Thursday, January 29, 2009

Energy Efficient Savings

There are two great programs offering savings to those who purchase or upgrade their home to be more energy efficient.

Mortgage Insurer Rebate Program: Both CMHC and Genworth offer a 10% premium rebate for individuals who either purchase an energy efficient home or upgrade their home to be more energy efficient. Homes must be an energy efficient R-2000 model or have an energy rating of 77 or more.

STEP 1: Find out how energy efficient the home is
STEP 2: Boost the energy rating!
STEP 3: Arrange a CMHC or Genworth insured mortgage
STEP 4: confirm the improvements (if applicable)
STEP 5: Get your refund!
Please click on the following links for more information on these programs:
CMHC or Genworth

ecoENERGY Retrofit: Similar to the above mentioned rebate programs, the ecoENERGY Retrofit grant is based on the type and number of energy efficient improvements made, and how energy efficient the home improvements are.
The improvements don’t have to be complicated! They can be as simple as installing energy efficient windows or basement insulation!
STEP 1: Obtain a home energy assessment before and after your upgrades
STEP 2: Complete the improvements either on your own or hire a contractor (Document your renovations with receipts, photos, product guides)
STEP 3: You have 18 months from the date of the first assessment to complete the upgrades and complete a second energy assessment
Please click here for more information on the ecoENERGY Retrofit

More useful links on other Canadian rebates and grants!
Rebates and incentives for Selected Energy Star Qualified Products in Canada
Energy Star Home Appliances
EnerGuide and R-2000 Ratings
Bullfrog Power

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