Canada

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Incentives

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Making an investment in a geothermal system for your home or business has never been easier thanks to a growing number of loan and grant programs.

The following is a list of known programs that further reinforce the national and international movement towards adopting more efficient, environmentally friendly and cost-effective energy alternatives for heating and cooling your home or business.

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Canada Greener Homes Loan
Up to $40,000 Loan for Geothermal

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Home Energy Retrofit Accelerator (Edmonton Only)
Up to $5000

Energy Saving for Business Program (Alberta Commercial Only)
Up to $2500/ton

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Affordable Home Energy Program
Qualifying homeowners can install a ground source heat pump with no upfront cost and an interest-free monthly payment of $75 for 15 years ($13,500 total).

You can apply for this offer through the Ground Source Heat Pump Program.

 

Green Energy Equipment Tax Credit
Refundable Tax Credit up to 15%

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Total Home Energy Savings Program
Up to $2000

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Oil to Heat Pump Affordability Program
up to $10000

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Home Renovation Saving Program

Fuel switching from Electric, Oil, or Propane – $2,000/ton Incentives are calculated based on closed loop capacity. Up to $12,000† back

Fuel switching from Enbridge Gas to Geothermal – $3000

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Residential Energy Efficiency Program
Up to $4000

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LogisVert

Receive $750 per 1,000 BTU/h when you purchase and install a geothermal heat pump. You could save 25% to 35% on your heating costs!

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