Effective January 1st 2011 to December 31st 2011: Heating & Cooling Incentive Replaces OPA Grants
The following is the announcement from HRAI of the new replacement program for 2011 for the Cool Savings program, which expires this month
HVAC Incentives Initiative (marketed as: Heating & Cooling Incentive)
The Ontario Power Authority (OPA) along with Local Electric Utilities are pleased to announce the introduction of the HVAC Incentives Initiative (the “Initiative”). From 2011-2014 the new HEATING & COOLING INCENTIVE will be marketed as one of a family of energy-efficient initiatives for the home. This new Initiative will retain many of the components of the COOL SAVINGS REBATE program that will end on December 31, 2010.
The Initiative provides the following incentives to consumers:
- A $250 incentive for the replacement of an existing central air conditioning system with the purchase and installation of an ENERGY STAR® qualified central air conditioning system. (Note ENERGY STAR® criteria = minimum 14.5 SEER and 12.0 EER);
- A $250 incentive for the replacement of an existing furnace with the purchase and installation of a furnace equipped with an Electronically Commutated Motor (ECM)
- A $400 incentive for the replacement of an existing central air conditioning system with the purchase and installation of an ENERGY STAR® qualified CEE “Tier 2″ level central air conditioning system. (Note CEE’s “Tier 2″ level means the installed product is at least 15 SEER and 12.5 EER);
Please note, the following systems NO LONGER qualify for the incentive:
- Heat pumps, including geothermal systems;
- Air handlers and,
- Programmable thermostats.
All purchases and installations must be performed by a participating contractor between January 1, 2011 and December 31, 2011.
