Home Energy Audit

By
Real Estate Agent with CENTURY 21 Capital Realty Inc., Brokerage

A Home Energy Audit is something that is required before you begin making energy efficiency improvements to your home, if you plan on applying for Provincial and Federal rebates through the ecoENERGY program.

It's also something that could be mandatory in the coming months by the Ontario Government, as laid out in the Green Energy and Green Economy Act (Bill 150). Part of this Act could force home owners to pay for an Energy Audit, costing about $300, before putting their house up for sale. What this means is that you'll begin to see the EnerGuide sticker on the Electrical Panel of each home, similar to the ones you currently see on major appliances. It will show you the current efficiency level of the home, and also what level could be acheived with the improvements as presented in the Energy Audit.

There is concern from the Ontario Real Estate Association, that these audits could be used by potential purchasers as bargaining chips to significantly reduce the final selling price. I'll keep you updated of how this act progresses through legislation.

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szabolcs

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Rainer
10,489
Craig Iden
Golden State Home Inspections - Sacramento, CA

I do energy audits in California and I think there should be some sort of incentive for homeowners or buyers to have an energy audit.

Mar 04, 2009 11:31 PM #1
Rainer
12,988
David Phelps
The Roofing Company, Inc. - Portsmouth, VA

Nice post Szabolcs, I think homeowners do have incentive to do home energy audits. They will know what areas to improve.

Mar 06, 2009 07:31 AM #2
Rainmaker
188,757
League City, TX - Worrell Team, REALTORS, GRI, CNE
Bayou Properties Realty - League City, TX

Szabols--energy audits are not required here, but a friend of mine is saving hundreds of dollars a month after implementing the changes recommended in her audit.  It paid itself off in a month.

 

Mar 19, 2009 10:48 PM #3
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