- Posted by Wally Strang
- On January 14, 2019
Furnace rebates that save you real money are here !
In June of 2018 Energy Efficiency Alberta held a press conference announcing that in the fall of 2018 a new rebate program that would include rebates for upgrading your furnace would be announced. Many consumers decided at that point to hold off on furnace replacement and wait for the rebates.
The programs approved contractors began attending sessions the first week of October to learn about the new program with the program details being released to the general public on October 16th and an enhanced rebate for AFUE furnaces above 95% announced January 10/2019
Unlike the stand alone rebate available for converting a hot water tank to a tankless hot water system. The furnace rebate is rolled into a new program called Energy Plan. The following are the steps you need to take to obtain the rebate.
- Obtain an energy audit on your home. An auditor will review all aspects of your energy consumption and make recommendations for improvement. The auditor then files the report with Energy Efficiency Alberta and at that point if a recommendation has been made to replace your furnace, you qualify for a rebate. Depending on the size of your home the cost to obtain the energy audit will likely fall between $350 and $400. Energy Efficiency Alberta will rebate you $300 toward that cost.
- Contact an approved HVAC contractor and arrange to have your furnace replaced. Once this is done the contractor will submit completion documentation to Energy Efficiency Alberta.
- Energy Efficiency Alberta will then issue rebate payment directly to the consumer.
The amount of your furnace rebate is directly tied to the amount of energy being saved by upgrading your furnace. If you replace your furnace with a furnace that has an AFUE of 95% or greater your MINIMUM rebate is $500.00 Depending on the furnace you are replacing the rebate can be even higher.
Why Bother ?
If you have intention of replacing your windows, upgrading your insulation, adding solar panels or the other big ticket items that fall under the new program it makes sense to get the energy audit done. You can find out more information here https://www.efficiencyalberta.ca/online-rebates/ Though none of the items on their own have significant rebates attached to them, when combined the rebate amount not offered on a furnace replacement you will very quickly offset the minimal amount you have paid for the energy audit.
Combine this $500 rebate with the rebate on programmable thermostats and other manufacturer rebates and the savings are significant. Whether you have a mid efficient furnace, or a high efficient furnace that is 10 years old, now is definitely the time to take advantage of these significant rebates.
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