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July 13, 2025 10 mins

Well, we are in the thick of summer — my favorite season. Those who know me know that’s absolutely not true. I loathe summer. It’s my least favorite season. However, there are ways to stay cool and save thousands. In this episode, I’ll be sharing five summer energy-saving tips, plus Ontario rebates explained.

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.  

Summer cooling costs can take a bite out of your monthly budget. But with smart planning — and a little help from federal, provincial, and local rebate programs — you can make your home more comfortable and energy-efficient.

Program Round‑Up

  • Federal Tax Credit: 30% off qualifying heat pumps (up to $2,000)
  • Ontario Home Renovation Savings Program: up to 30% rebate on renovations (heat pumps, insulation, windows, smart thermostats); up to $12K for heat pumps or $10K for bundled upgrades as electricity-heated home
    EcoFlow
    IESO+2
    Save on Energy+2
    Toronto Hydro+2
    en.wikipedia.org+5
    Dynamic Heating and Cooling+5
    Reddit+5
  • Canada Greener Homes Grant: supports pre‑audit and insulation/heat pumps/windows
    • CoolSaver: instant discounts for AC tune‑ups and replacements in eligible areas
      Toronto Hydro
    • Energy Affordability Program: low‑income households get free smart thermostats, LED bulbs, insulation, etc.
      Toronto Hydro+1
      ClimateCare+1
  • Municipal: City of Toronto’s Eco‑Roof Incentive (cool/green roofs) and the Energy Retrofit Loan Program for low‑interest funding on HVAC/solar upgrades

By combining smart products like high-efficiency heat pumps and smart ceiling fans with powerful Ontario and federal rebates, you can significantly reduce summer cooling costs and create a more comfortable, greener home. Listen, act early—many programs have limited funds!

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