Eden Energy Equipment Ltd.

Geothermal Rebates

With geothermal systems continuing to grow in popularity, new Government incentives are being brought forward to encourage home owners to make the switch to geothermal heating & cooling.  Incentives can easily add up to more than $10,000, so get familiar with them.  It is still uncertain whether the original loop can be reused with new equipment when replacing existing geothermal units. To find the dealer closest to you, please visit our automated dealer locator.

If the original loop can be certified that it was installed according to CSA C488 standard, then it should be acceptable. The question becomes: How do I certify?  We will keep you up to date as more information is available. Below is a list of the current incentives available.

ecoEnergy Rebate – increased by 25% on March 30, 2009
Natural Resources Canada (NRCan) is offering a new residential energy efficiency assessment service to owners of single family homes including, detached, semi-detached, and low-rise multi-unit residential buildings (MURBs) that are no more than three storeys high.  Under the ecoENERGY Retrofit program, property owners can qualify for federal grants by improving the energy efficiency of their homes, and reducing their home's impact on the environment. You can get up to $4,375 in rebates (increased from $3,500 on March 30, 2009) for Geothermal. Click here for more info!

2009 Year - Home Renovation Tax Credit (HRTC)
Only available for the 2009 tax year the federal government is offering a Home Renovation Tax Credit (HRTC).  Under proposed taxation changes, you can claim a non-refundable tax credit on your 2009 income tax return based on eligible expenditures incurred for work performed or goods acquired after January 27, 2009, and before February 1, 2010, in respect of an eligible dwelling. 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%].  Click here for more info!

Ontario Home Energy Audit and Retrofit Rebate Programs
Ontario’s Home energy savings program provides homeowners with up to $150 towards the cost of a home energy audit and up to $10,000 (50 per cent paid by the province and 50 per cent paid by the federal government ecoENERGY Retrofit – Homes Program) in combined provincial and federal rebates for retrofits that address energy issues identified in the audit.

To help homeowners save energy, save money and help reduce greenhouse gas emissions, the Ontario government has created the Ontario Home Energy Audit and Retrofit Rebate Programs.

Ontario Premier Dalton McGuinty has announced a $150 million rebate program.  This rebate program, under the Home Energy Retrofit Program, gives incentives to Ontarians to "go green" at home through:

• A Home Energy Retrofit Program providing up to $5,000 for home energy retrofits. Click here for more info!
• Extending the Retail Sales Tax (RST) rebate on qualifying geothermal equipment to January 1, 2010. Click here for more info!
• Developing a program that helps Ontarians purchase 100% green power
• A 50% rebate up to $150 on the cost of the INITIAL home energy audit cost
• The Go Green and Get Green Program Click here for more info

Cool Savings Rebate

The Ontario Power Authority’s Cool Savings Rebate Program provides you with the opportunity to help do your part to reduce Ontario’s electricity consumption, while saving money. The Ontario Power Authority will rebate up to $550 for the installation of a retrofit EnergyStar geothermal system. Many WaterFurnace units meet the energy requirements. Click here for more info

Municipal Programs:
Local municipalities have introduced their own incentives.  Be sure to check with your local city or township to stay up to date.

 

Every Kilowatt Counts – Local Programs
The Ontario Power Authority coordinates the rebates that are available through local utilities. To find your local participating power utility please click here.

 

Electricity Retrofit Incentive Program - Commercial
The Ontario Power Authority has created an incentive program for businesses looking to replace or upgrade any existing electric technologies. Incentives are available for pre-approved projects that result in a notable reduction in electrical peak demand.  Also, the OPA is providing an incentive of $250 per ton with a minimum cooling Coefficient of Performance (COP) of 3.5 when a Ground Source Heat Pump  is installed.  For more information about how your business can receive incentives for moving to a more energy-efficient option, click here

Federal Geothermal Incentive
The Federal incentive, under the ecoENERGY Program, will give homeowners $3,500 with the following conditions:

• The house must have a pre- and post-retrofit energy audit
• The contractor must verify that the retrofit is according to CSA standard C448
• The equipment must be tested and meet the requirements of CSA standard  C13256-1 for water-to-air geothermal units, or CSA standard C13256-2 for water-to-water geothermal units.

Many WaterFurnace units meet the requirements of CSA standards C13256-1 or C13256-2.

 

To find a dealer near you, please visit our automated dealer locator.

 

*Rebates and Incentives are subject to change without notice.

 

Request a Free Geothermal Information Package We would be happy to send you a colour package which includes all the latest information on the government rebates in your local area as well as colour literature on the WaterFurnace Product Line. To have one sent, email us with your name and address and we will mail it out to you the next day. We will also have a dealer follow up with you by email to be sure all your questions are answered.