A home energy assessment can maximize your savings

Apply online, find a branch, or call 1-866-525-8622

In a recent poll¹, 70% of homeowners agreed that environmental sustainability is important when it comes to homeownership and renovations. Small changes to your home can make a significantly positive impact on the environment. Read below to learn about why you should consider prioritizing your home’s energy efficiency and how to get started.

Why should I make my home greener?

To save up to 50% on utility costs²
To minimize your carbon footprint and make your home healthier for those living in it
To increase your property’s value in the long term

Where do I start?

If you want to take action but aren’t sure what types of home upgrades will be impactful, begin by scheduling a home energy assessment with a licensed NRCan service provider Opens in a new window..

How a home energy assessment works

During a home energy assessment, a professional inspector will visit your home and conduct a top-to-bottom review of the heating and cooling systems, insulation and other energy sources. The inspector will also conduct a “blower door” test to detect air leaks and drafts. Afterwards, you’ll receive a comprehensive report of their findings and recommendations to improve energy efficiency, including an energy performance rating (EnerGuide) which could make you eligible for financial incentive or rebate programs.

Sample renovation upgrade report (PDF, 1.8 MB) Opens in a new window.

Choosing to implement all, some or none of the recommendations will be your decision to make.

How much will it cost?

The price of a home energy assessment varies across Canada and is dependent on factors like the location and size of a home². However, the government will provide a partial reimbursement for home assessment and retrofit costs to qualified recipients of the Canada Greener Homes Grant Opens in a new window..

Learn more about home energy assessments Opens in a new window..

For other easy hacks to make your home more energy efficient, check out our guide to home energy savings.

¹ CIBC Consumer Insights Poll, March 2022

² Energy efficiency appliances, Save On Energy Opens in a new window.

Let CIBC make your home renovations possible

The CIBC Home Power Plan® combines a mortgage loan with a home equity line of credit. Enjoy ongoing access to funds at a low interest rate, which can help you access extra funds for your renovation.

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Already have a Home Power Plan?

To review your details, request a call or contact us at 1-800-669-5921 Opens your phone app..

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