Save Money on a New Heat Pump Installation With Rebates

New CleanBC Better Homes Energy Savings Program to Make Electric Heat Pumps and Efficiency Upgrades More Affordable

The new CleanBC Better Homes Energy Savings Program is a government program that provides rebates for energy-efficient home upgrades. The program is expanding on the former CleanBC Income Qualified Program to make fuel-switching and energy-efficient upgrades, like electric heat pumps, more affordable for low or moderate-income households across British Columbia.

The new CleanBC Better Homes Energy Savings Program is launching on June 18, 2024, which is when program registration will open. The program is part of the provincial government’s plan to reduce greenhouse gas emissions and build a clean economy. However, homeowners will benefit from more affordable, energy-efficient upgrades like a heat pump installation that can save them money on energy bills.

The new program enhancements for the CleanBC Better Homes Energy Savings Program include:

  • Providing rebates for 100% of the expense of getting a new heat pump, up to a cap, which varies by the heat pump type, whether central, multi-split, or mini-split. This means people may be eligible to get a free heat pump.
  • Income-qualified applicants can receive a rebate of as much as $16,000 to switch to high-efficiency heat pumps in homes currently heated with oil, natural gas, and propane. This is up from $9,500.
  • People eligible and living in northern British Columbia who are switching from natural gas, propane, or oil heating to an electric heat pump can access up to an additional $3,000 toward the installation of a heat pump.
  • Increased maximum rebate amount for electrical service upgrades that are needed to install a new heat pump to $5,000. This is up from $3,500.
  • The program has expanded eligibility to include middle-income households as well.

This means that income-qualified and location-qualified applicants could receive as much as $24,000 to cover the costs of a heat pump installation, including the required electrical upgrades.

Also, the program will continue to provide support for additional efficiency upgrades at current rebate levels, including insulation, windows and doors, and ventilation. It will also provide rebates of as much as $5,000 for households switching from electric baseboards to electric heat pumps.

Benefits of an Energy-Efficient Heat Pump Installation

Using this program to receive rebates on a new heat pump installation is not only beneficial in that it makes it much more affordable to get a new heat pump, but it can also provide homeowners the benefits that come from installing a heat pump, such as:

  • Better energy efficiency
  • Save money on energy bills due to efficiency
  • More eco friendly
  • It can be used for both heating and cooling
  • Comfortable home since heat pumps are great at maintaining consistent temperature and humidity

About Sasquatch Heat Pumps

Sasquatch Heat Pumps is an electrical, heating, and air conditioning company serving the Sooke area. They provide straightforward pricing, the latest technology, and full-service heat pump installations. Call them for heat pump installation and services in Sooke, BC.

Save Money on the Installation of a Heat Pump With Rebates

Heat Pump Rebates in Canada

heat pump installationInstalling 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.

save money with heat pump rebatesBC 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 Heat Pumps

Sasquatch Heat Pumps 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.

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