Newfoundland & Labrador Residential Financial Incentives for Insulation

Energy Efficiency Loan Program

Newfoundland Power’s Electrical Services Financing Plans are available to current residential customers of Newfoundland Power who own the premise for which the loan is required.

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 75% of the cost of insulation for your basement ceiling or walls up to $1000.

Receive a rebate of 50% of the cost of insulation for your attic up to $1000.

Benefits:

• 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

Rebates for insulation upgrades are now available for customers with oil heated homes through the Energy Efficiency in Oil Heated Homes Program. This program is delivered through takeCHARGE in partnership with the Federal and Provincial Governments.

Receive a rebate of 75% of the cost of insulation for your basement ceiling or walls up to $1000.

Receive a rebate of 50% of the cost of insulation for your attic up to $1000.

Home Energy Savings Program (HESP)

HESP is a provincial initiative designed to assist households with low income in making energy efficient retrofits to their homes. The program assists clients with retrofits that will make their homes more affordable and reduce greenhouse gas emissions that contribute to climate change.

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.