Quote:
Originally Posted by Tapioca
What was the cost of your Cold Climate Heat Pump, if you don't mind me asking? And did you also do a panel upgrade? As far as I understand it, we would get 3K from the province and we would get 4K from the feds with a dual fuel set up as the fed's program doesn't have a separate category for dual fuel systems.
Our panel is 125 amps, so the logic would be that if we have a dual fuel set up, we could probably get by without upgrading our panel.
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I've recently posted about this, but I just replaced my 90's forced air oil furnace with a 3-ton Cold Climate heat pump.
Home Energy Evaluation (necessary to get Federal Grant): $650
Heat Pump Installation (included oil tank & furnace removal, I already have a 200amp panel and I did the electrical myself): $14,907
Post Retrofit Evaluation: $325
Federal Greener Homes Grant: -$5000
Federal Retrofit Evaluation Grant: -$600
Clean BC/BC Hydro Heat Pump Grant: -$6000
Saanich Heat Pump Grant: -$500
CRD "Group code" Heat Pump Grant: Varies by # in group, -$375
Total out of pocket: $3,407 (which I project will pay for itself in saved energy cost in probably 5 years.)
I'm a bit cheesed because in February the Feds announced a new additional "oil to heat pump" grant worth another $5000. Missed it by 6 months, my heat pump would have been virtually free, and I would have had another $1500 to spend on other energy retrofits.
I don't know how loaded your existing panel is. My unit only uses 30A breaker. If you do upgrade your panel, there's a rebate for that as well.