Thursday, April 02, 2009

Now is a good time to install solar hot water heaters! | Business | Ontario matching energy incentives: "The new EcoEnergy program offers a $1,250 rebate, up dramatically from $500 under the old program. A matching rebate from the province means the purchaser of a residential solar hot-water system can get back $2,500 on a purchase that ranges in cost from $6,000 to $9,000, including installation.

'It's meant to increase the market penetration of renewable technology, and specifically solar hot water,' explained Louise Roux at the ministry's office of energy efficiency.

On top of all rebates, Raitt reminded homeowners they can qualify next tax season for the Home Renovation Tax Credit, which amounts to getting 15 per cent back from the cost of a home renovation in 2009, up to a maximum of $1,350."

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