After down payments and mortgage rates, one of the greatest costs for Canadian homebuyers is heating. When cold weather strikes, the heating bills can add up quickly, putting financial strain on homeowners. However, there is a simple and affordable way to cut down on this expense: insulation. Not only does insulation help keep a home warm during winter, it also helps keep it cool during the warmer months. Additionally, insulation is a more environmentally-friendly solution than using energy to heat or cool a property. Best of all, it allows homeowners to spend less money on utilities.
What is insulation?
Insulation can be made out of various materials, but is most commonly composed of either fiberglass, mineral wool, cotton, cellulose fiber, mineral fiber or some combination thereof. This material is placed within the spaces between walls, attics, crawl spaces, ceilings, basements and garages in order to seal in air and keep the elements out. Continue reading
Purchasing a property is a major life decision, so it only make sense that home buyers would want to ensure that their financial investment makes sense in the long run. One way to do so is by ensuring that they're purchasing an energy efficient home. Energy efficient homes are designed to reduce energy consumption, as well as other environmentally-unfriendly things like greenhouse gas emissions and nonrenewable resources. Properties can either be built from the ground up with energy efficiency in mind, or existing homes can be renovated to make them more energy efficient.
Determining energy efficiency
One of the simplest ways to determine a property's energy efficiency is to find out its EnerGuide rating. EnerGuide compares properties and rates energy performance on a scale of zero to 100. The higher the score, the better a home's energy efficiency. Continue reading
It’s a win-win situation: renovate your home, improve energy efficiency, lower your monthly bills and get up to $5,000 back in an ecoENERGY grant to pay for a portion of it. That’s exactly what the Government of Canada is offering through the ecoENERGY Home Retrofit Program, which was extended June, 6 2011.
In order to qualify for rebates, homeowners must contact a local energy advisor to book their home energy audit. These can be found by calling Service Canada (1-800-622-6232) or conducting a quick Internet search for energy auditors in your area. HomePerformance, for instance, provides energy audits in British Columbia and Ontario while Alberta Energy Audit provides eco-energy evaluations for both residential and commercial properties located in Calgary.