With the implementation of Canada’s Greener Homes Initiative, homeowners now have access to immense cost savings in the form of grants or rebates for their electric retrofitting projects. So if you’re looking for a new heat pump or to replace a system that can’t heat your home the way you want, keep reading to learn how you can take advantage of these massive benefits.
What Separates Heat Pumps From Traditional Heating Methods?
Heat pumps bring efficiency via their streamlined processes, simplicity, and design. They bring heating and cooling in one unit and use electricity to transfer heat from a cooler location to a warmer one. They also trim your carbon dioxide emissions by at least 40% (depending on how your electricity is generated) and reduce the carbon footprint in almost 98% of homes. They also save money, giving homeowners savings that they wouldn’t see if they were forced to rely on propane or oil.
Additionally, heat pumps are more stable when holding temperatures in your home. They operate continuously at a fixed level lowering the highs and lows of the temperature in your home. Instead of having large swings between hot and cold, you’ll have much more stability and comfort.
How to Maximize Your Heat Pump Installation Savings
Canada’s Greener Homes initiative offers grants from $125 to $5,000 for all eligible home retrofits, up to $600 toward pre- and post-retrofit EnerGuide evaluations, and up to $40,000 in free interest loans with repayment terms of 10 years to assist in major projects. Learn more about how to save with a new heat pump:
Eligibility Criteria for Rebates
To secure your grant, homeowners’ heat pumps must be installed directly by a licensed and trained team like the ones at Sasquatch Home Services, who can provide proof of their license to install equipment in your location.
The heat pump must also be able to provide heat throughout the entire home, including any basements, regardless of the type of heat pump chosen. Homes must have at least one warm air supply outlet or indoor head on each floor to aid in heat distribution. Also, make sure to get your contractor to sign an attestation confirming the capabilities of the heat pump.
Eligibility also includes requirements for specific heat pumps, and are as follows:
- ENERGY STAR certified air source heat pumps with TWO indoor head or warm air supply outlets – $2,500
- Cold climate air source heat pumps with TWO warm air supply outlets – $2,500
- ENERGY STAR certified air source heat pumps with THREE OR MORE indoor heads or warm air supply outlets – $4,000
- Cold climate air source heat pumps with THREE OR MORE indoor heads or warm air supply outlets – $5,000
British Columbia residents are also eligible for various rebate options based on their location and the B.C. Hydro top-up program. Installing a ductless mini-split heat pump and replacing a fossil fuel heating system provides access to $3,000 from the CleanBC rebate and $3,000 from the B.C. Hydro top-up, in addition to the benefits from Canada’s Greener Homes grant. Learn more about eligibility for the top-up grant by speaking with your local heat pump installation company.
Turn to Sasquatch Home Services for Your Heat Pump Services
Pair your installation with the team at Sasquatch Home Services. We’ll perform a high-quality and deserving installation of your heat pump system, factoring in important criteria such as your home size and system features. Additionally, homeowners can pair their new heat pump with many different promotions featured on our side. Get 0% interest, no payments for 90 days, and a free in-home estimate for your new installation when you use our contractors. Contact us today to learn more or schedule your heat pump service.