Hydro-Québec’s LogisVert Efficient Homes Program: Helping you be more energy wise
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As a member of the Corporation des propriétaires immobiliers du Québec (CORPIQ), you know how important it is to maximize your investment. That’s why we’re delighted to present the new LogisVert Efficient Homes Program, which offers financial assistance to make buildings more energy efficient.
The ideal program for a profitable energy transition
The LogisVert Efficient Homes Program aims to encourage the adoption of energy efficiency measures in residential buildings. By participating, you’ll benefit from financial assistance to purchase and install energy-efficient equipment and carry out work that will enhance the energy performance and value of your building and make it more attractive to tenants.
Tangible benefits for building owners
As an income property owner, you have a lot to gain from the program:
1. Get financial assistance
The LogisVert Efficient Homes Program offers financial assistance to upgrade your building by making it more energy efficient and more attractive to tenants. You may even lower your operating costs in the long term.
2. Benefit from better financing conditions
In addition to the financial assistance from Hydro-Québec, there’s another great reason to participate in the program: you could benefit from more advantageous financing conditions—like a better lending rate on a loan—to carry out your energy efficiency projects.
3. Demonstrate your proactivity
Implementing energy efficiency measures means adopting a proactive strategy for the mandatory GHG emissions disclosures required by the city of Montréal and those currently being developed by the government of Québec. Early compliance will certainly place you in a favorable position.
4. Fast-track your Certificate in ESG Investing
Social and environmental responsibility is an increasingly important criterion for investors and tenants. Your participation in the LogisVert Efficient Homes Program is a way to prove your commitment to sustainability and can even facilitate the process to earn your Certificate in ESG Investing—a valuable asset that will enhance your brand image.
5. Integrate a heat pump into your energy efficiency strategy
Of all the recommended energy efficiency measures, installing a heat pump can really make a difference. Because it uses up to three times less energy than standard electric baseboard heaters, a heat pump can generate substantial savings in the long term.
What’s more, under the LogisVert Efficient Homes Program, Hydro-Québec offers up to $6,700 in financial assistance to cover the installation costs. It’s a generous financial boost that will help you recoup your investment in no time.
Conclusion
Hydro-Québec’s LogisVert Efficient Homes Program provides property owners with a unique opportunity to optimize the energy efficiency of their buildings and take advantage of financial and strategic benefits. The implementation of measures like a new heat pump is an investment in a more sustainable future for everyone.
To learn more, get in touch with the LogisVert Efficient Homes Program team or visit the program webpage.