PEI generates roughly a quarter of its electricity from island wind farms and imports most of the rest. Several provincial efficiency and solar rebates were paused in the April 2026 budget — so it pays to check what's open before you plan.
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.
Maritime Electric's net-metering program credits surplus renewable generation at the retail rate for systems up to 100 kW.
Retail-rate net metering and some of the highest power rates in Atlantic Canada keep Island solar attractive, even with the provincial solar rebate paused in 2026.
PEI has pushed cold-climate heat pumps hard. Some programs were paused in 2026, but 0% heating loans and free insulation for eligible homes may still be available — check the finder.
The province's energy strategy leans on expanded wind plus storage to shrink imports and cap rates.
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 2026-10Province of PEI — Free insulation for homeowners with household income of $55,000 or less.
Official program page ↗Last reviewed 2026-10efficiencyPEI / Summerhill Connect — Free air sealing and efficiency upgrades for owners or renters with household income of $50,000 or less.
Official program page ↗Last reviewed 2026-10Province of PEI — Rebate on new or used EVs ($4,000) and plug-in hybrids ($2,000). Paused since April 15, 2026.
Official program page ↗Last reviewed 2026-10efficiencyPEI — Rebates on cold-climate heat pumps, geothermal, efficient heating, water heaters and biomass. Paused in the spring 2026 budget.
Official program page ↗Last reviewed 2026-10Province of PEI — Free electric water heater for income-qualified homes (≤$55,000) currently heating water with oil or propane.
Official program page ↗Last reviewed 2026-10efficiencyPEI — Discounted home energy audits to find your biggest savings.
Official program page ↗Last reviewed 2026-10efficiencyPEI — Grants for insulation, air sealing and ENERGY STAR windows and doors after an energy audit.
Official program page ↗Last reviewed 2026-10efficiencyPEI — Rebates for new homes built well beyond code (e.g. 20% better or R-2000).
Official program page ↗Last reviewed 2026-10efficiencyPEI — Rebates for landlords of long-term rentals on mini-split heat pumps, insulation and electric water heaters.
Official program page ↗Last reviewed 2026-10efficiencyPEI — Rebate of $1,000/kW (up to 40% of cost, max $10,000) for home solar. Paused while 2026–27 funding is decided; pre-approved projects can proceed.
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 2026-10Province of PEI — Interest-free loan to replace or upgrade home heating in a year-round primary residence, repaid over 10 years.
Official program page ↗Last reviewed 2026-10City of Charlottetown / SwitchPACE — Financing for home energy upgrades repaid through property taxes.
Official program page ↗Last reviewed 2026-10Town of Stratford / SwitchPACE — Financing for home energy upgrades repaid through property taxes.
Official program page ↗Last reviewed 2026-10Finance PEI — Loan covering pre-approved upgrades for homeowners approved under efficiencyPEI equipment, insulation or solar rebates.
Official program page ↗Last reviewed 2026-10