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GreenON to fund Low Carbon Technologies Incentives program
December 11, 2017 — The Independent Electricity System Operator (IESO) recently announced it will be introducing new consumer rebates for homeowners, funded by the Green Ontario Fund (GreenON).
December 11, 2017 By Ellen Cools
The Low Carbon Technology Incentives program is designed to encourage homeowners to invest in building envelope and HVAC upgrades.
The primary focus will be on existing detached, semi-detached and row town houses with rebate values covering 50-75% of the installed costs. Measures include insulation for exterior walls, attics and basements, air sealing, windows, and heat pumps — air source and ground source.
Rebates for air source heat pumps will range from $1,900 for ductless air source heat pumps to $5,500 for ducted cold climate units. Rebates for geothermal systems will be $2,000 per loop ton for horizontal loop systems and $3,000 per loop ton for vertical loop systems, with additional incentives for adding desuperheaters ($750), domestic water heating ($1,500) and for systems that exceed a COP of 4.0 ($1,500).
Rebates for geothermal will be capped at $15,000 for horizontal systems and $20,000 for vertical loop systems. Additional rebates of $750 per loop ton will be available for replacing existing geothermal heat pumps for more efficient systems.
Contractor registration for the program will be administered by HRAI and will build upon the existing Save on Energy Heating and Cooling Incentive Program contractor database and management processes. There will be specific training and certification requirements for contractors to be registered to offer each of the different program measures. Contractors can register with the program here.
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