Ontario funneling $900 million in energy retrofits to social housing, apartments
May 27, 2016 - Ontario says it’s investing $900 million over four years from cap and trade proceeds to support people who rent by retrofitting social housing apartments and providing grants and rebates for residential multi-tenant buildings.
By Renée Francoeur
As part of the Climate Change Action Plan, which will be released later this spring, the province will invest up to $500 million to retrofit social housing apartments with energy efficiency and renewable energy technologies such as energy-efficient windows, and thermal insulation on piping and other mechanical systems. Indigenous social housing would also be eligible for retrofits under this program.
Ontario says it will also help improve energy efficiency in private residential apartment buildings by investing up to $400 million in an incentive program that will offer rebates or grants toward the purchase and installation of energy efficient technologies, like boiler replacements and lighting retrofits.
To ensure that carbon pricing does not negatively impact tenants and that private building owners take advantage of retrofit programs, the province adds it will also consult on and develop options to make it illegal to pass these costs onto tenants.