Embrace Green Living and Save on Your Insurance Premium!
Starting September 7, 2023, Eco Improvement allows you to apply for a 25% partial premium refund on your CMHC insurance – that’s a win for you and a win for the environment!
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CMHC's Eco Improvement
Apply for a partial premium refund of 25% if you’re CMHC insured and working on energy efficient renovations to your recently purchased home.
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CMHC's Eco Improvement
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CMHC Eco Improvement aims to reduce the environmental impact of housing by supporting energy-efficient improvements. Apply for a 25% partial premium refund if you’re insured with CMHC and you’re spending at least $20,000 in energy efficient renovations. The program is available for both home buyers and individual condo buyers.
It aligns with CMHC's commitment to combat climate change and the Canadian government's goal of carbon neutrality by 2050.
Am I eligible?
Qualifying for the Partial Premium Refund
We believe in rewarding homeowners who take eco-conscious steps. To be eligible for Eco Improvement you must:
- be a homeowner with CMHC-insured financing
- allocate a minimum of $20,000 for energy-efficiency improvements that fall within any of these 3 categories:
- Building envelope (e.g., insulation, windows, doors, roof, attic, air tightness and foundation)
- Mechanical systems (e.g., HVAC - Heating, Ventilation and Air Conditioning, heat pump systems)
- Renewable energy systems (e.g., solar, wind, geothermal)
By purchasing an existing home and completing energy efficiency improvements, you not only increase the value of your property but also become part of the solution in reducing housing's impact on climate change.
How to get your refund
After closing your mortgage, eligible borrowers have 2 years to submit the refund request, along with the necessary supporting documentation, directly to CMHC. It's easy, convenient, and hassle-free!
How to Get Your Premium Refund
If your home meets the energy efficiency requirements and you have CMHC mortgage loan insurance, you can apply for the Eco Improvement refund.
Make sure you have documentation to show the renovations you’ve completed, such as:
- paid invoices confirming completed measures and amount spent
- EnerGuide Renovation Upgrade Report and EnerGuide Label (if available)
Time limit for the eligible supporting documentation
Supporting documentation may be used for up to 5 years, including for subsequent purchasers.
Apply today
IMPORTANT!
Your application must be submitted within 24 months (2 years) of the closing date of your mortgage.
1. Download and complete the application form.
2. Send us the completed application form with your home’s energy certificate or report:
- Email: eemrefund@cmhc-schl.gc.ca
- Fax: 1 800 245-9274
- Mail: 700 Montreal Road (Suite 1000), Ottawa, Ontario, K1A 0P7
Why You Should Apply for CMHC Eco Improvement?
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Save on Your Insurance Premium
Receive a partial refund of 25% on your CMHC insurance premium when you invest in energy-efficient upgrades, making your home more comfortable and eco-friendly. -
Contribute to a Sustainable Future
Take an active role in reducing housing's impact on climate change while lowering your energy costs. -
Flexibility in Financing
Finance the energy-efficiency improvements using CMHC-insured financing (purchase with improvements) or within 2 years of your mortgage closing date. -
Straightforward Application Process
Apply for the Eco Improvement premium refund by completing the application form and submitting it with the necessary supporting documentation directly to CMHC.