Rebate/Loan Name: Better Homes Ottawa Loan Program
The Better Homes Ottawa Loan Program offers zero-interest loans up to $125,000 over 20 years to Ottawa homeowners for eligible energy-efficient upgrades—like heat pumps, insulation, and solar panels—to reduce greenhouse gas emissions and energy costs.
Unsure how to take full advantage of the Better Homes Ottawa Loan Program’s zero-interest loans up to $125,000? Let AirZone HVAC Services guide you through the process of financing your energy-efficient upgrades!
Products That Qualify:
- Heating Systems:
- Air-source heat pumps
- Ground-source (geothermal) heat pumps
- High-efficiency furnaces (only when switching from oil, propane, or wood to natural gas)
- Cooling Systems:
- ENERGY STAR® certified central air conditioners
- Ductless mini-split systems
- Insulation Upgrades:
- Attic insulation
- Wall insulation
- Basement and crawl space insulation
- Windows and Doors:
- ENERGY STAR® certified windows, doors, and skylights
- Renewable Energy Systems:
- Solar photovoltaic (PV) panels
- Solar hot water systems
- Water Heating:
- Heat pump water heaters
- Electric Vehicle Chargers:
- Level 2 chargers
Maximum Rebate Amount:
- Up to $125,000 as a zero-interest loan with terms up to 20 years
Qualification Criteria:
- Homeowner Status: You must own a residential property within the City of Ottawa.
- Property Type: Eligible properties include detached, semi-detached, row houses, and multi-unit residential buildings of three stories or less.
- Good Standing: All property taxes are up to date, and the property is not in arrears.
- Consent: All registered owners of the property must consent to participate.
- Energy Audit: Complete a pre-retrofit home energy assessment by a qualified energy advisor.
- Eligible Upgrades: Implement eligible energy-efficient upgrades that reduce greenhouse gas emissions.
- Contractors: Use qualified and licensed contractors for all installations.
- Documentation: Provide all required receipts, contracts, and proof of completion.
- Loan Security: Agree to a local improvement charge (LIC) added to your property tax bill.
Availability of Rebate (Length in Dates):
- Program Duration: Ongoing, with applications accepted on a rolling basis
- Application Deadline: Early application is recommended as funds are limited
Source and Disclaimer:
- Source: Better Homes Ottawa Loan Program
- Disclaimer: Information is accurate as of October 2024. Program details may change; please consult the official City of Ottawa website for the most current information.
How We Can Combine Rebates/Loans:
Maximize your savings by combining the Better Homes Ottawa Loan Program with other federal and provincial incentives. Pair this zero-interest Loan with programs like the HER Rebate or HESP Rebate, manufacturer promotions, and our exclusive AirZone HVAC Services offers. This strategic combination can significantly reduce your out-of-pocket expenses for upgrading to high-efficiency HVAC systems and other energy-saving home improvements.
Don’t miss out on combined savings! Request your personalized quote now and let us guide you through the process.