Key Programs for Home Sellers in Ontario

 

1.Home Renovation Savings Program (HRSP)

• What It Is: Launching on January 28, 2025, this program offers rebates of up to 30% for energy-efficient renovations. Eligible upgrades include new windows, doors, insulation, smart thermostats, heat pumps, rooftop solar panels, and battery storage systems, as Seller Incentives.
• Eligibility: Available to all Ontario homeowners, regardless of heating source.
• Benefits for Sellers: Energy-efficient upgrades can make your property more appealing to buyers and help increase its resale value.
For more details on these Seller Incentives, visit the Home Renovation Savings Program website.

2.Canada Greener Homes Grant (Seller Incentives)

• What It Is: Provides grants for eligible home retrofits such as insulation, windows and doors, heat pumps, and renewable energy systems.
• Eligibility: Ontario homeowners can apply through the Home Efficiency Rebate Plus (HER+) program.
• Benefits for Sellers: Environmentally conscious buyers may find properties with these upgrades more desirable.
Learn more about the Seller Incentives program at the Canada Greener Homes website.

3.Home Efficiency Rebate Plus (HER+)

• What It Is: Offers rebates for insulation, heat pumps, windows, and more.
• Eligibility: Open to Ontario homeowners; note that intake for new applications is currently paused as of January 19, 2024.
• Benefits for Sellers: Enhancing energy efficiency improves home comfort and attracts buyers.
For updates, check the HER+ program page.

4.Smart Thermostat Rebates as Seller Incentives

• What It Is: Eligible Enbridge Gas customers in Ontario can receive a $75 rebate on select smart thermostats.
• Benefits for Sellers: Adding a smart thermostat can appeal to tech-savvy buyers looking for energy-efficient homes.
Visit the Enbridge Gas rebate page for more information.

Additional Seller Incentives to Consider

 

Energy Audits

• Conducting a home energy audit can help you identify areas for improvement.
• Providing a recent audit report can act as a selling point for buyers.
Municipal Programs
• Check with your local government to explore additional home improvement incentives or rebates that may apply in your area.

Why Energy Efficiency Matters for Home Sellers

While there are no direct rebates specifically for selling a home, investing in energy-efficient upgrades can make your property more attractive to buyers and potentially lead to a higher selling price. These improvements also demonstrate a commitment to sustainability, which is increasingly important to many buyers. Which make great Seller Incentives!

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