Investing in new insulation for your home can pay off in terms of energy savings. But with insulation rebate programs like those offered by B.C. Hydro, the decision becomes even more appealing.
If you upgrade your attic, wall, or basement insulation, you can improve home comfort, reduce energy use, and receive a substantial rebate.
BC Insulation Rebates Overview
Under the B.C. Hydro renovation rebate program, homeowners can get a rebate of up to $1,200 for insulation upgrades.
The rebate amounts depend on the R-value, which measures the insulation’s resistance to heat flow. The higher the R-value, the better the insulation.
Key Rebate Amounts
- Attic insulation: $0.02 x R-value added x square foot (up to $900)
- Basement/crawlspace and exterior wall insulation: $0.09 R-value added x square foot (up to $1,200)
- Exterior wall cavity insulation: $0.09 x R-value added x square foot (up to $1,200)
- Exterior wall sheathing insulation: $0.09 x R-value added x square foot (up to $1,200)
- Other insulation: $0.07 x R-value added x square foot (up to $1,000)
These rebates provide significant support for homeowners who want to make energy-efficient upgrades that can save at least 10% on energy costs.
Eligibility Requirements
Not all insulation products are eligible, so check if your project qualifies first.
The program offers rebates for several types of insulation: batt, loose fill, board, and spray foam.
Every area of the home requires a minimum R-value: R12 in attic spaces and R10 in basement walls, for example.
A certified insulation contractor in the Home Performance Contractor Network (HPCN) must also install the insulation. Prior to installation, any existing problems, such as rodent damage or pest infestations, must be addressed.
Installation Guidelines
One requirement for those who can take advantage of the rebate is to ensure any new insulation is up to code. The rebate is calculated based on the difference between the new insulation’s R-value and the existing insulation.
Insulation removed due to mold or pests would qualify for the rebate on the new material installed versus the pre-existing insulation.
Applying for the Rebate
To apply for the insulation rebate, you must submit your application within six months of the invoice date, receive the insulation from an approved retailer, and submit the correct invoice.
The invoice needs to be in a specific format and include certain details. Refer to this sample invoice to see what’s required.
Bonus Rebates for Bundling Upgrades
Further rebates are available if homeowners bundle other home improvements and insulation upgrades. A homeowner can raise their total rebate by $300 to $2,000, further reducing the cost of energy-efficiency improvements.
This is all part of the B.C. government, BC Hydro, and FortisBC’s effort to increase the rate of energy-saving home improvements.
The insulation rebate program offered by B.C. Hydro is an amazing opportunity for homeowners who want to improve energy efficiency and lower expenses.
Knowing the amount of the rebates, how to qualify, and how to get them will help you take advantage of the program.
Call HD Horne today so we can answer any other questions you might have!
