Carney's $2 Billion Home Retrofit Program

Prime Minister Carney's $2 billion program offers up to $10,000 rebates for electric heat pumps to cut energy bills and emissions.

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Carney's $2 Billion Home Retrofit Program

Prime Minister Carney's $2 billion program offers up to $10,000 rebates for electric heat pumps to cut energy bills and emissions.

In brief

Prime Minister Carney's $2 billion program offers up to $10,000 rebates for electric heat pumps to cut energy bills and emissions. Canada's government provides rebates up to $10,000 per household for electric heat pumps to reduce energy costs and emissions. Originally reported by Financialpost.

Prime Minister Carney's Rebate Program

Prime Minister Mark Carney announced a $2 billion rebate program for electric heat pumps to help Canadians switch to energy-efficient home heating.

Eligible Heat Pumps

Heat pumps must be on the government's 'eligible products list' with over 100,000 options to qualify for rebates.

Rebate Amounts

Rebate Amounts

Households below median income get up to $10,000; others receive $2,000 with no energy audits required.

Application Process

Applications are online, approvals within 24 hours, and payments within five days after installation.

Here's the gist

Canada's government provides rebates up to $10,000 per household for electric heat pumps to reduce energy costs and emissions.

Read the original on Financialpost

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