- Posted by Wally Strang
- On October 17, 2018
Furnace rebates are here….sort of
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.
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 $450 and $500. 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. Depending on the furnace you are replacing the rebate can be as little as $50.00 up to the maximum rebate of $160.00. The MAXIMUM rebate available for furnace replacement under this new program is $160.00
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. Though none of the items on their own have significant rebates attached to them, when combined the rebate amounts will very quickly offset the amount you have paid for the energy audit.
If your home is already energy efficient and you have in the past completed upgrades with no intention of doing more at this time,it does not make a lot of sense to spend $200 to get a maximum rebate of $160.00.
Though Weiss-Johnson strongly supports the new program, is an approved HVAC contractor and firmly believes that the more all of us do to reduce our carbon footprint, we have to be realistic and understand that if all you want is a new furnace, it does not make a lot of sense of invest $200.00 to get $160.00 back. We still want to help you get a new furnace though. Just mention to your estimator that you read this article and he will provide you with a discount of $160.00 on your purchase.
If you would like to arrange an on site estimate, please fill out the form below or give us a call.