Monday, January 14, 2013

Nova Scotia Housing Grants

Improving the energy effiency of your home--such as repairing this bad insulation--could be met with a rebate.


Nova Scotia offers a number of grants for improving, buying, or building a house. Many of these grants come in the form of rebates. The Nova Scotia Residential/Commercial Energy Conversion Program gives a rebate to Nova Scotia residents who convert their furnace to natural gas. The Nova Scotia EnerGuide for Houses Program gives money to residents who improve the energy efficiency of their home. And the Genworth Financial Energy-Efficient Housing Program or CMHC Mortgage Loan Insurance Refund offers a 10 percent rebate on the insurance premium of a new energy efficient home, or a home where energy improvements have been made.


Nova Scotia Residential/Commercial Energy Conversion Program


The Nova Scotia Residential/Commercial Energy Conversion Program offers up to $2,000 to convert your furnace and water heater to natural gas. The new utilities must be Energy Star rated equipment. The fund offers a limit of $500 to replace the water heater, and $1,500 to replace the furnace. To apply, contact the Heritage Gas Residential/Commercial Natural Gas Equipment Rebate Program at 1-877-836-7427.


Nova Scotia EnerGuide for Houses Program


The Nova Scotia EnerGuide for Houses Program gives rebates to homeowners who make energy efficiency improvements to their house. The program will give a maximum of $1,500 for these improvements. The homeowner must have a licensed energy inspector audit the house's energy use, make the improvements, and the get a second inspection within 18 months of the improvements.


Genworth Financial Energy-Efficient Housing Program or CMHC Mortgage Loan Insurance Refund


The Genworth and CMHC, Canada's largest mortage insurance companies, each offer a program to reduce your insurance premiums if you improve the energy efficiency of your house or buy an energy efficient house to begin with. The EnerGuide rating for the new home must be of 77+ or R2000. If you're going to renovate your home's energy use, the improvements must be at least five points and raise the house above 40. You then have to provide documentation proving the energy efficiency of the house and fill out an application form.







Tags: Nova Scotia, energy efficiency, Residential Commercial, Commercial Energy, Commercial Energy Conversion, Conversion Program