Right now is the best time to replace your inefficient furnace, air conditioner, or water heater. With the economic slowdown and an urgency to reduce our carbon footprint the Federal and Provincial Government are offering consumers outstanding rebate programs. The table below summarizes some of the rebates offered by the federal and provincial government, Enbridge and Ontario Power Authority (OPA).
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Plus take advantage of our special of the month offer:
FREE EcoEnergy Audit
+
10-Year Parts and Labour Warranty
With the purchase of a high efficiency furnace, air conditioner, and tankless water heater. Look at the flyer to the right for more details.
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NOTE: In addition to all rebates listed below, your purchase may include an additional up to $1350 tax credit (Home Renovation Tax Credit-HRTC) if applicable.
| Component |
Example |
Federal |
Prov. |
Enbridge |
OPA |
Total |
| Furnace |
Replace: HE Furnace-Single or 2 stage 92% |
$375 |
$375 |
$100 |
|
$850 |
| Furnace |
Replace:
-HE Furnace-DC Motor 92%
-HE Furnace-DC Motor 94%
-HE Furnace-DC motor first condensing system.
- Oil to Gas. |
$625
$650
$790
|
$625
$650
$790
$250
|
$100
$100
$100
|
$125
$125
$125
|
$1,475
$1,525
$1805
|
Boiler
|
Replace: High Efficiency Condensing Boiler |
$750 |
$750 |
$100 |
|
$1600 |
| Heat Pump |
Replace: A/C with Air Source Heat Pump-14.5 Seer.
New: Air Source Heat Pump
|
$750
$500 |
$790
$500 |
|
$250
|
$1750
$1000 |
| Air Conditioning |
Replace:
-14.5 SEER
-15 SEER or higher (tier II) |
$250
$250 |
$250
$250 |
|
$250
$250 |
$750
$900 |
Water Heater
(Tankless) |
Rinaii-Regular
Navien-Condensing |
$315
$375 |
$315
$375 |
$300
$300 |
|
$930
$1050 |
| Thermostat |
Replace: Programmable |
|
|
$15 |
$25 |
$40 |
Note: All figures above are subject to error, and provided by a third party. Limited time offers. Rebates are subject to change at any time, without any notice.
Please call (416) 213 0303 or (905) 643 1799 today to book a free in-home consultation session. Or click here to book on online now.
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For other rebate information please browse some of the links below:
EcoEnergy Rebate Program--Natural Resources Canada
EcoEnergy--Residential
Home Renovation Tax Credit -- up to $1350
FAQ about HRTC (Home Renovation Tax Credit) --Canadian Revenue Agency
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Brief Tax Credit Info--May be applicable to furnaces, air conditioners, water heaters:
In response to the sinking economy the Canadian government has implemented dozens of programs intended to pump $63 billion into the Canadian economy. By doing this they hope to stave off a long period of recession. The problem with most revenue distribution methods is that the majority of this money takes a long time to filter its way down to the homeowner. However, for a more immediate effect the government is offering a $1350 tax rebate directly to homeowners that can be used for renovations. This will include all types of projects from landscaping right up to roofing.
The Home Renovation Tax Credit (HRTC) will let homeowners deduct 15% of their home renovations up to $1350 in the form of a tax credit for their Canadian income tax returns until February 10, 2010. The wording of the budget states that, "The HRTC will provide a temporary incentive for Canadians to undertake new renovation projects or accelerate planned future projects thus providing a timely stimulus to the Canadian economy while boosting energy efficiency and the value of Canadian housing stock." The report went on to say that this program is to take place immediately.
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