As of August 2016 homeowners can amass as much as $5,000 in home renovation rebates through the revitalized Home Renovation Rebate program.
If you plan to upgrade your furnace in the next few years, rebates from the Government combined with manufacturer incentives make this the ideal time to make the move. It’s the perfect storm of savings!
Just how much can you save on your furnace upgrade?
You could save $3,540 upgrading your HVAC system alone!
To qualify for the savings you have to:
Basement insulation rebates include:
Exterior wall insulation rebates include:
Attic insulation rebates include:
Aside from the $1,000 you get for replacing your old furnace with an efficient model, you can also claim $375 for replacing a wood burning system (stove, fireplace) with a more efficient, modern unit.
If you replace your water heater with a high efficiency tanked or higher efficiency tankless water heater, you can earn $500 back.
You can even earn an additional $100 rebate on a smart thermostat from Nest, Honeywell and Ecobee.
However many rebates you qualify for, you max out at rebates of $5,000.
It’s rare for rebates like this to line up with appliance manufacturer rebates, so now is the best time to take action.