This provincial oil-to-heat-pump incentive program is helping households reduce their home energy bills by offering up to $1,700 in rebates to update their oil furnace with a new heat pump. As home heating oil is a significant source of rural Comox Valley greenhouse gas emissions, the Comox Valley Regional District (CVRD) is offering a $400 bonus incentive to electoral area homeowners participating in this program.
Upgrade from Oil to a Heat Pump and Save!
Up to $1,700 per home is available to help British Columbians upgrade from oil heating to efficient electric air source heat pumps through the Oil to Heat Pump Incentive Program.
The program is funded by the B.C. Ministry of Energy and Mines’ Innovative Clean Energy (ICE) Fund and administered by City Green Solutions, a non-profit energy efficiency organization.
Why Upgrade to a Heat Pump?
- Great Savings: a heat pump typically lowers your energy bills by 40 to 75%, paying for itself through heating bill savings.
- Safe Operation: removing your oil tank reduces the financial and environmental risks of a home oil tank spill.
- Smaller Footprint: upgrading to a heat pump dramatically shrinks your home’s greenhouse gas emissions – more than not driving a car for 15 years!
- Home Comfort: a heat pump provides comfortable, clean, and affordable heating and cooling year round.
Who Qualifies and How Do I Apply?
Visit www.oiltoheatpump.ca or call 1.877.545.6247 to learn more.