My Mortgage Blog

With the recent introduction of the energy efficiency grants from EfficiencyPEI, you can save thousands on making your energy efficient renovations. The grants offer thousands of dollars in rebates for the installation of Insulation, Air Sealing, and EnergyStar Windows and Doors. The grants don’t just stop there, there are additional incentives for efficient home heating and cooling systems.

Some of the grants being offered are dependant on your income level. For those that earn over $35,000 per year or more, your savings look like this:

Ductless Heat Pump Rebate: $1,200

Geothermal Heat Pump Rebate: $4,000

Oil Furnace Rebate: $500

Windows, Doors, and Skylight Rebate: $100 per window opening to a maximum of $1000/property for ENERGY STAR zone 3 products

Be sure to check out all the eligibility guidelines for each of their grants here - https://www.princeedwardisland.ca/en/topic/efficiency-pei

I can help you include some of these renovations into your mortgage so that you’re only making one payment, and that’s your mortgage. Not only do these renovations help improve the value of your home creating extra equity, it also helps you make your home that much more environmentally friendly.

Call, text, or email me today to find out more!