The Ontario Home Energy Savings Program (OHESP) was introduced in 2009 as a way to push Ontarians into renovating their homes for energy efficiency while creating more jobs during the recession. Homeowners can qualify for up to $5,000 in government rebates when they make their home more energy efficient. Examples of eligible renovations include insulating your attic, installing energy-efficient windows and purchasing EnergyStar appliances.
The Ontario Home Energy Savings Program is not to be confused with the Federal Government’s ecoENERGY Retrofit Rebate, which was cancelled a year early because it was too popular – the money ran out quicker than expected.
To qualify for the Ontario Home Energy Savings Program, homeowners must undergo an energy audit, which the Ontario government will pay for half of, up to $150. Homeowners then complete the recommended renovations and upgrades or as many as they can, and then get a second energy audit to qualify for the rebates.
Homeowners have until March 31st, 2011 to undergo their second energy audit.
If you’re looking for a great way to boost your home’s value before selling, think about increasing your home’s energy efficiency. Many home buyers are not only looking for a green home, but a home that costs less to own in the long run – meaning lower energy bills.
For more information on the Ontario Home Energy Savings Program, visit the Ontario Ministry of Energy website here.