Want to save money on converting to a heat pump? Now is the time.
North Cowichan’s BETTER OFF program is offering residents a reduced rate pre-retrofit home energy evaluation and free post-retrofit evaluation and that, combined with a provincial incentive program and BC Hydro’s HERO offer, adds up to big savings for homeowners wanting to convert from oil to a heat pump.
Through the recently announced provincial program, up to $1,700 per home is available to B.C. residents but act fast because the offer is on a first-come, first-served basis.
“These home energy improvements help our residents and our community to be ‘better off’,” North Cowichan Mayor Jon Lefebure said in a press release. “Through the BETTER OFF North Cowichan program, BC Hydro’s Home Energy Retrofit Offer (HERO), and now the Oil to Heat Pump Incentive Program, residents have a great opportunity to save money and assist us in achieving the community’s GHG reduction targets.”
Administered through City Green Solutions, a non-profit energy efficiency organization and partner in the BETTER OFF North Cowichan program, the program is actually funded through the Ministry of Energy and Mines’ Innovation Clean Energy fund.
Switching to heat pumps generally pays for itself quickly and can deliver a 20 to 40 per cent return on investment over the life of a heat pump system.
The affect on greenhouse gas emissions is also noteworthy — getting rid of an oil home heating system is equivalent to not driving your car for 15 years.
BETTER OFF North Cowichan is a community-based energy conservation initiative to improve the energy efficiency of homes in North Cowichan, help residents save money and reduce our community’s greenhouse gas emissions.
This initiative is part of North Cowichan’s award winning Climate Action and Energy Plan.
Visit www.northcowichan.ca/forms/Better-Off-North-Cowichan.aspx to learn more about the heat pump and other money and GHG saving opportunities.