Looking for retrofit funding?

See which funding program might help with your project, and let BCNPHA’s Asset Management team guide you through the decision-making process

There is $800 million in deferred maintenance for the non-profit housing sector in BC. With a long list of other urgent responsibilities, building energy management and optimization can get overlooked until a society’s aging infrastructure is in a critical state.

Let us help you prioritize projects early to maximize financial incentives and enable your portfolio’s longevity. We can coach you through the labyrinth that is energy efficiency prioritization and incentive management. So, where can we start saving money and reducing green house gases? It depends on many factors, but this chart will help you get started.

There are many options for retrofit funding, with a number of variables depending on the project, your building type and your organization. Please contact us if you have questions or would like more information, we’re here to help!

Social Housing Retrofit Support Program (SHRSP)

What is Incentivized?
$5000 towards an energy study to help identify energy saving measures in common areas.
$7000 toward project implementation support. Rebates for HVAC, windows, insulation, commercial kitchen equipment, water heaters, LEDs and Variable Speed Drives (VSDs)

Eligibility
Fortis BC or BC Hydro customer with 9+ units

Who is does it help
Care Home, SROs, Multi Unit Residential Buildings (MURBs), some townhouses and rowhouses. Some shelters, churches, offices, stores and community centres.

Energy Efficiency Retrofit Program (EERP)

What is Incentivized?
Boilers, domestic hot water tanks, and lighting retrofits. Some make up air (MUA) units, heat pumps and furnaces on a case by case basis.

Eligibility
Requires BC Housing operating agreement. Smaller projects under $100K cap per building. Society needs to be in good standings with BC Registry and commit to 10 years of social housing.

Who is does it help
Care Home, MURBs, and some townhouses and rowhouses

Capital Replacement Fund (CRF)

What is Incentivized?
Funding building remediation projects that includes improving a building’s seismic or fire-safety, or energy performance

Eligibility
Minimum total funding per building is $250,000. Requires a remortgage. Building has BC Housing Operating Agreement (OA) or in some cases, recently ended OA.

Who is does it help
Care Home, SROs, MURBs, shelters and some townhouses and rowhouses.

Social Housing Incentive Program (SHIP)

What is Incentivized?
Fuel Switching and low carbon electrification (LCE). Gas make up air (MUA) units to heat pump or gas boiler. Domestic host water (DHW) to heat pump. Envelope and insulation in gas heated buildings. Funds engineering supports when implementing low carbon emission measures. SHRSP and SHIP are partnered funding programs. SHIP pays $70/tCO2e of lifetime savings up to a maximum of 75% of a project’s incremental cost and not exceeding $200,000.

Eligibility
Fuel switching projects and LCE projects only. Must be in good standing with BC Corporate Registry. Project must reduce 500+ tonnes of CO2 equivalent (tCO2e) over measure lifetime.

Who is does it help
Non-profit housing societies, housing co-operatives or municipal housing authorities that operate multi-unit residential buildings. The program complements the SHRSP program.

Energy Conservation Assistance Program (ECAP)

What is Incentivized?
Free direct install of energy-saving light bulbs, high efficiency showerheads, faucet aerators, pipe insulation and weather-stripping. Depending on eligibility, an ENERGY STAR® refrigerator, insulation in walls, attic, and/or crawlspace, and/or a high-efficiency gas furnace.

Eligibility
Fortis BC or BC Hydro customer

Who is does it help
Income qualified single family homes, Townhouses, rowhouses and MURBs

Home Renovation Rebate Program (HRRP)

What is Incentivized?
Furnaces, boilers, electric baseboard retrofitted to heat pumps, domestic water heaters, windows and envelope

Eligibility
Must be gas heated housing. Stacked town houses are not supported. Utilize ECAP for free insulation and furnaces prior to applying for this program.

Who is does it help
Single-family home, duplex, row home, townhouse

Municipal Top Ups

What is Incentivized?
Converting to electric heat pump space heating from fossil fuels, electric service upgrades and home audits

Eligibility
Top up availability changes in each geographic area.

Who is does it help
Commercial utility customers

Business Energy Saving Incentives (BESI)

What is Incentivized?
HVAC, Lighting, motors, pumps, refrigeration.

Eligibility
Program no longer incentivizes LED MR16 or LED hardwired from incandescent bulbs.

Who is does it help
Commercial utility customers

Custom from Hydro BC

What is Incentivized?
Energy Study Funded up to 50% of study cost to a maximum of $20,000. Incentives funded up to 50% of the project’s incremental cost to a maximum of $200,000 based on a rate of $40-$60/tC02e. Products incentivized are heat pumps, heat recovery chillers, electric boilers and heat recovery ventilators (HRVs).

Eligibility
Can receive up to $200,000 which can be used across multiple projects or properties. Custom Lighting Program requires a minimum energy savings of 50,000 kWh/year to qualify.

Who is does it help
Commercial utility customers

Fortis Commercial Product Rebate

What is Incentivized?
Furnaces, heat pumps, boilers, insulation, appliances, EV charging stations, windows and lighting projects

Eligibility
Incentives availability based on geographic area.

Who is does it help
Commercial utility customers

Financing

What is Incentivized?
Vancity and Coast Capital offer loans. Benefits can include preferred interest rates, financing up to 100% of your capital upgrades and flexible repayment terms. Creditor insurance is available.

Eligibility
Age of building and annual revenue requirements vary by financing product.

Who is does it help
Businesses, not-for-profit organizations, housing co-operatives and property-managed strata

Canada Mortgage and Housing Corporation (CMHC)

What is Incentivized?
Financing or loan renewals with low rates, equity capital investments, interest free loans and non-repayable contributions. Maximums of 95% of projected covered by loan and $250K per project funded.

Eligibility
Can require 20% of units to be renovated to become accessible. Can require a federally administered operating agreement.

Who is does it help
Non-profit housing and co-ops

Federation of Canadian Municipalities (FCM)

What is Incentivized?
Loans and grants to integrate leading-edge deep energy efficiency measures, fuel switching, and onsite renewable energy generation.

Eligibility
A minimum threshold of 25% reduction in energy consumption must be achieved. A maximum of 10% of the energy reduction can come from onsite renewable energy generation.

Who is does it help
Pre-construction and existing non-profit housing and co-ops

Related Links

Helpful info you need to support your work in BC’s non-profit housing sector.

Retrofit Coaching

This full-spectrum service will identify and determine the best efficiency opportunities.

Learn More

Energy Audits

Start saving energy with a detailed energy audit.

Learn More

Boiler & Tank

Energy-efficient boiler and tank options that deliver cost savings and rebates.

Learn More

Case Studies

The Energy Conservation Assistance Program helped posAbilities incorporate energy-saving measures in their affordable housing building.

Learn More