Grant Name: Air Source Heat Pump Loan

Status:

Active

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Deadline:

Ongoing

Description

This Program provides homeowners financial assistance for the cost of upgrade to an energy-efficient ENERGY STAR certified air source heat pump. The payback period is spread over 10 years.

The low-interest loan can be paid back over a 10-year term. The heat pump must meet energy-efficiency requirements:

  • variable speed mini-split: minimum Heating Seasonal Performance Factor (HSPF) of 10 and Seasonal Energy Efficiency Ratio (SEER) of 18
  • variable speed multi-split: minimum HSPF of 9.5 and SEER of 16
  • central system: minimum HSPF 8.5 and SEER of 15 (aligned with Tier 1)

Eligibility

  1. You must be a residential FortisBC or municipal electricity customer of Grand Forks, Penticton, Summerland or Nelson Hydro.
  2. Your existing primary and backup heating system must be electric.

How to Apply?

For a loan application, contact us online or call us at 1-866-436-7847

Funding Amount

You can borrow up to $6,500 to upgrade heaters

Contact Information

For a loan application, contact us online or call us at 1-866-436-7847.

Processing Fee

N/A

Location/Classification

British Columbia

Environmental

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