Subsidy ending earlier than expected

We learned just a few days ago that the EcoENERGY subsidy program aimed at assisting homeowners with their renovations will be coming to an end before its scheduled March 31, 2012, expiration date.

Natural Resources Minister Joe Oliver announced at the end of January that because it had achieved its initial objective of 250,000 homeowners registered in the program, EcoENERGY would be ending ahead of schedule.

Specifically, the EcoENERGY program is now closed to new registrations (effective January 28, 2012). For those already registered, all renovations must be completed by March 31, 2012, and the final deadline for post-retrofit evaluation is June 30, 2012.

EcoENERGY, you’ll remember, gave owners the chance to obtain up to $5000 for energy-efficient renovations to their homes, such as replacing doors and windows.

For more information: http://oee.rncan.gc.ca/residentiel/personnel/8515

Other source:

http://www.thestar.com/news/canada/politics/article/1123966