top of page
  • Writer's pictureMortgage BrokerYEG

Energy Efficiency Housing Rebate

Did you recently purchase an Energy Efficient Home?

This could be either a newly built house/condo or an existing house/ condo that has been updated with energy efficient improvements. If your home meets a certain energy efficient standard, and you purchased it with a High Ratio mortgage (less than 20% down payment) you could be eligible for a rebate of 15 – 25% of your insurance premium as all three mortgage insurers (CMHC, Sagen and Canada Guaranty offer these programs).


Purchase price $600,000

Min. Down payment $35,000

Insurance Premium $22,600

15% Rebate $3,390

Premium after Rebate $19,210


Applications must be submitted within 24 months of the closing date of the mortgage.

All supporting energy efficient documentation must be less than 5 years old.

Purchase of new or existing home, including residential condominium units in low rise buildings

Homes built under a qualifying energy efficient building program will automatically be eligible for a refund (contact me for a list of programs). If the home is not built under a qualifying energy-efficient building program, a qualified NRCan energy advisor must assess the home to confirm it meets the Ener Guide Rating standards of one of two scales (dependent on region).

Purchase of a new or existing high-rise condo unit

The unit must be in a building that was built to one of the following standards:

15% Refund

LEED Canada New Construction Standard (Certified Silver, Gold or Platinum) OR;

25% Refund

Built to be 40% more energy efficient than compliance with the energy requirements of the applicable building code

Purchase of an existing home and completing renovations

An NRCan qualified energy advisor must perform both pre- and post-improvement energy efficiency evaluations. Eligibility is based on the improvement in the energy efficiency rating which is assessed using the NRCan Ener Guide Rating system (either the 1-100 scale

or the gigajoules scale).

Eligible improvements include:

New windows and doors

New high efficiency furnace

Add insulation in basement or attic

Tankless hot water heater

Updating appliances

The list goes on…

Any questions, happy to help. Thanks for reading!

Nikole Rolof

Mortgage Broker Alberta

TMG The Mortgage Group


bottom of page