Nearly 8 months ago, I bought a new furnace and took advantage of the ecoENERGY program to reduce my total cost. After only 34 weeks (!) the last cheque from the provincial government arrived. The process definitely hasn’t been speedy, but I did actually get all the money I was promised.
I must admit that the whole thing felt a little like a scam in the beginning. The salesman wanted me to buy a furnace and pay for an ecoENERGY audit up front with the promise that I’d get lots of money back down the road. This doesn’t sound much different from being asked to send in a fee so that some supposed huge lottery win can be released.
Counting sales taxes, I paid $4209 for the furnace and another $420 for the energy audits. Then very slowly over time I got the following rebates:
$790 federal furnace grant
$790 provincial furnace grant
$150 provincial energy audit grant
$125 provincial power authority grant
$150 gas supplier grant
$145 furnace seller rebate
$481 home improvement income tax deduction (15% of $4209 minus $1000)
Net Savings: $2211 (after deducting the $420 for the energy audits)
The final cost of the furnace to me is $1998, which is less than half of the starting price. I even got an extra $389 in rebates and income tax savings for replacing a patio door. Unfortunately, the somewhat confusing message at the ecoENERGY site seems to indicate that the program is now closed to people who haven’t already started the process.
So, I can confirm that the process that used to exist worked as advertised in my case. If the rebates hadn’t taken so long to come in that the program expired in the interim, this message may have been more useful to readers.