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As an added bonus, you’ll also end up saving on energy bills! Homeowners who upgrade their heating and cooling systems to more energy-efficient models can qualify for government and utility rebates. By purchasing these more efficient systems you can receive as much as $10,000 in rebates. Let’s talk about which products fall under the rebate category, the different types of government rebates available for installing energy conscious heating and cooling equipment, how to get started and more.
Canada offers many reimbursement opportunities for upgrading your home comfort systems, including furnaces, air conditioning and water heaters. A great example of this is the Ontario Heating and Cooling Incentive. It is available for businesses and residents who have purchased and installed eligible central heating or central air conditioning equipment through a participating contractor. You can receive up to $650 when you participate in this incentive alone. Other incentives include:
Saving energy saves you money and reduces your impact on the environment. ENERGY STAR is the mark of high-efficiency products in Canada. Their qualified products meet strict technical specifications for energy performance—tested and certified. The Government of Canada website lists all the rebates and incentives for select ENERGY STAR® qualified products in Canada listed by province.
With as much as 60% of an average home's energy use going towards heating and cooling costs, it makes sense to consider the energy-efficiency of your furnace and central air conditioning units. While upgrading is not a small investment, the grants and rebates will help and over time you’ll spend less on your energy costs. The latest high-efficiency models not only use less energy, they are also quieter, easier to maintain and can even improve your home’s air quality.
In order to promote energy-efficient homes, Canada’s federal and provincial governments have programs to help when you build, buy or renovate. Even some municipal governments have rebate and grant programs. Some aim at simply reducing your personal energy consumption. Rebate programs can make your eco-friendly investments pay back even faster.
To qualify for incentives, your new system must be purchased from and installed by a participating contractor. Mr. Furnace is part of the saveONenergy program for residential customers, so talk to us today to find out what rebates for furnaces and air conditioners are available in your area.