Do you ever find yourself wanting to do upgrades to your home but overwhelmed with the costs?
Well, help is on the way in the form of rebates. Yesterday it was announced that the new Green Ontario Fund 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 as long as the work is done by approved contractors. Rebates are also available for businesses and organizations.
To fund the program the government will use $600 million over four years from cap-and-trade proceeds . “Those funds are being re-invested in programs like this where we’re helping business, we’re helping homeowners fight climate change and save money,” Ontario’s environment minister Chris Ballard said yesterday.
The program launched online at GreenOn.ca. In order to access the rebates, you must hire a contractor who has been screened by the Green Ontario Fund.
The new program comes after a summertime commitment to provide thousands of free smart thermostats to homeowners, a promise that the the environment minister says has rolled out more slowly than the government would have liked. Only 1,000 of the devices have been installed to date.
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.
About Green Ontario Fund
The Green Ontario Fund is a not-for-profit provincial agency that invests proceeds from Ontario’s carbon market into climate actions that help people and businesses reduce greenhouse gas emissions and use cleaner technology to power their homes and workplaces.
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