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?
Just complete a single home application form [XLS, 224 KB] or a bulk application multi-unit development form [XLS, 628 KB] and send it to us along with copies of all relevant receipts and invoices.
To receive an EnerGuide rating, start by contacting us in your early planning stage or learn more about the EnerGuide Rating Service.
Marketing Support
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.
