Premier McGuinty unveiled a new bundle of programs to help Ontarians upgrade their homes, save money and help Ontario meets its greenhouse gas emissions targets. These programs will be funded through money set aside in the 2007 Budget. They include:
A Home Energy Retrofit Program that will provide up to $5,000 for home energy retrofits that include Energy Star qualified furnaces for heating, solar domestic water systems and insulation. When you replace your existing heating system with a geothermal heat pump, you are entitled to $4375 in grant money back in your pocket!
Cool Savings Rebate – When you upgrade your current heating and air conditioning system to a geothermal system, you can receive an additional $550 back through the Cool Savings Rebate offered by the OPA (Ontario Power Authority).