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We provide a list of financial incentives for various sectors in the Edmonton area. Note: These are not all City of Edmonton incentives, but rather a listing of what is available. For more information on these incentives, please contact the organization associated with the incentive program.

 

You can also find a listing of grants and financial incentives on the Federal Government website.

Financial Incentives for the Residential Sector

Housing Opportunities for Edmonton (HOPE)
The City has launched Housing Opportunities Program for Edmonton (HOPE), a home repair program for qualifying-income homeowners living in designated priority neighbourhoods. This includes an energy-efficiency component to help homeowners reduce energy bills and improve home comfort.

CMHC mortgage loan insurance premium refund
If you use CMHC insured financing to buy an energy-efficient home, purchase a house and make energy-saving renovations or renovate your existing home to make it more energy-efficient, you may qualify for a 10% refund on the Mortgage Loan Insurance premium. You could also have the added flexibility of a longer amortization (the period of time required to repay your mortgage) from 25 years to a maximum of 40 years, significantly reducing your monthly payments.

Genworth Energy-Efficient Housing Program
Homebuyers purchasing an energy-efficient home, or refinancing an existing home to make energy-saving renovations with Genworth-insured mortgages, are now eligible for a 10% premium refund. Genworth is making the program available on loans with up to 40-year amortization periods at standard mortgage insurance premium rates.

TD Green Mortgage and Home Equity Line of Credit (HELOC)
TD Canada Trust is offering 1% off the posted interest rate on a five-year fixed rate mortgage or on a five-year fixed rate portion of a HELOC. They will also rebate up to 1% of the amount of the mortgage or the fixed rate portion of the HELOC when you make ENERGY STAR® qualified purchases, and at the time you receive your rebate, TD Canada Trust will donate $100 to the TD Friends of the Environment Foundation.

TD Meloche Monnex Green Wheelâ„¢ Discount
TD Insurance offers 10% off of your total automobile insurance premium, up to a maximum of $5,000, on recognized hybrid vehicles.

Found an error? Know of an incentive or rebate not listed here? Let us know at lovegreen@edmonton.ca!

 

For More Information

City Environmental Strategies

9th Floor Edmonton Tower
10111-104 Avenue NW
Edmonton, AB
T5J 0J4

Telephone

In Edmonton: 311
Outside Edmonton: 780-442-5311

Fax 780-401-7050
Email changeforclimate@edmonton.ca
Website http://www.edmonton.ca/ChangeForClimate
Facebook http://www.facebook.com/YEGclimate
Twitter http://www.twitter.com/YEGclimate

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