Stop Losing Money!

Scallywags are creeping around in your house, stealing your energy. But don’t worry, insulating your basement and attic can make a big difference on your electricity bill.

For an electrically heated home in Newfoundland and Labrador, heating costs average about $1,200 per year. If you don’t have enough insulation, you could be spending even more! Insulate your basement and you could save over $450 each year. Top up your attic insulation, and you could be looking at an additional $250 in annual savings!

Just imagine what you could do with $700 in savings…

Still not convinced? Insulating is worth the investment!

If the cost of insulating your attic or basement is holding you back, think again. With a takeCHARGE rebate of up to $1,000* for basement insulation and up to $1,000* for attic insulation, a project like this can pay for itself in as little as six months!

The Payback Period

The savings could surpass the investment quicker than you think! Let’s take a look at a typical basement and attic project.

AREA INSULATION COST (BEFORE TAX) REBATE COST AFTER REBATE ANNUAL ENERGY SAVINGS PAYBACK
Basement Walls $950 $712 $238 $469 About 6 months
Attic $1,106 $553 $553 $250 Just after 2 years

Keep in mind that other building materials will be required to complete your basement insulation project.
*Your home and project must meet eligibility requirements. Savings and costs vary.

Learn more about the takeCHARGE insulation rebate.