You’ve heard about the potential savings, and you’re ready to upgrade your HVAC system to a heat pump, but there’s a hurdle. You live in a high-rise. Does the Canada Greener Homes Grant extend to you?
Homes Not Eligible for the Greener Homes Grant
Let’s cut to the chase: high-rise condos are unfortunately not eligible for the Canada Greener Homes Grant. The grant is specific in its criteria, targeting a range of lower-density housing types that are also primary residences. Housing cooperatives and buildings with more than three floors or with a footprint exceeding 600 m2 are not eligible. Renters are also not eligible for the grant, and neither are landlords looking to upgrade a rental property.
If you own a condo in a building higher than three storeys, it seems you’re out of luck. But don’t lose hope just yet!
While your high-rise condo may not be eligible for the Greener Homes Grant, there are still opportunities for other housing types if you’re considering a move. Eligible properties include:
- Single or semi-detached houses
- Mobile homes on a permanent foundation
- Permanently moored floating homes
- Row houses
- Mixed-use buildings (residential portion only)
- Homes or buildings with a secondary suite or apartment
- Multi-unit residential buildings (MRUBs) that are three storeys or less with a footprint of 600 m2 or less
Financing Opportunities for Ineligible Buildings
If you live in a non-eligible building and are still eager to upgrade to a heat pump, remember there are other incentives available. Various utility companies and local municipalities offer rebates and incentives for residents who commit to energy-efficient upgrades.
For example, homeowners in Kingston can apply for an interest-free loan of up to $40,000 through the Better Homes Kingston program. This loan may cover upgrades like installing HRVs, heat pumps, smart thermostats and more.
Additionally, Ontario residents with specific income conditions might consider the Energy Affordability Program. This program provides support to income-eligible electricity consumers by helping them manage their monthly electricity costs and increase their home comfort.
Upgrade to a Heat Pump Anyway
Even if your high-rise unit isn’t eligible for the Greener Homes Grant, upgrading to a heat pump is still a smart financial move. With significant energy savings that offset the upfront cost over time and improved year-round comfort, this upgrade is worth it for those that have the option. It’s an investment in your home and our planet.
Contact Your Local ClimateCare to Learn More About Heat Pump Rebates
There are numerous paths to reducing your environmental footprint and saving on energy costs. At ClimateCare, we’re here to help you on your journey toward a greener home. Don’t hesitate to reach out to us for advice, assistance, and services related to energy-efficient HVAC systems.