Power Smart New Home Program
OUTSTANDING NEW HOMES
Set your development apart by making it Power Smart. Now with even greater incentives reaching up to $3,000 per home, the Power Smart New Home Program helps builders & developers build energy-efficient homes.
Incentives for builders, developers, builder-owners
Your buyers want cost-efficient and comfortable homes. With expected changes to the BC Building Code on their way, you're also under increasing pressure to build to higher energy-efficiency standards.
In partnership with FortisBC, our Power Smart New Home Program offers financial incentives to builders, developers and builder-owners to help offset costs to build to this higher standard. Achieve an EnergGuide Rating of 80 or higher and receive up to $2,000 per home, and up to $200 for qualified ENERGY STAR® products.
As a builder,developer or even an owner choosing to build your own home, you can choose one, two, or all available incentives on qualifying developments*.
* Certain terms and conditions apply.
** Multi-unit residential buildings are also eligible for this incentive up to $200 per unit.
Ready to apply?
Participating developments are showcased on our Featured Developments page as a resource for home buyers to find energy-efficient homes.
When you promote Power Smart in your advertising, we'll share the cost with you. Eligible developments can receive $125 per home, to a maximum of $7,500 a year.
See the co-op advertising application form [PDF, 601 KB] for more details.
Home buyer savings and benefits
A Power Smart home uses up to 30 per cent less energy than an average home in today's market — that means up to 30 per cent savings on the home buyer's energy bill.
An energy-efficient home is also a healthier home. In addition to energy-efficiency, Canada Mortgage and Housing's Corporation's Five Essentials of Healthy Housing include occupant health, resource efficiency, environmental responsibility, and affordability.
For further details, see The Five Essentials of Healthy Housing.