2007 Cool Savings Rebate Program

By OPA (Ontario Power Authority)

The offers under the new program are as follows:

A $50 rebate to homeowners who have a programmable thermostat installed by a participating contractor (NOTE that this is a flat amount, not up to as was previously done; last year it was up to $75)

A $350 rebate to homeowners for the purchase of a replacement ENERGY STAR®-rated Central Air Conditioning system (NOTE: ENERGY STAR® means the installed product is at least 14 SEER and 11.5 SEER)

A $100 rebate to homeowners who purchase a mid-efficiency furnace equipped with an Electronically Commutated Motor (ECM)

A $250 rebate to homeowners who purchase a high-efficiency furnace equipped with an Electronically Commutated Motor (ECM)

A $750 rebate to homeowners who purchase a combined high efficiency furnace (with ECM) and (replacement) central air conditioning system, where the air conditioning efficiency rating exceeds CEE's Tier 2 level (at least 15 SEER and 12.5 SEER)

This means homeowners may qualify for up to $800 in total rebates.

Offers will be good from April 1 through to December 31, 2007