How much does an energy upgrade cost?
The cost of an energy upgrade varies depending on the types of work that need to be done to a building. If the full scope of work needs to be done, however, this can include the cost of increased insulation and a heat pump, which can be significant.
How much money will I save by doing an energy upgrade?
Since an energy upgrade uses multiple techniques to improve a building's performance, costs and savings can vary. However, our recent pilot program showed that the average upgrade cost was about $30,000 to achieve a 50 per cent reduction in energy demand, and that savings from the project will ultimately pay for the cost of installation.
Why am I hearing more about energy upgrades now?
Because the cost of living has increased and because the climate emergency has become more acute, energy upgrades are a primary tool to address both of these crises at once.
How can a home energy upgrade help the climate?
In the Halifax Regional Municipality, the majority of greenhouse gas emissions come from our building stock. Because so much of our buildings still rely on fuel oil for heating, we have especially carbon-intensive infrastructure. Performing a home energy upgrade can help us bring those emissions down and, as a result, fight climate change.