The RénoVert Tax Credit
The Québec Government is currently offering a refundable tax credit for eco-friendly home renovation work: the RénoVert Tax Credit.
The maximum amount you can claim is $10,000, which represents 20% of the portion of your expenses exceeding the first non-admissible $2,500 and paid between March 18, 2016 and January 1, 2019.
This program is open to owners and co-owners of a single-family home, prefabricated house or mobile home, condominium, or winterized cottage, among others, and the eligibility period for recognized renovation work has been extended to March 31, 2018. Note that all work must absolutely be completed by a qualified contractor!
For more information, please visit Revenu Québec’s RénoVert Tax Credit page.
Is Replacing, or Adding, Doors and Windows Recognized as Eco-friendly Renovation Work?
Yes, it is! When replacing or adding doors and windows, as long as you are installing ENERGY STAR certified products corresponding to your dwelling’s Climate Zone, your renovation work is admissible! The installation of ENERGY STAR certified skylights is also included in the list of recognized eco-friendly renovation work.
So make sure to look for ENERGY STAR certified products! According to Natural Resources Canada, windows that meet the highest ENERGY STAR criteria are up to 40% more energy-efficient than traditional windows. Thus, installing high energy-efficient doors and windows enable substantial energy savings and, as such, can truly have a real positive impact on the environment. Not surprising, then, that windows appear on the 2018 ENERGY STAR Most Efficient designation list.
In turn, energy savings also translate into lower energy bills for consumers. This could mean more money in your pockets next year!
Starting to think about replacing your doors and windows? Contact Portatec, a Canadian door and window manufacturer specializing in premium custom entry doors. Their stellar reputation rests not only on their innovative products and assembling techniques, but also on their outstanding customer service. Their team of professional installers works carefully and rigorously to ensure the best overall performance of your doors and windows.
If you’re suddenly dreaming bigger, here is a non-exhaustive list of other recognized eco-friendly renovation work: work relating to the envelope of a dwelling, for example, insulation, sealing, installation of a green (living) or white (reflecting) roof; work relating to the mechanical systems, such as the heating, air conditioning, water heating or ventilation systems; water conservation and quality; soil quality (decontamination); as well as many other eco-friendly renovation projects.
Happy home renovations!