The International Energy Agency report, “Net Zero by 2050: A Roadmap for the Global Energy Sector” identifies energy efficiency as the first of seven net-zero emissions pillars, observing that energy efficiency measures are front‐loaded, and will play their largest role from now until 2030.
Residential energy efficiency is recognized as an important contributor to overall conservation. The Government of Canada has invested over $15 billion in programs to help Canadians upgrade their homes and in turn, save up to hundreds of dollars per year on their energy bills. These programs include Natural Resources Canada’s Canada Greener Homes Grant Program, Canada Mortgage and Housing Corporation’s Canada Greener Homes Loan Program and Natural Resources Canada’s Oil to Heat Pump Affordability Program.
With heating and cooling accounting for about half of the average household’s annual energy consumption, adoption of high-efficiency HVAC equipment is key to achieving utility savings objectives. HomeServe, a leading provider of utility-sponsored home protection solutions, offers residential heating and cooling protection plans that can increase YES decisions for heat pumps, mini-splits, and other high-efficiency systems to replace failing equipment.
The solution’s educational customer outreach and face-to-face interaction with repair professionals reinforces energy efficiency awareness and “primes the pump” for decisions at the end of equipment life. Upon equipment failure, HomeServe can offer high-efficiency replacement options.
