Green Party leader spends $300,000 to save a hundred bucks a month

Green Party Leader Mike Schreiner just paid $300,000 to give his home an “energy efficient” makeover, which he says will save his family… maybe $50 or $100 a month?

  • Alain

    It is the same with all the so-called green energy including electric cars. Furthermore if one takes into account all that is required to produce it and run it, it is not environmentally friendly in the least. This is why without corporate socialism (government involvement in business) none of them can make it on their own.

  • tom_billesley

    Britain has a “Green Deal” available. You can spend a load of money on greening your house. You get to borrow the money from the government and pay interest at only 6%. The repayments are added to your utility bill. You have to pass your loan on to the new owner when you sell the house. Great incentive to buyers. Oh, and there’s no guarantee that you’ll save more on reduced energy usage than you spend on greening.

  • Allan

    I think that Ezra misses the point. Of course spending 300K to save $1,200 or even $2,000 year is not a wise ROI, But more important, what percentage of WORKING families in Toronto has that kind of scratch to, “invest” in a project like that? And what Ezra or someone else should really be investigating is what type of tax credits will this clown be receiving, (credits subsidized by all tax payers). I can tell you one funny/sad story about direct subsidies. A good friend of mine put in a Geo-thermal system for his 5 million dollar cottage. When I asked him how much it cost, he told me AND showed me the paperwork; our provincial government paid 75% of the total $377K bill!

  • Clausewitz

    Progressive economics. It’s all about feelings, and nothing to do with Logic.

  • J. C.

    An investment that pay for itself in 250 -300 years… Money well spent, indeed!

  • Xavier

    We looked in to solar panels and windmills, not for their “greenness” but so we could be partially or completely free of energy providers. It turns out that neither will ever recoup their investment. Additionally, the figures published on average wind speeds, which are used for calculating ROI for windmills, were fabricated by the windmill industry.

    If anyone would like to sell us a small nuclear reactor for power generation we’d be interested in talking to you.

  • Bataviawillem

    I think this guy knows what is coming.
    Hydro is going up at a rate of 10% per year, cap and trade will do the rest 😉