With Churchill Falls and Muskrat Falls, NL's grid is overwhelmingly hydro — so the homeowner opportunity is electrifying heat efficiently and tightening up homes against the North Atlantic climate.
Approximate figures from public federal and provincial energy profiles — every home and utility territory differs, so treat these as the starting map, not the destination.
Newfoundland Power and NL Hydro offer net metering for renewable systems up to 100 kW, within a provincial capacity cap.
Most NL homes heat with electric baseboards or oil — a cold-climate heat pump cuts that bill by half or more, with utility financing available.
Wind-driven rain and long heating seasons make insulation and air sealing the highest-return upgrades on the island.
Some of North America's strongest onshore winds are drawing major green-hydrogen and wind investment to the province.
Federal programs apply everywhere and usually stack with local ones. Program terms change — confirm details on the official page before applying, and or search by your exact address to add municipal programs.
Canada Revenue Agency — Faster tax write-offs for businesses investing in qualifying clean-energy equipment such as solar. Generally not available to homeowners for a principal residence.
Official program page ↗Last reviewed 2026-10Transport Canada — Point-of-sale incentive on a new electric or plug-in hybrid vehicle, applied by an enrolled dealer. Vehicles must be made in Canada or a free-trade partner country, and non-Canadian-made vehicles must cost $50,000 or less after discounts.
Official program page ↗Last reviewed 2026-10Canada Revenue Agency — Recover part of the GST or federal share of HST paid on a newly built or substantially renovated home used as a primary residence.
Official program page ↗Last reviewed 2026-10Government of Canada (Environment and Climate Change Canada) — A new federal rebate for homeowners who install an eligible heat pump. You apply online, with no energy audit needed. Approval is promised within 24 hours, and payment within five days of submitting receipts.
Official program page ↗Last reviewed 2026-10NL Housing Corporation — Grants for energy retrofits for low-income homeowners (income about $32,500 or less).
Official program page ↗Last reviewed 2026-10takeCHARGE (Newfoundland Power & NL Hydro) — Rebates for adding insulation (including duct insulation), air sealing and installing a heat recovery ventilator.
Official program page ↗Last reviewed 2026-10takeCHARGE / NL Hydro — Free energy-saving products and installs for homes in diesel-powered remote communities.
Official program page ↗Last reviewed 2026-10takeCHARGE (Newfoundland Power & NL Hydro) — Rebates for switching oil-heated homes to heat pumps (mini-split, multi-split or central), including needed panel upgrades. Higher amounts for income-qualified households.
Official program page ↗Last reviewed 2026-10takeCHARGE (Newfoundland Power & NL Hydro) — No-cost heat pump and insulation retrofits for low- and median-income homeowners, funded with the Canada Greener Homes Affordability Program.
Official program page ↗Last reviewed 2026-10CMHC — A partial refund of your CMHC mortgage loan insurance premium when you buy or build an energy-efficient home.
Official program page ↗Last reviewed 2026-10RBC Royal Bank — A bank loan for energy-efficiency upgrades to your home.
Official program page ↗Last reviewed 2026-10Canada Guaranty — A partial mortgage insurance premium refund for borrowers who buy or upgrade to an energy-efficient home.
Official program page ↗Last reviewed 2026-10Sagen — A mortgage insurance premium refund for buyers of energy-efficient homes, or for owners who complete energy-saving renovations.
Official program page ↗Last reviewed 2026-10Newfoundland Power — Financing for heat pumps and upgrades, repaid on your monthly power bill.
Official program page ↗Last reviewed 2026-10NL Hydro — Financing for heat pumps and insulation for NL Hydro residential customers, repaid on the bill.
Official program page ↗Last reviewed 2026-10