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Emer’s Guide: Energy Efficiency Grants and Rebates Programs in Medicine Hat
ARTICLE HIGHLIGHTS:
Emer, casaGURU's green living guru, has created a helpful checklist for Medicine Hat homeowners of federal, provincial, city and utility company grant and rebate programs, including the ecoENERGY Retrofit Program, for energy efficient home improvements to heating and cooling systems, windows and doors, appliances, and insulation.
Here at casaGURU we're big fans of green in both senses of the word: we’re strong supporters of making homes more energy efficient AND of helping our community of homeowners save money. There are many ways you can do both at the same time!
However, with the amount of energy saving rebates and grants available from a variety of sources, finding and applying for them can seem daunting. So, that's why I’ve compiled an easy to follow list of energy savings specifically for homeowners in Medicine Hat, Alberta.
Albertans are especially fortunate to have the Built Green program to take advantage of. This program promotes “green” building and practices to reduce the impact that building has on the environment.
Medicine Hat is luckier even still because of the HAT Smart program, which boosts the benefits for anyone participating in the federal government’s ecoENERGY Retrofit Program.
I’ve done the research for you, so below are ways to help you save more than $30,000! It’s been broken into categories that will hopefully be easy to navigate.
GENERAL HOMEOWNER SAVINGS
| Built Green building permits | |
| 10%-30% | If you’re building a home, make it Built Green certified and you can save on the cost of a building permit:
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| Home Energy Evaluation | |
| Up to $200 | If you participate in the ecoENERGY Retrofit Program you can receive:
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| New Home Rebates | |
| Up to $10,000 | If you take possession of a new EnerGuide-labeled home, you could be eligible for rebates from $1,500 to $10,000 depending on the EnerGuide score. |
| Home Renovation Tax Credit | |
| Up to $1,350 | You can claim a non-refundable tax credit on your 2009 income tax return based on eligible expenditures incurred for home related work performed or goods acquired after January 27, 2009, and before February 1, 2010. The HRTC applies to eligible expenditures of more than $1,000, but not more than $10,000, resulting in a maximum credit of $1,350 [($10,000 - $1000) x 15%]. |
| ecoENERGY Retrofit Grant | |
| Up to $5,000 | You can save up to $5,000 when making energy improvements to your home through the ecoENERGY Retrofit program. The average grant is expected to be more than $1,000 and will yield an average 25% reduction in energy use and costs. |
| Mortgage Insurance (current homeowners) | |
| Up to 10% | If you're with CMHC and make your home more energy efficient and you could receive up to 10% of the cost of CMHC mortgage insurance and extended amortizations without regular premium surcharges. |
| Mortgage Insurance (new or prospective homeowners) | |
| Up to 10% | If you’re a prospective homeowner, look into purchasing a green home and you could receive up to 10% of the cost of CMHC mortgage insurance and extended amortizations without regular premium surcharges. |
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alberta article eco-friendly emer schlosser energy advisors energy audits grants and rebates green building green living green products home buying and selling home finance home improvement home insurance home renovation home renovation tax credit lighting mortgage loan insurance saving solar heating water conservationRating
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