Is there money available to offset the cost of installing a geothermal system in a new home?
Yes! Actually this grant has only been available from December of 2008 so is very new. The Energy Efficient Rebate for New Homes is responsible for offering a $3500 provincial grant to homeowners who chose to install a geothermal system into their new home. This grant is only available if • Your new home is EnerGuide 80 rated. • You have a home that does not currently have access to natural gas (or it costs you over $9000 to bring natural gas into your home). • If your home does have access to natural gas you must also install an alternative energy source (wind, solar etc) to offset the extra electricity your geothermal system will use in order to receive the grant.
