Through monthly payments on a customer’s electricity bill, takeCHARGE is partnering with the Government of Newfoundland and Labrador to subsidize the financing required to purchase and install a qualified heat pump, insulation, and/or home energy assessments. The subsidy will take the form of a lower interest rate. Each year, a cap or maximum amount of subsidy will be provided.The Program aims to reduce the cost of energy efficiency upgrades so that homeowners can save money on their energy bills while also improving their home’s comfort.