Doing it (Eco) for the Money?

Doing it (Eco) for the Money?

Every time an election happens, changes are bound to happen.

The latest election was no different.

One of the first changes that the newly elected Progressive Conservatives (PC) led by Premier Doug Ford have already made is to cancel Ontario’s cap-and-trade program. This program, which offered thousands of dollars worth of rebates, funded GreenON as well as other initiatives.

Condo Owners Lose with Cancellation of GreenON Program

GreenON was a rebate program that benefited both residential and commercial property owners who made energy efficient upgrades. Rebates covered heat pumps, solar, insulation and more.

Since 2017, up to $5,000 worth of rebates were being rewarded to home and condo owners who made energy efficient upgrades from windows and doors to insulation and solar improvements. Cancellation of the program means that home and condo owners will no longer benefit from rebates earned from making a number of energy efficient upgrades and improvements.

Free smart thermostats were also being offered when an energy audit was complete and a program-certified contractor was used. This, too, has been cancelled.

 

You Still Have a Chance to Get Reimbursed if You Meet Certain Criteria

If you’ve already registered for a GreenON rebate, you can still get reimbursed if:

* You have a signed work agreement with a participating contractor,

* The work will be finished by August 31, 2018, and

* Your rebate applicated is submitted by September 30, 2018.

No Plan to Replace the Former Government’s Environment Initiatives

The previous Liberal government had implemented GreenON as part of its Climate Change Action Plan, which had goals of reducing greenhouse emissions by 80 per cent by 2020.

Currently, the newly elected PC government has no plan to replace these clean air and climate-change initiatives.

Other Energy Programs Still Apply to Condominiums

Even though the GreenON rebate program is now over, there are still other initiatives that condo owners can benefit from including:

CDC Knows About Energy Retrofits

Although the GreenON rebate program ended, there are still many benefits to help make your condo building more energy efficient! Contact us today to learn how CDC can complete certain energy retrofits – such as replacing your building’s fan coil units – and help you save on your building’s energy costs!

Contact us today to learn how CDC can complete certain energy retrofits – such as replacing your building’s fan coil units – and help you save on your building’s energy costs!

By |2018-08-27T09:53:59+00:00August 27th, 2018|Categories: CDCPro|0 Comments