Daily Home Renovation Tips

Yesterday we wrote about 4 macro events occurring in the past 6-ish months or so which could impact the participation levels and depth of participation in the ecoENERGY Retrofit program.

Today we commence our look at the statistical data over the first 30 months, ending September 30, 2009 for the ecoENERGY Retrofit program.

The following statistics were provided to DailyHomeRenoTips.com by Media Relations Assistant | Adjointe aux relations médias  of | de Natural Resources Canada | Ressources naturelles Canada, with our sincere thanks.

First, we look at the extent of incentive (grant) payments from the program (Federal portion only) to Canadian households:

Here are the numbers:

                                  2007-08    2008-09    2009-10*

# of E&F Audits       17,663        76,455       58,413    

Average Value     $   1,069     $   1,145    $    1,353    

Total Payout**       $     18.9     $     87.5    $      79.1

(*6 months only) 

(**millions) 

Remember, the numbers for 2009-20 period are only for 6 months. Wow. If you annualized the Number of Second (E&F) Audits for 2009-10 [116,816 (58,413*2)] and compare to 2008-09 [76,455], we would see a huge increase in the current periods number.

As well, the Average Value of the grant payments during the first 6 months of the 2009-10 period [$1,353] are ahead of that for the prior two period [$1,069 and $1,145].

Clearly, people are having the second audits completed during the 3rd 12 month period of the program vs the second. Is this simply because of the program’s maturity?

As well, the amount of payment to household (Average Value) is increasing.

However, disappointedly the Average Value of grant payout per participating household who has completed the second energy audit is only 27% of the maximum $5,000.

This continues a trend where participating households are investing in only a few of the possible energy efficient upgrades between the first and second energy audits.

What about the savings?  Here are the numbers: 

                                   2007-08     2008-09       2009-10*

Marginal Savings**   59,559      261,567        179,217

Marginal Savings

      per House                3.37            3.42              3.07

Ave. Energy (GJ)         48.40          51.60            46.90

(*6 months only)

(** CO2 tons / year)

To me, while the savings per household are down during the 1st 6 months of the current period, this is more than offset by the large increase in the number of households completing the second energy audit (from the first chart above) which has lead to an overall rise in the marginal savings, annualized, for the current period.

Next time, more numbers and analysis on the progress of the ecoENERGY Residential Retrofit program during its first 30 months. To continue to the next article in this series, simply select this link to Part 3.