The Capital Regional District (CRD) is partnering with EfficiencyBC to offer up to $2,350 in rebates to residents who switch from a fossil fuel-powered home heating system to an electric heat pump.
Offered as part of the Province’s new EfficiencyBC program, this rebate program will significantly reduce the cost for residents looking to lessen their home’s carbon footprint.
According to the Province’s Community Energy and Emissions Inventory, energy used to heat and power buildings is the second-largest source of greenhouse gas emissions (GHGs) in the capital region.
“Our new incentive program is a testament to the CRD’s commitment to both reducing GHGs in our region and preparing our community for climate change,” says Larisa Hutcheson, General Manager of Parks & Environmental Services with the CRD. “Electric heat pumps are the most efficient way to reduce your home’s GHG output—and, compared with oil heating, making this switch has the same impact as not driving your car for 15 years.”
Switching from oil heating to an electric heat pump also eliminates the risk of an oil tank leaking into the environment. A leaking tank is an expensive fix for homeowners and can lead to oil spilling into creeks, harbours, shorelines and drinking water sources.
Residents can apply through EfficiencyBC for incentives that help them save energy. Among other rebates, BC residents can receive up to $2,000 for replacing a fossil fuel home heating system (oil, natural gas or propane) with an electric heat pump. To meet the requirements, homeowners must install a qualifying, all-electric central or mini-split heat pump and remove their fossil fuel heating system.
In addition to this $2,000 base rebate, the CRD is offering a $350 incentive for the first 200 participating homes that make the switch across the region.
The program makes it easy for residents to access all of the EfficiencyBC, BC Hydro, FortisBC and local residential renovation incentives with a single application and free energy coaching services.
EfficiencyBC is funded by the Province of British Columbia and the Government of Canada under the Low Carbon Economy Leadership Fund and is in partnership with BC Hydro, FortisBC, BC Housing and many local governments. The EfficiencyBC program will dedicate $24 million to helping people save energy and reduce their environmental footprint.
For more information about the overall program, visit www.efficiencyBC.ca. To learn more about region-specific top-ups, visit www.crd.bc.ca/heatpump (additional incentives are available to Victoria and Saanich residents, offered by their municipalities).