With the cold season upon us and energy efficiency rebates at an all-time high it has never been a better time to switch to a heat pump. Heat pumps are known to be the best alternative to furnaces and air conditioners, since they move heat from a warmer space to a cooler space as opposed to generating heat or using fossil fuels, they can reduce electricity use by up to 50 percent. Before you decide to switch, here is everything you need to know to save up to $13,600 by applying for an energy efficiency rebate*.
With the Federal Government Program, you can save up to $5,000 for energy efficient upgrades including heat pumps. The rebates can be combined with the provincial program listed below. To qualify for the federal rebates, you must get an energuide audit done to your home before and after any upgrades. We recommend booking as soon as possible as there are a limited number of auditors. The government will pay up to $600 for these audits. Watch the video below to learn more or to apply visit: https://www.nrcan.gc.ca/make-your-home-more-energy-efficient/23443.
Provincial energy efficiency rebates do not require an audit. Rebate amounts are dependent on what kind of heat source you currently have. Here are some examples:
Central Air Source Heat Pump Rebate – $1,200-$6,000. To receive the top $6,000 rebate, you would need to be converting your fossil fuel heating system (oil, propane, or natural gas) to a Tier 2 central heat pump in BC Hydro territory.
Mini-Split or Multi-Split Air Source Heat Pump Rebate – $1,000-$6,000. This is compatible with homes that do not have a duct system. There are many benefits to a ductless system including easy installation, lower operating costs and air conditioning capabilities.
CleanBC Dual-Fuel Central Air Source Heat Pump – $3,000. Convert your fossil fuel heating system (propane or natural gas) to a Dual-Fuel Central Heat Pump (heat pump with propane or natural gas back-up).
Some heat pump rebate requirements include:
In addition to the federal and provincial rebates, depending on where you live, you may qualify for an additional rebate top-up that can be added to your provinicial rebate. Top-ups available are on a first come first served basis and can run out at any time. No additional application is required.
Heat Pump Top-ups
If you are ready to save on your heating bill and reduce your use of fossil fuels now is the time. Contact us to book your no-obligation in-home or virtual estimate today.
*Coastal Heat Pumps is not affiliated with the municipality, provincial, or federal rebates available. Information provided above is for educational purposes. Homeowners are responsible to understand their eligibility and complete the required steps to receive the applicable rebate. While we work together to work with our customers to receive their rebate, Coastal Heat Pumps is not liable for any denied application.