home renovation: Government Programs Help Homeowners Renovate and Conserve Energy
- 03/03/09 09:51 AM
Two programs for energy savings include rebate of 50% of the cost of a home energy audit and up to $10,000 in rebates for the eco-energy Retrofit program. The Ontario Home Energy Savings Program is an energy conservation program from the Government of Ontario. A Home Energy Audit identifies improvements you can make to your home's heating, cooling, hot water heating and other energy uses that could result in hundreds of dollars in energy savings each year. The Government of Ontario will pay 50% of your Home Energy Audit, up to $150 Many of the energy-saving upgrades identified by your Home … (0 comments)
home renovation: Canadian Tax Credit Helps Homeowners Renovate
- 02/15/09 07:40 AM
The recent federal budget outlined a new tax credit that will provide assisstance for homeowners to renovate their homes. From January 28, 2009 to Februaury 10, 2010, Canadian homeowners can claim a 15%, non-refundable tax credit for eligible expentures after a $1,000,00. minium to an expenditure of $10,000 for a maximum credit of $1,350 ($9000 x 15%). This is in addition to the EcoEnergy retrofit program. Taxpayers can claim the HRTC when filing their 2009 tax return. Example:A couple replace all windows in the house and spend $10,000.00 in 2009. After taking into account the $1,000 minimum threshold, a 15-per-cent credit will be available on … (0 comments)
Two programs for energy savings include rebate of 50% of the cost of a home energy audit and up to $10,000 in rebates for the eco-energy Retrofit program.
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