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What Rebates are available for Heat Pumps in New Brunswick?

Updated: Sep 8, 2023

Table of Contents

  1. Introduction

  2. The Imperative of Energy Efficiency

  3. The Rising Costs of Traditional Fuels

  4. The Comprehensive Rebate Process

  5. Financial Breakdown: Grants and Savings

  6. The Environmental Perspective

  7. Ace Heat Pumps: Your Trusted Partner

  8. Conclusion


1. Introduction

Amidst the scenic beauty of Atlantic Canada, New Brunswick's residents grapple with a unique climatic challenge. With temperatures often plummeting to -40°C, efficient heating is not just a comfort—it's a necessity. As the world grapples with environmental concerns and rising fuel costs, heat pumps emerge as a beacon of hope.


2. The Imperative of Energy Efficiency

The global shift towards energy efficiency isn't just about saving money—it's about preserving our planet. With the looming threat of climate change and the tangible impacts of the carbon tax, homeowners are feeling the pinch. The rising costs of oil and propane further underscore the need for sustainable solutions. Heat pumps, with their ability to harness existing heat rather than burn fuel, offer a respite both for the environment and the wallet. Their efficiency levels can reach up to 400%, making them a standout choice in the realm of heating solutions.


3. The Rising Costs of Traditional Fuels

Since 2019, the economic landscape for homeowners has shifted dramatically. Oil and propane prices have nearly doubled, placing a significant financial strain on households. These rising costs, coupled with the environmental toll of fossil fuels, make the case for alternatives like heat pumps even more compelling.


4. The Comprehensive Rebate Process

Navigating the rebate landscape requires understanding and patience:

  • Engaging an Energy Advisor: The journey begins with a pre-retrofit EnerGuide evaluation. This assessment, conducted by a certified Energy Advisor, provides a roadmap for energy-efficient improvements.

  • Applying to NB Power: Armed with the evaluation, homeowners can tap into NB Power's Enhanced Energy Savings Program, which offers incentives like free mini-split heat pumps and insulation upgrades.

  • Tapping into the Greener Homes Grant: On the federal front, the Canada Greener Homes Grant provides substantial financial support. This initiative can cover a significant portion of retrofit costs, further reducing the financial burden on homeowners.

  • Verification and Patience: Post-retrofit, the Energy Advisor returns to verify the work. While the rebate process is thorough, it's also lengthy—homeowners might wait up to a year for their rebate cheque.


5. Financial Breakdown: Grants and Savings

Both provincial and federal governments offer enticing financial incentives:

  • Provincial Grants: NB Power's program can cover the costs of heat pumps, insulation, and installation. Heat pumps are covered up to $1200.

  • Federal Grants: The Canada Greener Homes Grant offers up to $5,000 for retrofits, with an additional $600 for evaluations. This means homeowners can recoup a significant portion of their investment.

Coupled with the savings on monthly energy bills and the potential rise in property value, the financial benefits of heat pumps are undeniable.


6. The Environmental Perspective

Beyond finances, the environmental impact is profound. Heat pumps reduce carbon emissions, aligning with Canada's commitment to combat climate change. By reducing reliance on fossil fuels, homeowners contribute to a greener, more sustainable future.


7. Ace Heat Pumps: Your Trusted Partner

The journey to energy efficiency can be intricate, but Ace Heat Pumps simplifies it. In collaboration with Novair Plus, Ace offers top-tier solutions and expert guidance. From selecting the right system to navigating the rebate maze, Ace is with homeowners every step of the way.


8. Conclusion

New Brunswick stands at the crossroads of change. With rising fuel costs, environmental concerns, and the tangible benefits of heat pumps, the path forward is clear. Through comprehensive rebates and the expertise of companies like Ace Heat Pumps, a sustainable, energy-efficient future is within reach.



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Disclaimer

The information provided in this article is subject to change without notice. Ace Heat Pumps is not responsible for the accuracy or completeness of this information and disclaims any liability arising from its use. Always consult directly with official sources for the most up-to-date information on rebates and incentives.

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