Around Town: New Incentive Helps Comox Valley Rural Residents Switch from Oil to Heat Pump
The Comox Valley Regional District (CVRD) has added a bonus incentive for electoral area home-owners participating in the recently-launched provincial oil-to-heat-pump incentive program. The provincial program offers up to $1,700 in rebates for households to update their oil furnace with a new heat pump, and the CVRD is offering an additional $400 for a possible total of $2,100 in rebates.
Heat pumps are a highly efficient technology because they use a small amount of electricity to move a large amount of heat. Typical homes using oil heat can reduce their heating bills by 40 to 75 per cent through this upgrade, significantly shrink their greenhouse gas emissions, and reduce their risk of oil tank spills.
To qualify for the oil to heat pump incentive program, homeowners must have an energy evaluation, install a qualifying central or mini-split heat pump, and remove their oil tank and oil heating system. Incentives are available on a first-come, first-served basis while funds last. Homeowners within the municipalities of Courtenay, Comox and Cumberland are eligible for the provincial rebates of up to $1700 from this program. To learn more, or to register for the oil-to-heat pump incentive program, visit www.oiltoheatpump.ca.
Contact: Vince Van Tongeren, B.ScPolicy and Sustainability Analyst, CVRD.
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