Heat Pump Rebates in Canada
Installing a heat pump is a great way for homeowners to save money on their energy bills and reduce their carbon footprint. They are also an excellent option for homeowners who want to make their homes more comfortable.
In Canada, there are several rebates available for heat pump installation. These rebates can help homeowners save money on the cost of their heat pump installation and make it more affordable to make the switch to a more efficient heating system.
Get Up to $11,000 for Switching to an Electric Heat Pump From a Fossil Fuel Heating Source.
BC Hydro is offering a $3,000 rebate for homeowners who switch to an electric heat pump from a fossil fuel heating source like natural gas, propane, or oil. This is in addition to CleanBC's existing $3,000 rebate, which means eligible applicants can receive a combined rebate of up to $6,000 from BC Hydro and CleanBC.
The rebates are available while funding lasts, and to be eligible, people must:
- Own a home in British Columbia.
- Have a fossil fuel heating source, such as a natural gas furnace or oil boiler.
- Install an electric heat pump that meets the efficiency standards.
If a home already has an electric heating system, not a fossil fuel heating source, they can still get a rebate of up to $2,000 for heat pump installation.
Homeowners may also be eligible for up to $5,000 in additional rebates from the government's Canada Greener Homes Grant. The Canada Greener Homes Initiative is a program that provides homeowners with rebates for energy-efficient home upgrades. These rebates include up to $5,000 for switching to more energy-efficient heating or water-heating equipment like a heat pump.
The Canada Greener Homes Grant is a separate program from the BC Hydro and CleanBC rebates, and it has its own eligibility criteria and application process. It is ending in March of 2024. However, the government will likely be launching a new program to replace these rebates, but the details are not yet clear.
By switching to an electric heat pump, homeowners can save money on their energy bills, reduce their carbon footprint, and improve the comfort of their homes. So, if someone is considering switching to an electric heat pump, be sure to check out the available rebates before having it installed to ensure it is eligible. These rebates can help save money on the cost of the installation and make the switch more affordable.
About Sasquatch Home Services
Sasquatch Home Services is a locally owned and operated company serving Sooke, Greater Victoria, and Southern Vancouver Island. They provide same-day services, straightforward pricing, and the latest technology. Call them today for heat pump services in Sooke, BC.
