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.