July 13th, 2011
This morning, Canada’s Minister of Natural Resources, the Honourable Joe Oliver, along with HRAI President Warren Heeley, announced the renewal of the ecoENERGY Retrofit- Homes program at a Rona home improvement store in Etobicoke Ontario.
The program runs from June 6, 2011 to March 31, 2012. Grant amounts are similar to the previous program with some minor changes. New this year, homeowners are now required to register directly with the program before booking their pre- or post-retrofit energy evaluation. Also, homeowners are required to provide receipts to their energy advisor at the time of the post-retrofit evaluation to confirm that products and equipment were purchased after June 6, 2011 and installed after a pre-retrofit evaluation.
To learn more about the program please click here.
http://oee.nrcan.gc.ca/residential/personal/grants.cfm?attr=0
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June 10th, 2011
Budget 2011 includes an investment of almost $870 million over two years to address climate change and support the development of clean energy technologies. The largest portion of this investment will be allocated to the revival of the ecoENERGY Retrofit-Homes program. A total of $400 million in funding will be provided in 2011-12 to help homeowners make their homes more energy efficient and to reduce the burden of high energy costs.
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June 10th, 2011
The June 6, 2011 Budget outlines tax measures that will encourage businesses to invest in geothermal energy generation and conservation systems. CCA Class 43.2 includes geothermal heat pump equipment and district energy equipment that distributes thermal energy from geothermal heat pumps. The budget states that Class 43.2 “allows the cost of the assets to be deducted for tax purposes at a rate of 50% per year on a declining balance basis – which is faster than would be implied by the useful life of the assets”
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April 12th, 2011
Ontario’s Long-Term Energy Plan is moving our province to clean sources of power while shutting down coal plants that pollute the air we breathe. Upgrading and modernizing our energy infrastructure is helping to provide reliable power to our homes and businesses. Building more clean energy is also creating thousands of jobs for Ontarians in a growing renewable energy industry, supplying the solar, wind, bio-energy and hydro-electric markets.
To help you with the increased costs of these essential investments during this period of transition, the Ontario government is providing a 10% rebate off your total electricity bill – including electricity costs, regulatory charges, the debt retirement charge and taxes.
You will receive the Ontario Clean Energy Benefit on every bill for the next five years as our province continues to build our clean energy future. The Ontario Clean Energy Benefit applies to electricity charges incurred as of January 1, 2011.
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March 21st, 2011
LEGISLATIVE AND REGULATORY NOTE – Explanatory Notes in Respect to the Income Tax Act and Related Acts and Regulations
Bill C-47, A second Act to implement certain provisions of the budget tabled in Parliament on March 4, 2010 and other measures (Sustaining Canada’s Economic Recovery Act), received Royal Assent on December 15, 2010. As a result, accelerated capital cost allowance (CCA) for clean energy generation equipment now includes ground source heat pumps. The Act became law upon receiving Royal Assent but many measures apply to equipment acquired before December 15, 2010. Please consult your tax specialist to see how these regulatory changes may affect your project. (Author: Canadian GeoExchange Coalition)
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January 24th, 2011
Ontario Home Energy Savings Program (HESP) provides homeowners with up to $150 towards the cost of a home pre-retrofit energy audit and rebates of up to $5,000 for retrofits that address the energy issues identified in the audit. It’s not too late! Geothermal Experts Inc can help you achieve your energy savings and realestate investment goals by installing a Ground Source Heat Pump – aka Geothermal Heat Pump. Homeowners must have the equipment installed and final audit completed by March 31, 2011 to be eligible for retrofit rebates. Call us now and we can help! More details can be found on http://www.mei.gov.on.ca/en/energy/conservation/ohesp/
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April 7th, 2010
Effective today, the ecoENERGY Retrofit – Homes program is no longer accepting bookings for pre-retrofit evaluations. The program will continue to be administered until March 31, 2011. If you have already booked an appointment for a pre-retrofit evaluation, have completed an evaluation (audit) or applied for re-entry to the program, you remain eligible to apply for a grant. It is suggested that you complete your energy upgrades well in advance to allow enough time for your post-retrofit evaluation, as all post-retrofit evaluations must be completed by March 31, 2011. Contact the energy advisor that is listed on your pre-retrofit evaluation report or contact a licensed service organization and provide them with your file number. For more information, refer to the questions and answers. All Geothermal Expert customers are still eligible to recieve their rebates. However, inlight of the sudden decision from Natural Resources Canada to stop accepting new participants for the federal half of the program…..we encourge you to book your final audit if you are nearly complete your renovations. This will ensure you recieve you full federal and provincial audit value. It has been our pleasure facilitating geothermal solutions to the retrofit marketplace and look forward to many more years of replacement services even without the federal half of the rebates.
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March 11th, 2010
The ”Go-Green” Expo is the first of it’s kind in Ottawa and Geothermal Experts along with Geosmart Energy will have a booth! This exciting, 2 day event features hundreds of exhibitors, all dedicated to providing information, products and services that can help you live a greener lifestyle! With everything from home and garden ideas, eco-friendly food and clothing, transportation options, organic food and cooking, to guest speakers and interactive displays the Ottawa Go Green Expo offers many simple ways of going green and helping our environment! Location: Lansdowne Park, Aberdeen Pavillion, 1015 Bank Street. When: Saturday, March 20, 10am – 6pm and Sunday, March 21, 10am – 5pm. Introduce yourself to Geothermal Experts and tell us you read our Blog!
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February 8th, 2010
The City of Yellowknife is in advanced stages of project engineering and plans to install a district geothermal heating system by extracting heat from an abandonded Cole Mine. This project has the potential to provide a cost effective and more environmentally friendly alternative to burning fossil fuels for heat. The information that will come out of this project on the effect of extracting ground-source heat from an existing aquifer and its associated long-term heat capacity will help determine if this technology could be replicated in other northern communities including First Nation communities. (Source: HRAI)
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October 30th, 2009
FOR IMMEDIATE RELEASE
St. John’s, Newfoundland – GeoSmart Energy CEO Stan Marco and Stephen Marco, Operations Manager, were pleased to be on hand when GeoSmart Energy received The Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI) 2009 HRAI Education Supporter Award at the organization’s annual meeting in St. John’s, Newfoundland on Saturday, September 19, 2009.
The leading roll that Geosmart Energy has taken within the geothermal industry in Canada over the past four years is nothing short of admirable. Geothermal Experts can not find the words to express our gratification and committment to Geosmart for their continued leadership in the industry and dealer network support. We look forward to many years of great success sponsoring and supporting the Geosmart Brand.
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