Today, the Government of Ontario announced the creation of a new program to help Ontarians improve the energy efficiency of their homes. The province is investing $100 million from the Ontario Green Investment Fund to provide rebates for home owners who conduct an energy audit on their property and then complete retrofits recommended by the auditor.
Ontario REALTORS® have been strong proponents of voluntary initiatives that incentivize home owners to improve the energy efficiency of their properties. Most recently, OREA made new rebates a central recommendation to the Standing Committee on Finance and Economic Affairs during the committee’s pre-budget consultations. OREA’s two pronged recommendation also included inserting an energy audit into a standard, voluntary home inspection.
Ontario REALTORS® applaud this great initiative that will help Ontarians reduce their home’s greenhouse gas emissions, spur innovation and most importantly contribute to a greener, healthier environment.
For more information, please visit the Ministry of the Energy’s website.