The District’s program is one of the first of its kind in the province, and has just completed the first intake of homeowners. The District provides $12,000 upfront to help the homeowners purchase a heat pump. The interest-free loan is then repaid on property tax bills over 10 years. Homeowners can also take advantage of available rebates.
“We’re thrilled nineteen homes in our community are about to be converted to electric heat pumps, and help our community reduce greenhouse gas emissions,” said Central Saanich Acting Mayor Niall Paltiel. “It will also give these homes cooling power in the face of longer, hotter summers, and decrease home energy bills.”
If you are a homeowner in the District currently using heating oil and would like to take part in the financing program, please let us know by contacting us at support@CSHeatPumpFinancing.ca or 250.652.4444. For information please visit our Oil-to-Heat Pump Program website at CSaanich.ca/OiltoHeatPump.
The program is funded by the Green Municipal Fund, a fund administered by the Federation of Canadian Municipalities and backed financially by the Government of Canada.