The New Brunswick government is investing $2 million to help low-income homeowners save money and reduce greenhouse gases.

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Environment and Local Government Minister Bruce Fitch said this will help low-income New Brunswickers reduce energy costs and their carbon footprint.

In November, The Low Income Efficiency Program will start identifying eligible homes. It will target homes in need of major efficiency upgrades, especially insulation and heating systems, resulting in significant energy savings for homeowners.

About 100 energy retrofits are expected to be completed this fiscal year and another 300 in the following fiscal year.

These retrofits will result in average monthly savings of $50 to $100.