Chris Ballard, Ontario’s environment minister says a new program- ‘Green home renovation rebate program’, will offer thousands of dollars in rebates to homeowners who complete energy-efficient renovations.
The province will offer thousands of dollars in rebates for homeowners who opt for energy-efficient renovations, including windows and insulation, the Ontario government said Wednesday. The announcement was well-timed, happening on a day that the temperature dipped well below zero.
Minister of the Environment and Climate Change Chris Ballard and Parminder Sandhu, chair of the Green Ontario Fund, announced the new measures at the MaRS Discovery District Wednesday morning.Chris Ballard says the government will use the proceeds of its cap-and-trade program to establish a fund called the Green Ontario Fund — through a provincial agency.
The program will offer up to a $7,200 rebate for new insulation, up to $5,000 for new windows, and up to $20,000 for new ground source heat pumps.In order to access the rebates, homeowners must hire a contractor who has been screened by the agency.
The government says buildings generate nearly a quarter of the province’s greenhouse gas emissions.
Ontario has pledged to cut greenhouse gas pollution to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050.
The rebates will be offered through the Green Ontario Fund, the non-profit provincial agency funded by money from the province’s cap-and-trade program.
The new rebates are:
- Up to $5,000 to replace windows that meet specific requirements.
- Up to $7,200 off new insulation, and a $100 rebate for air sealing.
- Up to $20,000 for Energy Star-certified ground source heat pumps, or up to $4,500 to repair existing heat pumps.
- Up to $5,800 off Energy Star-certified air source heat pumps, or pumps that meet program requirements.
Homeowners and tenants could also be eligible for a $100 smart thermostat rebate.
To access the rebates, homeowners will have to work with a contractor that’s been screened and qualified under the program and listed at GreenON.ca.