- The Government of Canada Subsidizes Your Heat Pump!
- How to Obtain This Subsidy for Your Heat Pump?
- What Other Heat Pump Subsidies Exist?
To reduce greenhouse gas emissions, the government is offering a subsidy of up to $5,000 to homeowners who install a heat pump. An energy-efficient alternative to traditional heating systems, such as oil, a heat pump can save you money on your Hydro-Québec bills, and Daikin thought you should know! Visit our page on how to obtain a heat pump subsidy if you are interested!
The Government of Canada Subsidizes Your Heat Pump!
The Canadian government has announced a new heat pump subsidy program to help low- and middle-income households transition from oil heating appliances to heat pumps. This is a $250 million investment as part of the Affordable Oil to Heat Pump Conversion Grant (AOHPCG), a new component added to the Canadian Greener Homes Initiative.
The program will provide up to $5,000 per household to help offset the cost of switching to a more efficient and environmentally friendly heating system. Heat pumps are an increasingly popular choice for home heating as they are more energy-efficient than traditional oil heaters and can significantly reduce greenhouse gas emissions.
The subsidy program is part of the government’s commitment to combat climate change and help Canadians transition to a more sustainable future.
How to Obtain This Subsidy for Your Heat Pump?
To be eligible to receive this grant issued by the federal government, you must:
- Be a Canadian household with an income below the median household income.
- Your home must be heated with oil as of January 2023 (proven with copies of your oil bills for the twelve months preceding the application).
- You must be the primary resident and homeowner.
- The subsidy will be available and accessible in 2023. So, if your home is heated with oil, you could access this subsidy of up to $5,000 to replace your system with a heat pump as early as 2023.
What Other Heat Pump Subsidies Exist?
If you install a heat pump, you could receive financial assistance from the Rénoclimat, Novoclimat – Maison, and Novoclimat – small multi-unit building programs. You can also receive financial assistance under the Chauffez-vert program.
How Do the Programs Calculate the Amount?
For every 1,000 BTUs of heat you need to maintain a temperature of -8°C, you can receive $50.
What is the Process for These Heat Pump Grant Programs?
Rénoclimat
The Rénoclimat program is a government initiative to help homeowners reduce their energy consumption and costs. The program begins with a consultant visiting your home to perform an energy evaluation. The assessor will determine your home’s energy needs and recommend solutions to improve its efficiency. You may also be eligible for a heat pump grant covering up to 100% of the cost of a new heat pump.
Key Points on Rénoclimat
- The Rénoclimat program starts with a consultant visiting your home for an energy assessment.
- The evaluation report will guide you in making your home more energy-efficient through renovations.
- You must register for the program and have the consultant visit before starting the work.
Novoclimat Houses or Small Multi-Unit Buildings
The Novoclimat program provides financial assistance to buyers and contractors in the case of a house, or to developers in the case of multi-unit buildings, for constructing a new high-performance Novoclimat-certified home.
What You Need to Know About This Grant for Your Heat Pump:
- This program is for both homeowners and developers who want to build high-performance homes that meet specific energy efficiency criteria.
- To be eligible for funding, homes must be built according to certain standards established by Novoclimat and must obtain certifications from independent third parties.
Efficient Heat Pumps, Hydro-Québec Subsidy
The “efficient heat pumps” program provides access to financial assistance for installing a heat pump. To be eligible, make sure to choose a model from our approved Daikin heat pumps. Submit your financial assistance application no later than six months after installing the heat pump. See the information via this link.
Finally, you have choices for your heat pump subsidy in 2023!
Now that you know the Government of Canada offers a subsidy of up to $5,000 for your heat pump, what are we waiting for? Take advantage of this great opportunity by contacting your nearest Daikin specialist. And don’t forget to check out our other heat pump offers while you’re at it!
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