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heat pump rebates

Available Rebates

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

Ontario does not currently have any geothermal heat pump rebates.

Nova Scotia Heat Pump Rebates

There are several financing options and rebate options available in Nova Scotia:

Efficiency Nova Scotia offers a rebate of up to $2,500 on the cost of installing a geothermal or air source heat pump through their Green Heat program. The heat pumps must meet certain efficiency requirements, and be installed by a qualified contractor. This rebate is open to both electrically and non-electrically heated homes.

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 financing at 7% over 3-10 years. The financing available covers the total price, including installation and taxes.

Learn more about Visit the Nova Scotia Power website.

New Brunswick Heat Pump Rebates

NB Power’s Total Home Energy Savings Program currently offers rebates for existing homes up to $5,000 on geothermal heat pumps. The total rebate amount depends on whether you perform other home efficiency upgrades at the same time. The heat pumps must be ENERGY STAR certified and must be installed by a Canadian Geoexchange Coalition certified contractor.

For new homes, NB  Power’s New Home Energy Savings Program offers incentives for new construction homes that allow you to save up to 25% of your mortgage loan insurance through CMHC, Genworth Canada, and Canada Guaranty.

Prince Edward Island Heat Pump Rebates

efficiencyPEI offers rebates for geothermal heat pumps. Under this program, you can claim between $4,000 and $7,500 on your geothermal heat pump installation. The heat pumps must meet certain efficiency requirements.

Learn more about efficiencyPEI’s heat pump rebates.

Newfoundland Heat Pump Rebates

Newfoundland does not have any heat pump rebates, but you can secure financing for your heat pump project through Newfoundland Power’s Energy Efficiency Loan Program. This program is available for homes whose primary heat source is electric, and the maximum financing amount is $10,000.

Learn more about Newfoundland’s heat pump financing.

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

There are no current rebates or incentives for geothermal heat pumps in Saskatchewan.

Manitoba Heat Pump Rebates

Manitoba Hydro offers the Earth Power Loan, which lets homeowners finance up to $20,000 for their geothermal heat pump installations. The loan can be financed for a maximum of 15 years at an interest rate of 4.90%.

Learn more about the Earth Power Loan program.

In addition, the Manitoba Green Energy Equipment Tax Credit provides Manitobans with approximately $5,000 in incentives for the installation of a geothermal heat pump system.

Learn more about incentives for installing geothermal heat pumps.

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, 2019.

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.

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Learn How Nordic Heat Pumps Provide Comfortable, Affordable Heating and Cooling in this FREE Ebook

Learn how Maritime Geothermal harvests geothermal energy, how this sustainable option works and why it can drastically reduce your home energy bills.

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Maritime Geothermal Ltd. PO Box 2555 Petitcodiac, NB E4Z 6H4

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Maritime Geothermal Ltd. 170 Plantation Road Petitcodiac, NB E4Z 6H4

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