The Greener Homes Grant, introduced by Natural Resources Canada, has been a game-changer for Canadian homeowners. Offering up to $7,100 in rebates for the installation of a high-efficiency heat pump and additional rebates for improving your home’s insulation rating. Despite this, there are industry rumours that this grant may be coming to an end, or at least will be changing in early 2024.

At this time, Natural Resources Canada has not provided an official statement detailing how the program will change. From the limited information Francis Plumbing Heating & Cooling has received we suspect that the program will continue but with a lower rebate amount offered per household. This would allow the program to reach more homes and hopefully have a larger impact on reducing greenhouse gas emissions.

While the exact program changes remain uncertain, it is clear that the current rebate has been overwhelmingly popular with Canadian homeowners. Many have capitalized on the opportunity to save significantly on new windows, insulation, and high-efficiency HVAC equipment – and so can you!

If you want to benefit from the existing program terms, time is of the essence! Any homeowner who qualifies under the existing rules and has their initial audit done before March 1st, 2024 will still qualify for the current grant amount —up to $6,500 for a qualifying heat pump, along with an additional $600 towards audit fees. The only conditoin is that the equipment must be installed, and a post-audit must be completed within the following 365 days.

As rumours and news continue to fuel conversation around this topic our advice is simple: book your audit NOW.