Funding and 

Financing Programs

  • The Ontario Electricity Support Program (OESP) is run by the Ontario Energy Board and helps reduce electricity bills for lower-income households. It provides a monthly credit based on income and household size, applied directly to your electricity bill.

    Funding Available
    Eligible households receive up to $45/month, or $68/month if the home uses electric heat, certain medical devices, or includes an Indigenous person.

    Eligibility
    To qualify, you must:

    • Be the account holder for the electricity bill

    • Live at the service address

    • Include all household members living at the address 6+ months/year

    • Meet these income thresholds:

      • 1 person: ≤ $38,000

      • 2 people: ≤ $54,000

      • 3–4 people: ≤ $65,000

      • 5+ people: ≤ $71,000

    How to Apply
    Apply online and learn more:
    ontarioelectricitysupport.ca

  • The Energy Affordability Program helps income-eligible Ontarians reduce their electricity use and improve home comfort by offering free energy-saving upgrades tailored to their needs. Depending on eligibility, participants may receive either a free energy saving kit (for self-installation) or comprehensive support with in-home upgrades and appliance replacements. All services and products are provided at no cost.

    What's Included
    Depending on eligibility and existing equipment, support may include:

    • ENERGY STAR® LED light bulbs and night lights

    • High-efficiency showerheads and faucet aerators

    • Weatherstripping and insulation upgrades

    • Smart thermostats and smart power strips

    • Energy-efficient refrigerators, freezers, dehumidifiers, and window AC units

    • Cold climate air-source heat pumps

    • Drying racks or retractable clotheslines

    Eligibility
    You may qualify if:

    • You are a resident of Ontario, listed as a utility account holder

    • You live in eligible social housing, OR

    • Your household income is within the limits (e.g. $47,090 for 1 person, $66,595 for 2, and so on)

    • OR you’ve received assistance from programs like ODSP, Ontario Works, OESP, or LEAP within the past 12 months

    • OR you're a participant in an eligible natural gas program or a member of an on-reserve community

    Money Available
    There is no direct financial payment. Instead, participants receive free energy-saving kits or professional in-home upgrades valued at potentially hundreds of dollars.

    Limitations

    • Eligibility is income-based or tied to participation in other support programs

    • Some measures (e.g. insulation or showerheads) are only available for homes using electric heating or electric hot water

    • Enbridge customers may also qualify through the Home Winterproofing Program

    Visit the Energy Affordability Program website to learn more and apply.

  • The Home Renovation Savings Program is a 2025 partnership between Enbridge Gas, Save on Energy, and the Government of Ontario. It’s designed to help Ontario homeowners improve their home’s energy efficiency while lowering utility bills. There are two rebate paths:

    • One for homeowners doing multiple upgrades that require a home energy assessment

    • One for those completing major single upgrades like heat pumps or solar panels, which don’t require an assessment

    Qualified upgrades include everything from insulation and windows to cold-climate heat pumps, solar panels, and smart thermostats. Many rebates are processed directly through approved contractors, making the process more streamlined for homeowners.

    Money Available

    • Up to $12,000 for heat pumps

    • Up to $10,000 for solar panels + battery storage

    • $75 for smart thermostats

    • Up to $7,700 for insulation upgrades

    • $100 per window/door opening

    • $500 for heat pump water heaters

    • Up to $250 for air sealing

    • $600 rebate for a home energy assessment (if doing 2+ upgrades)

    Limitations

    • You must own your home

    • Home must be heated by natural gas (as an Enbridge customer) or by electricity, propane, oil, or wood (connected to the Ontario electricity grid)

    • Some rebates require a home energy assessment (see Stream 1)

    • Others do not require an assessment (see Stream 2)

    • Approved contractors must be used for heat pump and solar installs

    • Smart thermostat rebate is not available if you’ve already received a similar rebate from Enbridge Gas, Save on Energy, or this same program

    • Participants must complete their final home assessment within 180 days of their initial home assessment or by December 31, 2025, whichever comes first​.

    Stream 1 – Multiple Upgrades (Requires Home Energy Assessment)
    This path requires an initial and follow-up home energy assessment. You must complete at least two upgrades from the list below.

    Eligible Upgrades:

    • Insulation (attic, wall, foundation): up to $7,700

    • Windows and doors: $100 per rough opening

    • Air sealing: up to $250

    • Heat pump water heater: $500

    • Home energy assessments: $600 rebate after successful participation

    Steps:

    1. Schedule an assessment with a registered energy advisor from their list ONLY.

    2. Get a custom report outlining your home’s energy-saving opportunities.

    3. Complete 2 or more upgrades with a contractor.

    4. Book a final follow-up assessment (must be completed within 180 days of the initial assessment).

    5. Receive your rebates once all paperwork is submitted.

    Stream 2 – Major Single Upgrades (No Assessment Required)
    For homeowners interested in specific upgrades, this simplified path does not require a home energy assessment.

    Eligible Upgrades:

    • Heat pumps (cold-climate air source or ground source): up to $12,000

    • Solar panels + battery storage: up to $10,000 total

    • Smart thermostats: $75 rebate (can be claimed before or after purchase)

    How it works:
    Hire a program-qualified contractor to install your heat pump or solar system—they’ll take care of the rebate paperwork. For smart thermostats, you can install one yourself and still claim the rebate.

    Eligibility Recap:
    ✔ Must own a home (detached, semi, row/townhome, or mobile home on a permanent foundation)
    ✔ Must heat with natural gas (Enbridge Gas customer) or with electricity, propane, oil, or wood
    ✔ Must use program-approved contractors for some upgrades

    More info and application:
    homerenovationsavings.ca

  • The Oil to Heat Pump Affordability Program helps homeowners currently using oil heating switch to energy-efficient heat pumps. Eligible homeowners can receive up to $10,000 to cover the cost of the heat pump system and related installation, helping reduce heating costs and greenhouse gas emissions.

    Eligibility

    • Must heat your home with oil.

    • Household income must be at or below the following after-tax thresholds:

      • 1 person: ≤$45,080

      • 2 persons: ≤$89,125

      • 3 persons: ≤$115,000

      • 4 persons: ≤$140,300

      • 5 or more persons: ≤$151,800

    • Must have purchased at least 500 litres of oil in the past 12 months (receipt required).

    • Must complete work within 6 months of receiving the upfront payment.

    Limitations

    • Not available to those who have received funds from the Greener Homes Grant or Loan.

    • Full eligibility criteria must be met (see website for details).

    For more information and to apply, visit the official website.

  • Summary
    The Renovate Lanark Program provides up to $15,000 in one-time assistance to eligible homeowners for major home repairs and accessibility renovations. Applicants can apply for funding for a single primary project, making it easier to finance critical repairs or modifications to improve living conditions.

    Eligibility

    • Must be a homeowner in Lanark County.

    • Household income must be below $104,000.

    • Home must be the sole residence and valued at less than $468,243.

    • Maximum asset value must be $200,000.

    Limitations

    • Funding is available only to low-income households.

    • Only one primary project can be funded per application.

    For more information, check out their website.

  • The Canada Greener Homes Loan offers interest-free financing to help Canadian homeowners make energy-efficient upgrades. It’s part of the broader Canada Greener Homes Initiative, which supports retrofits that reduce emissions and energy use.

    Loan Details

    • Interest-free loans from $5,000 to $40,000

    • 10-year repayment term

    • Up to 15% of the loan (25% in northern/off-grid communities) can be issued upfront for contractor deposits

    • Available only for eligible, not-yet-started retrofits recommended by a certified energy advisor

    Eligibility

    Applicants must:

    • Own and live in the home as their primary residence

    • Be a Canadian citizen, permanent resident, or authorized non-permanent resident

    • Have completed a pre-retrofit EnerGuide evaluation

    • Not have started the retrofit work before applying

    • Have a good credit history

    Grants (for existing applicants only)
    *As of early 2024, the Canada Greener Homes Grant closed to new applicants due to overwhelming demand and funding limits.

    If you're already enrolled in the initiative (outside Ontario, Quebec, or Nova Scotia), you may still be eligible for:

    • Up to $5,000 in grants for eligible retrofits

    • Up to $600 for EnerGuide evaluations

    • Total possible funding: $5,600

    Eligible Retrofits

    • Home Insulation: Grants range from $210 to $5,000, depending on the type and extent of insulation upgrades.

    • Air-Sealing: Homeowners can receive between $550 and $1,000 to improve their home’s airtightness.

    • Windows and Doors: Grants of $125 or $250 are available per opening when replacing eligible windows or doors.

    • Smart Thermostat: A $50 grant is available when installed in combination with another eligible retrofit.

    • Space and Water Heating: Upgrades to more efficient systems may qualify for $1,000 to $5,000 in grant support.

    • Renewable Energy (Solar): Solar photovoltaic systems are eligible for $1,000 per kilowatt, up to a maximum of $5,000.

    • Resiliency Measures: Home adaptations for climate resilience, such as backup power or flood-proofing, may qualify for $150 to $2,625.

    Note: Products must be purchased in Canada or from a Canadian distributor online.

    Ineligible Retrofits

    • Work done before December 1, 2020, or prior to your energy evaluation

    • New home additions or retrofits in those areas

    • Air conditioners, skylights, furnaces, boilers (except in northern/off-grid areas)

    • Leased or rented equipment

    📌 Apply or Learn More:
    Canada Greener Homes Loan Website →

Other Helpful Tools

  • This tool helps homeowners estimate potential savings by switching from oil or propane heating to electric heating. It compares the annual cost of heating your home using fuel versus electricity. The savings depend on individual factors like usage levels and furnace efficiency. Note that the calculator does not apply to seasonal homes.

    Try the Fuel Switching Calculator

  • Hydro One customers can now choose between different electricity pricing plans, including Time-of-Use (TOU), Tiered, and the new Ultra-Low Overnight plan. The page explains how pricing is set and changes seasonally, and includes tools to help you compare options and switch to the plan that best suits your household’s energy habits.

    Explore pricing plans and try the calculator

Other Financial Incentives

  • Net metering allows homeowners to save money by generating renewable energy, such as solar or wind power. Once your renewable energy system is connected to the electricity grid, you can generate electricity for your own use and receive credits for excess energy sent back to the grid, reducing your overall electricity bill.

    Eligibility
    To participate, you must:

    • Generate electricity from renewable sources like solar, wind, or bioenergy

    • Meet your electricity distributor’s technical, safety, and inspection requirements

    • Obtain required environmental approvals and municipal permits

    Limitations

    • In some areas, you may not be able to connect a renewable energy system due to local distribution system limitations.

    • Before installing a renewable energy system, you must apply to connect to the electricity grid.

      Check out the Ontario.ca webiste here.

  • If you're buying or building an energy-efficient home and your mortgage is insured by CMHC, you may be eligible for a 25% refund on your mortgage insurance premium through the Eco Plus program.

    To qualify, your home must meet certain energy efficiency or greenhouse gas reduction standards, verified through an EnerGuide assessment or a recognized third-party certification (like ENERGY STAR, LEED, or Passive House). These standards are aligned with Natural Resources Canada's EnerGuide Rating System and will evolve over time as building codes and efficiency goals progress toward net-zero.

    If you're not sure whether your home qualifies, you can get an energy assessment from a certified NRCan energy advisor.

    You have up to two years from your mortgage closing date to apply for the refund. Documentation such as an EnerGuide label or qualifying certification is required, and it can even be used by future homeowners for up to five years.

    Learn more and apply here.

  • Peak Perks is a demand response program for Ontario residents and small businesses with smart thermostats. Participants agree to brief, automatic thermostat adjustments during periods of high electricity demand in the summer.

    Eligible participants receive a $75 virtual prepaid Mastercard for enrolling and $20 each additional year they remain in the program. Participation is optional, and users can opt out of individual events.

    Learn more and enroll here.