Savings Example
*** Dave & Cindy are a couple who own an older home in Teulon (1061 sf bungalow). They would like to renovate their home in order to increase its energy efficiency. They have decided to replace their old windows, upgrade their attic insulation and install new siding & wall insulation. They would like to know how the government incentives will impact their project.
| Renovation Item | Upgrade | Material (tax extra) |
Provincial Rebate | Federal Rebate |
|---|---|---|---|---|
| New Doors Windows (9) | 9 Units | 5,000 | 0 | 9 x 40 = 360 |
| New Siding | 1,745 | 0 | 0 | |
| Soffit & Facia | 655 | 0 | 0 | |
| Wall Insulation | R7.5 | 1,626 | 1056 | 1125 |
| Attic Insulation | R32 | 1,200 | 679 | 375 |
| Inspection Fees | 0 | 0 | (400) | |
| Summary Totals | 10,266 | 1,735 | 1,460 |
| Long Term Savings (MB Hydro calculator) | |
|---|---|
| Window Upgrade | $97 per year ++++++ |
| Insulation Upgrade | $132 per year ++++++ |
| Total Annual Savings Potential | $229 per year +++++++ |
Our friendly staff here at Rockwood Lumber are here to help you work through your project to see how much you can save !!!!!!!!!!!!!!!!!
disclaimer: the above example is for illustration purposes only. Each individual assessment may vary based on actual home conditions and products used
