Subsidies and Tax Credits for Renovations in Alberta
Last modified: 2018/10/05 | Approximate reading time 3 mins
The Residential Access Modification Program, or it's fitting acronym RAMP, provides grants to assist low-income Alberta homeowners who face mobility challenges to modify their homes so that they can enter and access their home easily. Those who are eligible for RAMP can receive up to $7,500 per year and up to $15,000 within a 10-year benefit period.
Regardless of your age, all wheelchair users who meet program criteria are eligible. However, you must be a Canadian citizen and have lived in Alberta for a consecutive period of 90 days, as well as having a health card. Further, anyone living with a progressive neurodegenerative disease, including but not limited to multiple sclerosis, muscular dystrophy, ALS, COPD, as well as non-recovering stroke victims, those with Parkinson's disease, Alzheimer's disease, spina bifida and/or spinal cord injuries or those who require a walker.
There are many specifications for this grant application, including income guidelines, the specifications of the home renovations and priority applicants. Therefore, it is recommended that if you believe you are eligible and are interested in applying, that you research thoroughly at Human Services Alberta.
Green Energy Renovation Initiatives in Alberta
source: Wikimedia Commons
For the province of Alberta, the Carbon Levy and Rebates Program helps to offer financial incentives to homeowners to lower their emissions and reduce their carbon footprint. As of January 1st, 2017, Alberta charges a carbon levy on all fuels that diffuse greenhouse gas emissions when combusted at a rate of $20/tonne. The rate is based on the amount of carbon pollution released by fuel when combusted and includes transportation fuels such as diesel, gasoline, natural gas and propane.
However, for farm owners, certain fuels will be exempt based on their use, such as marked gas and diesel. Also exempt is electricity. This levy is being reinvested into the province of Alberta in order to grow and diversify the economy alongside the reduction of carbon pollution.
By encouraging individuals to shift away from higher emission fuels, they become more energy efficient and thus, more environmentally friendly. By providing lower to middle-income Alberta homeowners with rebates, the provincial government is hoping to offsets the costs associated with the carbon levy.
Further, a Residential No-cost Energy Savings Program is offered, with free installation of residential efficiency products such as lighting elements, water fixtures and programmable thermostats and other energy efficient appliances and products into their home. To find out if your household is eligible, consider the details on the province of Alberta's website.
For homeowners or landlords who manage an entire building, which consists of 3 or more suites, the city of Calgary offers a multi-unit toilet replacement program. If you are willing to replace older toilet models, which waste high amounts of water, with high-efficiency WaterSense toilets, the city will provide a $50 rebate for each toilet.
To be eligible, you must occupy a multi-unit building in the city of Calgary, and have removed any 13L+ toilets, and installed the WaterSense marked toilets. Make sure to do ample research regarding toilets before installing just any old porcelain bowl in your bathrooms!
Banff residents can apply for rebates and incentives if they choose to add green and/or energy efficient features to their homes to reduce home energy use. Water use reduction, as well as home energy use reduction, are two ways that Banff homeowners can save money while receiving rebates after the installation of green-friendly appliances.
There are several different options for water use reduction rebates, including but not limited to: replacing your toilet with a dual-flush or high-efficiency replacement, implementing an Energy Star certified washing machine or dishwasher as well as installing rain barrels.
Regarding home energy use reduction, lower electrical and gas bills as well as reducing energy and greenhouse gas emissions caused by excessive energy use through the installation of Energy Star certified products that include full-sized refrigerators, certified solar hot water systems, programmable thermostats, as well as a high-efficiency furnace.
The amount of the rebate will vary from household to household and product to product, though if this is something you've been considering, take a look at Banff's website.
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