Newfoundland & Labrador Residential Financial Incentives for Insulation
Energy Efficiency Loan Program
|Basement and Attic Insulation||$5,000||60 Months|
Customers can finance up to $5000, over 60 months, to cover the labour and material costs of an insulation upgrade in a home where electric heat is the primary heating source. Insulation is to be installed to National Building Code standards.
To obtain insulation rebates, customers should visit the takeCHARGE website or contact Newfoundland Power via phone or e-mail. Once the insulation work is complete qualifying customers can apply for a rebate through the takeCHARGE Program.
Take Charge Insulation Rebate
Receive a rebate of 50% of the cost of insulation for your attic up to $1000.
- Having enough insulation can save you thousands on heating costs. Heating usually accounts for over 50% of the electricity used in electrically heated homes.
- Insulation keeps your house cozy when temperatures drop.
- Attic insulation helps keep your home cool in the summer and basement insulation combats humidity issues.
Energy Efficiency in Oil Heated Homes - Rebate for Insulation
Receive a rebate of 75% of the cost of insulation for your basement ceiling or walls up to $1000.
Home Energy Savings Program (HESP)
Newfoundland and Labrador Housing Corporation (NLHC) will provide a pre and post-energy inspection.
For owners of single, row and semi-detached housing, assistance is available in the form of a grant up to $5,000 per unit.
What repairs or renovations qualify under this program?
All repairs will be identified through an energy evaluation, which will determine the best possible solutions for energy efficiency. A post-energy evaluation will also be required to confirm that identified work was completed. Examples of some repairs that will create energy efficiency are: basement and attic insulation, and draft-proofing.