Alair Homes

My previous post in Part I of this series “Future-Proofing your Investment” delved into some of the details of building a new home to the Net Zero standard. Ok, that’s great, but what if I already have a home and I am considering a major renovation? What if I simply want to increase my R-value by adding insulation? What is the benefit of doing any of this if it is just going to be an additional expense creating a long-term payback too difficult to justify or finance? Or, If I could finance, can it be justified?

Well, glad you asked? Times are truly changing. Policies at the Municipal, Provincial and Federal level are evolving rapidly, making it necessary to achieve and measure a higher degree of energy efficiency in both new and used building stock. We now know, and acknowledge Climate Change across the globe is here and responsible practices are necessary. This awareness is driving the desire to be responsible with the way our future building industry conducts itself to address these challenges and, as a result, we are seeing some new incentives and rebate programs being introduced to offset the costs of Renovation and building upgrades.

One example of this is the latest GreenON Rebate program recently rolled out in Mid December 2017 in the Province of Ontario: Here is just a sampling of the rebates now available to anyone considering upgrading their existing home.

1. Ductless Air Source Heat Pumps – $1,900

 

2. Ductless Multisport Air Source Heat Pump – $2,500 for exterior unit and the first two interior units plus $250 for each additional interior unit attached to the same exterior unit, up to a maximum Participant Incentive of $4,250.

 

3. Ducted Air Source Heat Pump – $3,250

 

4. Cold Climate Ductless Air Source Heat Pump – $2,500

 

5. Cold Climate Ductless Multisport Air Source Heat Pump – $3,000 for one exterior unit and the first two interior units plus $400 for each additional interior unit attached to the same exterior unit, up to a maximum Participant Incentive of $5,800.

 

6. Cold Climate Ducted Air Source Heat Pump – $5,500

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