New rebates available soon under energy efficiency program in Ontario

Ontario is set to launch two new energy efficiency programs, including the Home Renovation Savings Program on January 28, which offers rebates of up to 30% for energy-efficient home improvements like insulation and solar panels. Homeowners could receive significant rebates, such as $8,900 for insulation. The residential Peak Perks program will also provide small businesses with credits for eligible smart thermostats. The government plans to invest about $900 million annually in energy efficiency over the next 12 years, aiming to reduce electricity demand and costs.