Geothermal technology is an increasingly viable clean energy alternative for heating and cooling in Saskatchewan, thanks to a new loan and rebate program recently announced by the provincial government.
Loans of up to $50,000 now are available through SaskPower Eneraction while the
province’s Energy Efficiency Rebate for New Homes program has been bolstered
offering rebates of up to $3,500 to residents who install a geothermal system
in a new energy efficient home. The government also has added a 10-percent
incentive to its net metering program for residents who want to power their
homes using green sources like wind or solar.
“This announcement places Saskatchewan at the forefront in progressive policy
on renewable green energy,” says David Anderson, alternative energy engineer,
Solar Outpost Inc. “The loan and rebate program will make it economically
viable for residents to switch to clean energy, and that’s great news for the
environment and for people seeking cost-effective, energy-efficient
For more information about the
Saskatchewan loan and rebate program, visit ww.saskpower.com.
Saskatchewan Loan, Rebate Program Supports Geothermal
December 17, 2008