What are the most common upgrades people get through Clean Energy Financing?

Clean Energy Financing is the key to reducing your home energy costs. But what home energy upgrades are homeowners installing to make their homes more affordable to heat? Let’s find out.

Heat pumps and insulation keep Nova Scotian homes cozy

Homeowners looking to save money on energy bills and keep their home a comfy temperature in all seasons are making the following upgrades:

• Installing heat pumps
• Insulating their basements
• Adding insulation to their attics

Why are these common upgrades for Clean Energy Financing?

For an upgrade, or set of upgrades, to be approved for Clean Energy Financing it must meet our 1:1 debt-to-savings ratio. This ensures that any changes you make to your home will save you money over time.

Heat pumps in particular work well for Clean Energy Financing because they’re an extremely efficient source of heat, especially in homes where they’re replacing electric baseboards or older oil furnaces.

Insulation is a common upgrade because it greatly reduces heat loss in your home. Having the right amount of insulation in your basement or attic helps your home stay at a consistent temperature, which means your heating equipment doesn’t have to work as hard.

How does Clean Energy Financing help?

Through Clean Energy Financing, you still get access to any available rebates for common upgrades like heat pumps and insulation. Our Home Energy Advisors will also help to recommend upgrades to ensure they’re right for your home and can review quotes from contractors to help estimate your payback period.