead to substantial savings. For instance, the combined rebate from programs like HER+ and Greener Homes Grant offered up to $10,000, plus additional amounts for home energy audits. In many cases, the rebate may cover the cost of your retrofit.
Do Smart Thermostats Qualify for Rebates in Ontario?
Yes, smart thermostats are eligible for rebates in Ontario. For 2024, Enbridge Gas is offering $75 towards qualifying smart thermostats. Additional rebates include the Energy Affordability Program and other municipal-specific programs.
Are Multi-Residential Buildings Eligible for Any Ontario HVAC Rebates?
Yes, affordable multi-residential buildings in Ontario are eligible for HVAC rebates. Enbridge Gas offers up to $200,000 for these types of buildings through the “Affordable Multi-Family Housing Program.” It includes substantial rebates for installing or upgrading to energy-efficient systems such as boilers, water heaters, ventilation units, and more.
What Assistance Is Available for Low-Income Households in Ontario?
Low-income households in Ontario have access to several assistance programs aimed at reducing energy costs. The Ontario Low-Income Energy Assistance Program (LEAP) provides emergency financial aid for utility bill payments. Plus, the Ontario Electricity Rebate (OER) offers a reduction in electricity bills for eligible households.
The Ontario Energy Affordability Program further aids by offering free energy-saving products to qualifying low-income households. Additionally, the Ontario Energy and Property Tax Credit (OEPTC), part of the Ontario Trillium Benefit, helps lower-income residents by reducing their energy and property tax expenses.
What Should I Know About Water Heater Rebates in Ontario?
In Ontario, water heater rebates were part of the Home Efficiency Rebate Plus (HER+) program, which was co-delivered with the Canada Greener Homes Grant. Athough this program has ended, the federal government has discussed the possibility for similar future programs so stay tuned!
Are There Any Rebates for Air Sealing in Ontario?
Yes, air sealing is eligible for rebates. Through the EAP, you may qualify for air sealing following an energy audit while demonstrating financial need.
Are There Rebates for Weatherproofing in Ontario?
Weatherproofing rebates are available and can help protect your home against climate-related damages while also improving energy efficiency. Eligible homeowners can receive funds for weatherproofing upgrades and insulation upgrades per the programs listed above.
What Are the Most Cost-Effective HVAC Upgrades?
The most cost-effective upgrades are those that offer the highest energy savings for the lowest cost. High-efficiency furnaces, smart thermostats, and insulation are typically good bets. With the current rebates available, heat pump installation is also a worthy upgrade.
Upgrade Your HVAC for Efficiency Today!
Now that you’re equipped with the latest information on Ontario HVAC rebates for 2024, it’s the perfect time to upgrade your home’s heating and cooling systems. Contact Air Treatment ClimateCare for expert advice and assistance in navigating these rebate programs and making the most of your home’s energy efficiency upgrades.
