Glossary · Programs & credentials
Utility rebate
Also called: utility rebates · utility incentive · utility incentives
Money back from your electric or gas utility for buying efficient equipment or making upgrades, often stackable with government programs.
What it means
Utilities fund rebates through their efficiency programs, and amounts, qualifying equipment and paperwork vary widely. Many require pre-approval, a participating contractor, proof of purchase and sometimes the equipment's AHRI certificate or an energy assessment; some are instant discounts through the store or contractor.
Why it matters in an audit
Rebates change the payback of upgrades, so check them before signing; some must be applied for before work starts.
In Canada
In Ontario, Enbridge Gas and Save on Energy deliver their home rebates through the Home Renovation Savings Program.