Financial Incentives.

Because free money is still money!

Any help is good! Here's a list of government financial incentives that you can tap into to help you get the free energy you desire!

Housing Opportunities for Edmonton (HOPE)

The City of Edmonton introduced the Housing Opportunities For Edmonton (HOPE) program as a home repair program for homeowners who meet the income qualifications.  The goal of the program is to help homeowners bring their homes up to a minimum standard of health and safety in terms of plumbing, heating, electrical, fire safety and energy efficiency just to name a few areas.

There offer conditional funding grants up to $20,000.

Applicants may also we offered up to an additional $2,000 in funding for energy-efficiency upgrades through Edmonton’s environmental strategic plan, The Way We Green.

CMHC Mortgage Loan Insurance Premium Refund  

 CMHC Green Home offers premium refunds of up to 25% to borrowers who buy, build or renovate a home for energy efficiency using CMHC-insured financing.

The refund amount is based on your EnerGuide Rating. A higher rating or a greater improvement will result in a larger refund amount.

Genworth Energy-Efficient Housing Program 

Homebuyers purchasing an energy-efficient home or making energy-saving renovations to their current home are eligible for a premium refund of up to 25% if they have a Genworth Canada-insured mortgage.

New homes must be build through a Genworth Canada qualifying energy-efficient building program or meet the minimum EnerGuide requirements to qualify.

Alberta Micro-Generation 

The Alberta Micro-Generation regulation allows Albertans who are generating their own environmentally friendly electricity by using either renewable resources or alternative energy to received credit from any access electricity they send into the electrical grid.

On-Farm Energy Management: Growing Forward 2 

This program shares the cost of investments that improve energy efficiency on Alberta farms, allowing producers to conserve and reduce carbon emissions. Alberta producers with a minimum of $10,000 farm commodity or livestock production income are eligible to participate in this program.

The program addresses three important priorities in the agriculture industry:

  1. Increased industry competitiveness.
  2. Improved environmental stewardship.
  3. Improved energy management

Eligible projects include, but are not limited to:

  • Construction projects that install high-efficiency equipment from the program’s Funding List
  • Retrofit projects that improve the operation’s energy usage per unit of production
  • Installation of submeters to monitor on-farm electricity and/or natural gas usage

 

For most items the program covers up to 70% of eligible costs, to a maximum of $750,000.  This is a significant increase from the previous amount of 35% of eligible costs up to $50,000. The program also covers 100% of the cost for each applicant’s first three submeters.