There are a number of residential geothermal tax credits and rebates available in both Canada and the United States. Browse through the options below to find a rebate that applies to you.
Heat Pump Rebates in Canada
Ontario Heat Pump Rebates
The Green Ontario Fund offers rebates on heat pumps in Ontario, up to a maximum of $20,000. Through this fund, you can access up to $2,000/ton for a geothermal heat pump on a horizontal ground loop, and $3,000/ton for a geothermal heat pump on a vertical ground loop. There are special bonuses for heat pumps with desuperheaters and coefficients of performance higher than 4.0.
Visit the GreenON Fund Website.
Read our blog post on the Ontario heat pump rebate from GreenON.
Nova Scotia Heat Pump Rebates
There are several financing options and rebate options available in Nova Scotia:
Efficiency Nova Scotia offers a $1,900 rebate on the cost of installing your heat pump, or they offer 2% financing from $2,500 to $15,000 for up to five years in conjunction with TD Bank.
Learn more about Nova Scotia heat pump rebates.
Nova Scotia Power also offers a heat pump financing program. Get your heat pump installed by an approved contractor and you could qualify for a lease-to-own program. The financing available covers the total price, including installation and taxes.
Learn more about Visit the Nova Scotia Power website.
Quebec Heat Pump Rebates
Hydro-Quebec supports the installation of geothermal systems certified by the Canadian Geoexchange Coalition. They provide grants subject to certain conditions.
Learn more about Quebec heat pump rebates and Quebec heat pump financing.
Saskatchewan Heat Pump Rebates
The government of Saskatchewan has renewed the Energy Efficient Rebate for New Homes which offers a $3,500 grant for geothermal projects.
Visit the Solar Outpost website to learn more.
Manitoba Heat Pump Rebates
Owners of new and existing homes in Manitoba are eligible to receive up to $5,000 in grants and tax credits for geothermal installations.
Go to the Manitoba Municipal Government website to find out more.
Heat Pump Rebates and Tax Credits in the United States
Federal Government
The United States Federal Government offers a 30% uncapped tax credit until December 31, 2016.
Visit the U.S. ENERGY STAR website for more information
State Geothermal Heat Pump Rebates and Incentives
DSIRE is a database of state incentives for renewables and efficiency. This website provides a searchable database for geothermal incentives by state and is an excellent resource for homeowners.
Start searching the DSIRE database.
