No. In fact, the amount of grant they receive will actually increase by 25%. So the amount of grant that goes to the homeowner is actually increasing by about 25%, up to $5,000. So we think that's significant.
In fact, under our program, and you've heard me say this before, I know, around 50 cents of every dollar either went to administration or audits, and now the homeowner is required to buy in. So when they come in and pay for their own audits and they carry through and get the retrofits done, in fact at the end of the day they'll be better off. They'll get a much larger grant back from the federal government. But of taxpayers' money, over 90 cents of every dollar will go to energy efficiency or in effect reducing greenhouse gases, as opposed to 50 cents from the previous government's program.
That is where it was inefficient. That's where we wanted to make some changes. The Prime Minister is demanding accountability. In all of these initiatives that we're putting forward, we're following up. We'll make sure that they're working and they're delivering results.
We think we have some good programs happening here. I admit they're very different from the previous Liberal government, but they simply weren't doing the job, and we're going to be held to account in our records. So we're quite proud of our programs that we've put forward.