Make Westside Kelowna Real Estate Green With These Programs

Making your home more energy-efficient means more than just a slash through your utility bills. Investing in energy-efficient fixtures and power can help you make an impactful change toward a more sustainable future. As a homeowner of Westside Kelowna real estate, you have access to some fantastic programs that can help make these upgrades more affordable. Whether you’re thinking about adding better insulation, upgrading to energy-efficient windows, or installing solar panels, there are grants, loans, and rebates available to help offset the costs. So, without further ado let’s take a peak at the key programs you should know about!

Federal & Provincial Energy-Efficient Home Improvement Programs

The Canada Greener Homes Initiative is a federal program designed to help homeowners make their homes more energy-efficient. It offers grants of up to $5,000 and interest-free loans of up to $40,000 to cover the costs of improvements like better insulation, energy-efficient heating, and renewable energy systems. To qualify, you’ll need to complete an EnerGuide home evaluation, which helps identify areas where your home can be improved.

The Canada Greener Homes Grant provides between $125 and $5,000 to assist with specific upgrades, such as high-performance windows, better insulation, and more efficient heating systems. Plus, the grant covers $600 toward your EnerGuide home evaluation, which you need to qualify for the grant. With updates to the program on the horizon, even tenants may soon be eligible!

For larger-scale projects, the Canada Greener Homes Loan is also a good option. Homeowners can access interest-free loans between $5,000 and $40,000, with 10 years to repay. This is perfect for bigger investments like solar panels or comprehensive insulation upgrades. Like the grant, an EnerGuide home evaluation is required to qualify.

For those residing in Westside Kelowna real estate, you also have access to the BetterHomesBC program. This provincial initiative offers rebates and incentives for energy-efficient upgrades like new windows, improved insulation, and heat pumps. One of the best parts is that you can stack rebates from multiple sources (including utility providers) to maximize your savings. Plus, they provide an energy coach service to help you through the process.

Upgrade Westside Kelowna Real Estate Before You List!

Making your home more energy-efficient is a smart move, both financially and environmentally. If you’re considering buying or selling in Westside Kelowna real estate, having an energy-efficient home can boost its value and appeal. Need advice on how energy efficiency impacts home value? Let’s chat! Reach out today, and we’ll find ways to maximize your home’s potential.