Provincial Incentives

 

Efficiency NB (1-866-643-8833) offers incentives for both constructed and manufactured homes

 

• $3,000 grant for new home that is EnerGuide 80 or R2000 with non-electric heating

 

• $2,000 grant for new home that is EnerGuide 80 or R2000 with electric heating that uses a distribution system (forces air or hydronic)

 

• $1,000 grant for new home that is EnerGuide 80 or R2000 with electric baseboards

 

An additional $250 bonus is available to homeowners who:

 

• Install at least 2 of the following 3 appliances: Energy Star® refrigerator, Energy Star® freezer, Energy Star® clothes washer; and

 

• Install Energy Star® compact fluorescent lamps or other Energy Star® rated lamps in all lighting fixtures in the home

Mortgage Insurance Rebate

 

Canada Mortgage Housing Corporation (CMHC) offers a 10% premium refund on its mortgage loan insurance premiums, as well as extended amortization to a maximum of 40 years (subject to lender availability), to individuals who use CMHC-insured financing to purchase an energy efficient home, purchase a home and make energy-saving renovations, or renovate their existing home to make it more energy efficient. The refund is a one-time payment.