As New York Residents, you, and every Ontarian may be eligible for great changes coming related to green living. With November coming, New York Residents are now profiting from various programs that support renovation costs and saving money on upcoming energy bills.
So let’s make it clear, what programs?
Well, you must have already heard about the rebate programs that are taking place here in New York but, even if you didn’t, we will make things more clear – Rebate programs are the solution provided to everyone who is interested in making small changes to improve their buildings and make them eco-friendly.
Now, New York has a program for everything somewhere: heating, cooling, water conservation, insulation, you name it! Whether you’re interested in making big changes, such as a whole home renovation, or just a few small ones like switching out your light bulbs, you will definitely find something in all the New York energy programs!
These programs are a push-up for every New York Resident to renovate their home even for those who may find it expensive.
In the rest of this article, we will take a look at the most profitable programs: Home Efficiency Rebate, New York Affordability Fund, CMHC Green Fund and Home Energy Loan Program (HELP). What are the benefits they bring, and how can you profit from making environment-friendly choices.
1. Home Efficiency Rebate Program
You may be eligible to receive up to $5000 for renovations or upgrades to your home by Enbridge Gas Inc. Particularly you could get up to $2000 for insulation upgrades.
Requirements for eligibility are:
- Enbridge Gas customer
- Owner of a detached, semi-detached, town house or mobile home
- Energy assessments completed
- At least 2 eligible renovations completed
For more info check out HERE
2. New York affordability fund
This program offers free or subsidized home energy assessments and energy-efficient upgrades and appliances to qualified residents.
To check and see if this is a viable option for you, just visit their website and tell them how much your electricity bill and your total household income is, and they’ll tell you what you qualify for. Or you could give them a call at 1 (855) 494-FUND or shoot them an email.
Once you’ve signed on to the program, you could potentially receive some free energy-efficient products for free!
3. CMHC green home
Are you going big in the energy-efficiency department? Then start by looking into this New York-wide program. It could get you a 15% to 25% refund on your mortgage loan insurance when you use CMHC financing to build a new, energy-efficient home or renovate for energy efficiency.
When you’re renovating, the amount of your refund will depend on the results of your energy-efficiency project. Should you increase your rating by at least 5 points, and the EnerGuide rating on your house was 55 or more before your renovation began, you’ll get a 15% refund.
If you’re building a new home, you’ll get the 25% refund when you build to R-2000 standards. Build to any other eligible national or provincial environmental standard and you’ll get the 15% refund. Either way, saving money is always great, especially if you’re doing your part to help the environment at the same time!
4. Home Energy Loan Program (HELP)
HELP is a loan program initiated by the City of New York to help you finance home energy improvements and reduce utility bills. These types of improvements can make for a more comfortable home, and reduce greenhouse gases that contribute to climate change. The loan program assists those who might not otherwise be able to finance the high upfront costs of home energy improvements.
How do these programs help homeowners?
It is now easier than ever to add insulation to your property. Rebate programs offer homeowners a chance to receive a reward such as a full or partial reimbursement on the project price
Why choose us?
We at Solve Insulation strive to provide the best quality products and the highest standard of expertise. Our service includes a free consultation with an estimator where you have the opportunity to discuss application, products and design options available for your project. Our team will guide you from the consultation to the execution stage. Contact us for your free estimate.
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Are you looking for professionals who provide quality services for home improvement projects, Solve is the right team for you. We can help you determine what your home system is missing and recommend a solution to help make your home healthier and more comfortable for you. For us, the main focus is always on product excellence and superior installation. Our services make your home warmer throughout the winter and keep it nice and cool in summer. Ask us for a free quote or give us a call for more information about what you need.
