Ontario NDP promise grants, loans for energy efficient upgrades in homes

·1 min read

BOWMANVILLE, Ont. — Ontario New Democrats are promising grants and interest-free loans for people to make energy efficient upgrades in their homes that can help lower their utility bills.

NDP Leader Andrea Horwath says it's a way to both fight the climate crisis and help families afford everyday life.

An NDP government would offer people grants of $7,000 to $11,000 for the household upgrades such as heat pumps, high-efficiency electric water heaters, efficient windows, insulation, deep energy retrofits and energy efficiency assessments.

For any costs over the amount of that grant, the NDP say they would offer zero-interest financing that people would pay off over time through their hydro bill.

The NDP say that for heating alone, a new heat pump system can reduce home energy consumption by an average of 61 per cent.

The party's climate plan commits $40 billion over four years for measures such as a retrofit program for public, residential and commercial buildings, electrifying transit, and an electric vehicle strategy.

This report by The Canadian Press was first published May 7, 2022.

The Canadian Press

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting