Take an attic insulation upgrade for example. Topping up on the amount of insulation you already have in your attic with up to 15 inches of PINK FIBERGLAS Batt Insulation will help achieve a value of R-50 in your attic. This means that you can help save up to 28 per cent* on your energy bills and a half-ton** of greenhouse gas emissions each year.
And thats just the beginning.
Here are three more ways to help save you money, even with a project as simple as re-insulating your attic.
Save once – Up to $1,350 under the Home Renovation Tax Credit (HRTC)
This temporary tax credit offered by the federal government is available to homeowners undertaking home improvement projects in 2009. The HRTC is applicable to eligible home renovation expenses incurred before February 1, 2010. With less than half a year remaining, theres no better time to get going on those upgrades. This incentive allows homeowners to claim a 15 per cent non-refundable tax credit for the 2009 taxation year up to a maximum of $1,350 – a way to effectively reduce the amount required for materials and labour when increasing the amount of attic insulation in your home. Visit www.insulationtaxcredit.ca for details.
Save twice – Up to $750 under the ecoENERGY Retrofit – Homes program
Through the ecoENERGY Retrofit program, Natural Resources Canada offers Canadians up to $750 in savings when you achieve a total minimum insulation value of R-50 in your attic. Earlier this year, the Canadian government expanded the program and increased the grants by 25 per cent, helping another 200,000 more homeowners cover their energy-efficiency retrofit costs. Don be left out! There are 7-million under-insulated attics in Canada so take advantage of the grant opportunities and bring your attic up to recommended insulation standards.
Save thrice – Under provincial and municipal rebate programs
Rebate programs are also being offered at the provincial and municipal levels with some programs matching the amounts of the federal ecoENERGY Retrofit program. Doubling the grant amounts means increased flexibility and money available down the road for even larger projects!
For more information on the federal, provicinal and municipal grants and incentives available in your region, visit the Natural Resources Canada website at www.oee.nrcan.gc.ca.
