i need both attic and some new windows, so let's see how this goes, but would be hassle to have windows install now, so most likely Spring time
Green Ontario Fund
ON - new Gov't rebates for insulation heat pumps, etc
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- rogerrabbit168
- Deal Addict
- Feb 25, 2007
- 3292 posts
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- I RFD
- Deal Addict
- Oct 7, 2008
- 2690 posts
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- Home
Does a vertical geothermal setup make financial sense given how cheap natural gas (assuming you use it to heat your house) is ATM?
For an average house. Quick googling indicates a 2000 sqft home would need 3 ton system and would cost about 35k in Ontario all in for a vertical system. With the gov rebate that's still 26k (35k minus 3k/ton rebate). That system would need to cost less than 20k all in before 9k rebate before it would start making any financial sense. If you gotta pay more than 10k after rebate than the pay back would be too long for an average house/consumption of Nat. Gas.
I chose the vertical loop geothermal because it's the one I think most would be able to install as you dont need much land or access to water/pond. I'm thinking this geothermal only makes sense if you need to install heating/cooling system from scratch, not replace/augment an existing and functioning high efficiency natural gas system.
Thoughts? Actual acurate numbers (rather than my off the cuff numbers)?
For an average house. Quick googling indicates a 2000 sqft home would need 3 ton system and would cost about 35k in Ontario all in for a vertical system. With the gov rebate that's still 26k (35k minus 3k/ton rebate). That system would need to cost less than 20k all in before 9k rebate before it would start making any financial sense. If you gotta pay more than 10k after rebate than the pay back would be too long for an average house/consumption of Nat. Gas.
I chose the vertical loop geothermal because it's the one I think most would be able to install as you dont need much land or access to water/pond. I'm thinking this geothermal only makes sense if you need to install heating/cooling system from scratch, not replace/augment an existing and functioning high efficiency natural gas system.
Thoughts? Actual acurate numbers (rather than my off the cuff numbers)?
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- PriceHunter
- Deal Addict
- Nov 12, 2015
- 3673 posts
- 4140 upvotes
Those are the main two items for me, I know my attic requires some insulation blown in for sure. Windows feel cold, sometimes a very light draft, so I would think they will need to be upgraded. Don't know though how would they know which window needs to be replaced, and which is fine?rogerrabbit168 wrote: ↑ i need both attic and some new windows, so let's see how this goes, but would be hassle to have windows install now, so most likely Spring time
Stay strong, situation always looks harder and that it will never end when you are in the middle of it, but remember past experiences, everything has an ending.
- jeff1970
- Deal Addict
- Mar 9, 2012
- 4102 posts
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- Kitchener
I'm still waiting for a call from GreenOn for my install -- I got an email from them today, actually, so I guess they're starting to roll it out.toronto_slim wrote: ↑ New provincial gov't rebate announced today for insulation, heat pumps, etc. The insulation rebates ($1-$2/sqft) look pretty generous, especially on a cold day like this :-) . Also a nice website with an at-a-glance view listing multiple programs from gas & electricity providers. Click on My Home and fill in your postal code.
Thinking of doing insulation around the house too. Though my home heating bill really isn't that much...for one month between January 19-February 19, 2016 (because it was cooler than 2017 winter) my gas bill for 31 days was $102 -- including heating the water and using the oven/stove -- this includes a fixed charge, so if I minus $45 off of that (typical summer bill) it works out to $60 a month to heat the place -- temperature set to 22ºC in the day and 20.5ºC at night.
Far cry from when we had electric heat, something like $300 additional each month...ouch.
Why can't we all just get along?
- Dekster
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- Feb 21, 2004
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- Hamilton
I have geothermal as gas is not available where I live, so we are paying about double of what we used to pay for gas heating at the previous house. This is not talking about the cost of the system itself, just comparing monthly hydro bills to previous gas+hydro. Cooling is different story, it certainly costs less (probably around 30% less) to cool using geothermal, but it is impossible for me to provide accurate numbers.I RFD wrote: ↑ Does a vertical geothermal setup make financial sense given how cheap natural gas (assuming you use it to heat your house) is ATM?
For an average house. Quick googling indicates a 2000 sqft home would need 3 ton system and would cost about 35k in Ontario all in for a vertical system. With the gov rebate that's still 26k (35k minus 3k/ton rebate). That system would need to cost less than 20k all in before 9k rebate before it would start making any financial sense. If you gotta pay more than 10k after rebate than the pay back would be too long for an average house/consumption of Nat. Gas.
I chose the vertical loop geothermal because it's the one I think most would be able to install as you dont need much land or access to water/pond. I'm thinking this geothermal only makes sense if you need to install heating/cooling system from scratch, not replace/augment an existing and functioning high efficiency natural gas system.
Thoughts? Actual acurate numbers (rather than my off the cuff numbers)?
“Real stupidity beats artificial intelligence every time.” ― Terry Pratchett, Hogfather
- jeff1970
- Deal Addict
- Mar 9, 2012
- 4102 posts
- 2980 upvotes
- Kitchener
We had our attic insulated, I believe at that time is was part of the Conservatives Action Plan. Anyway, in the end, total cost to us was $0.
Unsure if my walls need insulation, as I mentioned in previous post, heating is around $60/month, give or take $20 or so, I guess, depending on how cold it gets.
Why can't we all just get along?
- shabby
- Deal Fanatic
- Jul 2, 2001
- 5602 posts
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- rogerrabbit168
- Deal Addict
- Feb 25, 2007
- 3292 posts
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if yours are the old wooden type window, I would change them all if this rebate works out in your favour. For me, previous owner only changed some windows, like half the house's windows, so I got the rest of the old wooden type to change.PriceHunter wrote: ↑ Those are the main two items for me, I know my attic requires some insulation blown in for sure. Windows feel cold, sometimes a very light draft, so I would think they will need to be upgraded. Don't know though how would they know which window needs to be replaced, and which is fine?
I recently changed my old furnace and air conditioner out, and I already notice a decrease in electricity and gas consumption, so can't wait to get the attic and the rest of the windows done
- IndyBeak
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- Sep 13, 2016
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- Mississauga
So if I have to get my attic insulation updated, do I just need to get it done through an approved contractor? Or do I need an energy audit before and after as well to be able to get the rebate?
- PriceHunter
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My current house is around 13 years old, and the windows look like they are double layered, inner frame is plastic, only the window housing is wood. Some of them however start to have some sweating in between the glass layers.rogerrabbit168 wrote: ↑ if yours are the old wooden type window, I would change them all if this rebate works out in your favour. For me, previous owner only changed some windows, like half the house's windows, so I got the rest of the old wooden type to change.
I recently changed my old furnace and air conditioner out, and I already notice a decrease in electricity and gas consumption, so can't wait to get the attic and the rest of the windows done
Stay strong, situation always looks harder and that it will never end when you are in the middle of it, but remember past experiences, everything has an ending.
- engineered
- Deal Expert
- Feb 11, 2007
- 21245 posts
- 25711 upvotes
- GTA
You require an energy audit to get any rebates. You will be rebated for the audit as well.
If the women don't find you handsome, they should at least find you handy.
- BrownGuyDeals
- Newbie
- Nov 30, 2017
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M
- engineered
- Deal Expert
- Feb 11, 2007
- 21245 posts
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- GTA
I'm hoping to upgrade my old 80% efficiency furnace, add attic insulation, replace most of my windows, and the washer/dryer as well. Maybe insulate the attached garage as well if possible.
If the women don't find you handsome, they should at least find you handy.
- engineered
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- ATLien69
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- IndyBeak
- Deal Addict
- Sep 13, 2016
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- Mississauga
Are you sure about this. I remember it was required under the existing insulation rebate program. But this one looks a bit different. From the wordings, it appears that no audit is required. The only requirement appears to be to go through the approved contractor.engineered wrote: ↑ You require an energy audit to get any rebates. You will be rebated for the audit as well.
How it Works
GreenON Rebates makes upgrading your home easy.
Work with a participating contractor to purchase and install your insulation or windows.
Your contractor will submit your rebate application on your behalf.
Once you have validated that the work has been installed, submit your proof of purchase and you will receive your rebate cheque in the mail in approximately 4-8 weeks.
- PriceHunter
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- Nov 12, 2015
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Sorry, don't see any of that mentioned on the GreenOn website, can you please show me where you find this?engineered wrote: ↑ You require an energy audit to get any rebates. You will be rebated for the audit as well.
My understanding is that the contractor would be your first point to start.
Stay strong, situation always looks harder and that it will never end when you are in the middle of it, but remember past experiences, everything has an ending.
- bornfromjets
- Newbie
- Sep 26, 2016
- 38 posts
- 19 upvotes
I’ve got ecobee3 lite installed through the program.
Calling in and making appointment after getting the email was easy.
Hoping to take advantage of newly rolled out programs.
Calling in and making appointment after getting the email was easy.
Hoping to take advantage of newly rolled out programs.
- IndyBeak
- Deal Addict
- Sep 13, 2016
- 3606 posts
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- Mississauga
It is slightly confusing at this moment. I am very certain that there was an existing rebate program for the insulation, for which a pre and post audit was required. I think the conditions were something like this:PriceHunter wrote: ↑ Sorry, don't see any of that mentioned on the GreenOn website, can you please show me where you find this?
My understanding is that the contractor would be your first point to start.
Get a pre audit and fulfill at least 2 of all the listed recommendations provided by the auditor to qualify for the rebates. Then do a post audit and apply for rebates for all the recommendations that you implemented.
But the current program sounds different. They have a list of approved contractors, who I believe are authorized to so a assessment or mini audit you can say, and then apply the rebate on your behalf. From the wordings on GreenON website, it definitely appears that no audit is requited to be done from our side. This pdf has more details on eligibility and such.
Qualifying-GreenON-Rebates-Measures-and-Program-Rules-20171204.pdf
Search for it on Google.
- PriceHunter
- Deal Addict
- Nov 12, 2015
- 3673 posts
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What you are referring to is "Enbridge Smart Saving" program, which requires a pre and post audit, and to implement at least 2 of the recommendation to get 15% more energy efficiency to get your incentive. Note that you can double dip using that and the greenon, you need to cooridnate and plan. Note also that program does not care which contractor you use, as long as you achieve the 15% energy efficiency.IndyBeak wrote: ↑ It is slightly confusing at this moment. I am very certain that there was an existing rebate program for the insulation, for which a pre and post audit was required. I think the conditions were something like this:
Get a pre audit and fulfill at least 2 of all the listed recommendations provided by the auditor to qualify for the rebates. Then do a post audit and apply for rebates for all the recommendations that you implemented.
But the current program sounds different. They have a list of approved contractors, who I believe are authorized to so a assessment or mini audit you can say, and then apply the rebate on your behalf. From the wordings on GreenON website, it definitely appears that no audit is requited to be done from our side. This pdf has more details on eligibility and such.
Qualifying-GreenON-Rebates-Measures-and-Program-Rules-20171204.pdf
Search for it on Google.
Stay strong, situation always looks harder and that it will never end when you are in the middle of it, but remember past experiences, everything has an ending.
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