New energy efficiency rebate for residents
The Government of Canada recently announced the launch of the Energy Savings Rebate program to help make climate action affordable for Ontarians. A total of $200 million of support over two years will be provided to Ontario retailers to offer up to 25% off the purchase price of specific energy-saving products.
Eligible products include electric-vehicle chargers, tankless water heaters, ENERGY STAR certified appliances such as washers, dryers, dishwashers and more. For a full list of eligible products, visit the Energy Savings program website or those of major retailers.
New energy efficiency rebate for business owners
In July, the federal government announced a new Climate Action Incentive Fund rebate for small- and medium-sized businesses to implement retrofit projects. The rebate is up to 25 per cent of eligible project costs up to a maximum of $250,000 for businesses with under 500 employees. Eligible projects include building retrofits, renewable energy installations, industrial process improvements and more. Toronto businesses interested in learning more can contact the Better Buildings Partnership Navigation Services program. Applications are due by October 14. To learn more, email the BBP today!