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Energy and your money

January 24, 2007

Rob's Home

Two Years ago I installed a Kerr 2000 Wood Boiler in parallel with my regular oil furnace. Our house is 2,500 square feet and we have a 1,000 square foot Granny Flat attached. Next year I will break even on the costs.

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What have I learned since November 2004 and what am I doing about it?

First of all I learned that the Kerr 2000 really struggles to heat 3,500 square feet. Most nights in the hard heating season I would have to do the 3am feed. Now I know what being a mummy is like! With all that demand it was also hard to keep the temperature high enough to prevent creosote build up - we had a chimney fire last spring.

Part of the issue is wood as well - next year we will built a real outside crib - we can store about 5 cord inside now and keep another 3 outside but our site does not have enough ventilation.

Our plan this year is to take the pressure of the one furnace and to move toward a more diverse system. By the way we did the obvious also and insulated the roof and put in new windows everywhere - no point just heating Stratford.

In the Granny Flat we have installed a pellet stove - an Enviro Empress.

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This type of stove is great for retro fitting - as they are so efficient nearly all the heat is retained and venting is much safer and simpler than for a conventional wood stove.

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Here you can see how the Redclay guys ran the pipe up through 2 roofs. The job took less than a day. We got the stove from Corrigans.

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Here you can see the pellets in the hopper at the back of the stove. Pellets come in 40 pound bags that cost about $5.0 each.(Can) At the moment we use a bag every 3 days and we are told we will use a bag a day in Jan - March season. We have already discovered that there are pellets and there are pellets. We now use Eastern Embers - a very high quality pellet that we get from Home Hardware.

There is a major difference between a good pellet and a poor one - so find out in your area what is best.

In the main house, we replaced our old wood stove with a high efficiency EPA stove - a Pacific Super 27.

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It can burn all night and also is fan assisted so that in the shoulder seasons - November - December and March - May we will heat the entire house with this. We will use about 3 cords of wood versus 3 tanks of oil. ($450 versus $2,100)

We have also learned that using the big furnace in the shoulder seasons is not a good idea. It does best in the hard cold of Jan - March when we would normally get through 4-5 tanks of oil at $700 a pop! (Between $2,800 and $3,500). Instead we will use 4-5 cords of wood ($600 - $750)

We are in the process of also installing a Solar Water heater. Currently we heat our water by demand off the boiler either oil or wood. In the summer we get through a tank of oil simply heating water. So mover the year our water heating must be about 2 tanks of oil or about $1,400.

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In the summer this will heat all our hot water. The pump is run by the small voltaic cell that you can see on the left of the larger panel. In the winter it will take the well water of about 4C up to a middling temperature where the furnace will heat it to standard.

We await a sunny day to fill the system with Glycol and I will keep you posted on how this works. In my next post I will talk about where you can get good help and advice on PEI

Power Points - Tips for Saving Money at Home

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Here is Sara Fraser at her new/old range at home.

In the summer of 2006, she put together a series of short and very informative TV spots that you can download and watch that show you how to save a lot of money using energy differently at home. Great advice that anyone can use presented in a human way - she is even filmed in the shower for the water heating show.

It's a treasure trove.

You can find them here.

She investigates -

  • Washing Machines
  • Lighting
  • Gas for your car
  • Air conditioning
  • Phantom Power
  • Water heating
  • New Homes
  • Wood stoves
  • Home insulation

Investing Solar Water Heating for you at Home

PEI offers loans of up to $5,000 at 6% to fund renewable. There is also a PST refund as well. Sara Fraser found the application process both fast and easy.

Here is the website with all the information.

Here is a summary:-

Alternative Heating Loan Program

The Alternative Heating Loan Program provides low-interest loans to help Islanders buy alternative heating systems. That includes:

  • wood-burning appliances
  • wood-pellet burning appliances
  • solar air heating systems
  • solar water heating systems

(the above items must comply with CSA codes or have EPA certification)

  • ground- or water-source heat pump  systems with Energy Star certification
  • drain water heat recovery systems

Loans of a minimum $1,000 and maximum $5,000 per household are available at an interest rate of 6% annually. The loan can be used to purchase any of the above alternative heating systems; to install the system; and to purchase any accessories that are required for the safe and efficient operation of the system. For example, if you are installing a wood stove and need a new chimney to operate it, you may apply for the loan to purchase the stove and build the chimney.

To be eligible for this program, the applicant(s) must be a full-time resident of Prince Edward Island and own the home the equipment is being purchased for and installed in. There are no income restrictions on eligibility.

Please Note: If you received a loan in 2005/06 under the Alternative Heating Loan Program, you cannot apply for another loan in 2006/07.

Provincial Sales Tax (PST) Exemption

There is a PST exemption on small-scale renewable energy equipment with a rating of 100 kilowatts or less (100 kilowatts = 340,000 BTUs). Items which are exempt from provincial sales tax include:

  • wind energy generating systems
  • biogas energy generating systems
  • ground-source or geothermal heat pump energy generating systems
  • solar thermal energy collection systems
  • solar photovoltaic energy collection systems
  • drain water heat recovery energy collection devices

The PST exemption on small-scale renewable energy equipment is retroactive to April 8, 2005. If you have purchased an item since April 8, 2005 and paid PST, you can request a tax rebate by completing the Request for Refund of Revenue Tax form. You must attach the original invoice or receipt. It will take about six weeks to receive the rebate.

For more information on the PST exemption on renewable energy equipment, contact Provincial Treasury, Taxation and Property Records, at (902) 569-7542.

Forms

Alternative Heating Loan Program Application for Financial Assistance

 

*Printable version of this form [554 KB PDF File]

Residential Energy Assistance Program Client Information Form

 

*Submit this form online

*Printable version of this form [93 KB PDF File]

Programme d'aide liée aux coûts d'énergie domestique Formulaire de renseignements sur le client

 

*Printable version of this form [77 KB PDF File]

Request for Refund of Revenue Tax (PST)

 

*Printable version of this form [162 KB PDF File]


Investing in Wind on PEI

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PEI Wind Bonds are now eligible for RRSP's.

Check out this site for how to invest.