SaskEnergy is dedicating $3.75 million in 2022-23 to aid its customers in saving energy and reducing emissions through its Residential Equipment Replacement Rebate program.
“The Residential Equipment Replacement Rebate provides eligible homeowners with rebates of up to $2,000 to replace older furnaces and boilers with high-efficiency natural gas equipment,” said Don Morgan, Minister responsible for SaskEnergy. “This program helps homeowners reduce their energy consumption, save money, and minimize carbon emissions.”
The residential rebate program is meant to motivate homeowners to invest in high-efficiency natural gas equipment. This is with the hopes of mitigating end-use greenhouse gas emissions by 19,000 tonnes of CO2e this year. That would be equal to taking 4,100 vehicles off the road. Homeowners who qualify for the rebate can continue to save money and energy and reduce their end-use emissions for the life of the equipment.
“The most impactful thing we can do right now to reduce emissions is support energy efficiency for our customers and that’s exactly what this program does,” said Kevin Adair, who leads SaskEnergy’s Customer Service Operations. “Helping customers optimize home energy use is fundamental to our commitment to being a greener energy provider. Improving energy efficiency is a vital step in reducing overall emissions in Saskatchewan.”
Rebates of up to $1000 per home are available for eligible tankless water heaters replacing existing equipment, and up to $2,000 per home are available for eligible boiler replacements. Rebates are additionally available for eligible high-efficiency combi-boilers ($800) and tank water heaters ($250) that replace existing equipment, and for the installation of a heat recovery ventilator ($100) in an existing home.
The rebate is available exclusively through SaskEnergy Network Members. If the equipment was installed before December 31, 2022, then the rebate can be combined with the existing Saskatchewan Home Renovation Tax Credit. New builds are not eligible for the rebate.
To learn more about the Residential Equipment Replacement Rebate program and how to apply go to https://www.saskenergy.com/ways-save/residential-equipment-replacement-rebate
