New Westminster, B.C. — The cost of installing a heat pump in multi-unit residential buildings has just become more affordable. Homeowners in B.C. have access to two new heat pump rebates provided by BC Hydro and CleanBC under the Energy Savings Condo and Apartments program.
Through the BC Hydro rebate, homeowners who replace their existing electric space heating/water heater with a heat pump/hot water heater can receive a rebate of up to $3,250. While Clean BC customers can receive up to $8,500 for switching.
Both rebates apply to apartments/condos/stacked townhomes (eligibility differs per program) and are limited to electric-to-electric upgrades only. Installations also require a contractor who participates in the Home Performance Contractor Network.
However, each rebate program has its own eligibility requirements. For the CleanBC rebate:
- Household income and property value are considered.
- Apartment eligibility is up to six storeys.
- Heat pump rebates are up to $5,000 for mini and multi-split heat pumps.
- Hot water heater rebates are up to $3,500.
- Eligibility is open to residents with a BC Hydro or any municipal utility account.
For the BC Hydro rebate:
- Household income and property value are not considered.
- There are no storey restrictions for apartment buildings.
- Heat pump rebates are $1,000 for mini-split heat pumps and $750 per head for multi-split heat pumps (maximum of three).
- Hot water heater rebates are $1,000.
- Eligibility is open to customers with a BC Hydro or city of New Westminster utility account.
Homeowners can also watch a recorded webinar going over the rebate offers and questions here: