Surrey Business News
CLEAN TECHNOLOGY & ENVIRONMENT
Cleanbc Efficiency Rebates Make Saving Energy More Affordable
British Columbians making energy-saving improvements to their homes can save thousands of dollars with new Cleanbc efficiency rebates.
“Cleanbc efficiency rebates will save people money, create good jobs and help put B.C. on the path to a cleaner, better future,” said Premier John Horgan. “Helping people keep their homes cooler in the summer and warmer in the winter makes sense, and the efficiency they’re investing in will help B.C. reduce climate pollution.”
The higher rebates are part of a significant expansion of incentives under Cleanbc’s Better Buildings program, which makes it easier and more affordable for British Columbians to choose energy-saving products and save money on home and business renovations.
The Province’s Cleanbc plan provides up to $14,100 for a home and up to $220,000 for a commercial business to switch to highefficiency heating equipment and to make building envelope improvements, while saving energy and reducing greenhouse gases.
Financial incentives are available for a variety of measures, including replacing fossil fuel (i.e. oil, propane or natural gas) heating systems with an electric air-source heat pump, improving insulation, upgrading to a highefficiency natural gas furnace or installing improved windows and doors that minimize heat loss. For example:
• People who apply for an incentive can receive up to $3,000 (with additional incentives available in some municipalities) for replacing a fossil fuel (oil, propane or natural gas) heating system with an electric air-source heat pump ($1,000 more than before).
• Homeowners planning to upgrade their windows and doors to more energy efficient models may access up to $2,000 in incentives ($1,000 more than before).
• Homeowners can also apply for up to $700 in incentives for highest efficiency natural gas furnaces.
• Commercial building owners can receive up to $20,000 to complete energy studies that identify cost-effective improvements to their building and up to $200,000 for the improvements themselves.