Investing in a heat pump isn’t just a smart decision that will reduce your energy consumption and carbon footprint, it also aligns with Canada’s goal of carbon reduction. Heat pumps are revolutionizing the HVAC landscape, and even helping Canadians save money. That’s why so many Canadians are opting for heat pumps. However, if you plan to install one, now is the time! The heat pump grants and rebates that are available are ending soon; find out what you need to know here.
Get Your Application in by March 2024
It’s been announced that applications for the HER+ and Greener Homes Grant won’t be accepted after March 2024. The government program has been hugely successful, which is why they’re anticipating funds being exhausted by March 2024. Unfortunately, this means the program is ending prematurely, as it was originally planned to last until 2027. But, you can still take advantage of these massive savings if you submit your application by March 2024.
Ontario Heat Pump Grants & Rebates
Canada Greener Homes Grant
Through the Canada Greener Homes Grant, you could receive up to $5,000 in rebates to cover the costs of installing a qualifying ENERGY STAR® certified heat pump. Plus, you could get up to $600 for the mandatory EnerGuide evaluation.
When you apply for the grant, there’s also the option to apply for a no-interest loan of up to $40,000 with a repayment term of up to 10 years. Eligible Canadians can use this loan to help pay for bigger energy-efficiency upgrades in their home. This helps you save energy now but also saves you money on your utility bills going forward. You can even receive a portion of the loan upfront to help you get started on your home improvements.
Home Efficiency Rebate Plus (HER+) Program
Enbridge Gas is also offering residents of Ontario heat pump rebates. Through the HER+ (Home Efficiency Rebate Plus) Program, eligible Ontarians can receive up to $6,500 for the installation of qualifying ENERGY STAR® certified space heat pumps or up to $7,800 on ENERGY STAR® certified hot water heat pumps. You could also get an additional $600 for the required EnerGuide evaluation.
Apply with HAMCO’s Help!
While the application process is fairly simple, there are requirements you must meet – and we can help with that! The process consists of the following steps:
- Confirm eligibility.
- Fill out the application.
- Schedule the EnerGuide evaluation.
- Have HAMCO complete the upgrades.
- Schedule the post-upgrade evaluation.
- Receive your money.
HAMCO can help every step of the way!
Don’t wait until it’s too late!
HAMCO Heating & Cooling Ltd. has been serving the heating and air conditioning needs of Hamilton, Burlington, Oakville, Grimsby and Brantford areas since 1946. We have a wide range of air conditioners to fit your specific needs and budget and the expertise to install and service a wide range of energy efficient heat pump systems.