Incentives available in PowerStream’s New Home Construction Program
February 21, 2013 - Home builders and renovators working in PowerStream’s service territory (Barrie, Markham and Vaughan, Ont.), can provide energy-efficient features in their customers’ construction projects at less cost, said the utility.
February 21, 2013 By Alyssa Dalton
The New Home Construction Program is designed to encourage home builders and renovators to construct energy-efficient homes in Ontario by incorporating energy-efficiency into their construction or any extensive renovation. The initiative provides financial incentives to home builders and renovators for the installation of energy-efficient measures in the home, including:
• Incorporating energy-efficient measures like energy-efficient light fixtures, lighting control products (timers, motion sensors, dimmer switches) or high-efficiency HVAC.
• New homes being built to EnerGuide 83 ($500 per home) or EnerGuide 85 ($1,000 per home).
• Custom built homes where the incentive is based on energy savings that can be up to 50% of the total project cost.
“This program provides tremendous benefit to home constructors, their customers and our communities,” said Frank Scarpitti, PowerStream chair. “It will help to further transform the home construction market so that new homes now being built in our communities, as well as older homes undergoing major construction, are able to meet the energy-efficiency needs of today and anticipate what may be required tomorrow.”
Home builders and renovators can choose to implement prescriptive, performance-based or custom measures, or a combination of all three. Home owners managing their own renovation can provide proof of purchase for equipment eligible for an incentive, and can apply for the three different streams in the initiative.
To qualify, the project must be completed and ready for service by December 31, 2014.
CLICK HERE for additional program details.
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