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Cathy Rust is the editor of HomeStars.com Stories & Advice, where she chronicles interesting stories of homeowner renovations as well as advice from the home renovation experts.

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Toronto Renovation Stories & Expert Advice

Thursday, May 08, 2008

Toronto's Energy Efficiency Initiatives

I had heard a rumour that Toronto increases your property taxes if you add a solar panel or other renewable energy feature to your home (such as a geothermal furnace or mini-wind turbine) because it's considered a capital improvement. So, I checked with Cindy Bromley, the Communications Manager for the Finances and Administration Department at the city. She wrote to me and said: "There are no Toronto tax incentives or penalties for home power generation."
I have to admit, I was kind of disappointed to discover this if only because I thought it would have made a great story. Cindy did, however, send me some useful links on what's happening on the city and taxpayer level regarding some energy efficiency initiatives.
Below is a list of the links she sent me. In the first link, there is a section called the "home energy clinic." I've used it and it's kind of neat. You add your utility bills and it will calculate your overall energy use and what steps your could take to decrease your greenhouse gas footprint.
http://www.toronto.ca/environment/energy.htm

http://www.toronto.ca/environment/energy.htm#solar_hotwater

http://www.ec.gc.ca/cleanair-airpur/Taking_Action/Participation_Initiatives_and_Resources/Energy_Efficiency-WS7BDAE643-1_En.htm

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Posted by Cathy
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2 Comments:

Anonymous Anonymous said...

As working for a Toronto real estate company I`ve read many similar articles about this plan to increase the property taxes and I hope that it will remain just a rumour. I think that the Government should encourage people to remodel their home instead of penalizing them. I`m really contented that the green house scheme is becoming more and more important issue among the public.

7:06 a.m.  
Anonymous Anonymous said...

Whether it is real state or home. As per the climate of Canada. This year toronto really need furnace. Contact Toronto Furnace for best heating systems in winters.

5:15 a.m.  

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