Vancouver Island Areas Nanaimo to Victoria

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Government Tax Incentives

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Did you know that you can save money on your energy bills while also improving your whole-home cooling and heating performance?

Generous tax credits and deductions are available to homeowners who upgrade their homes with certain energy-efficient equipment through the Energy Savings Program.

The best part? There are no income requirements for the tax credits, and they are easy to claim. At ExchangEnerg Inc., we sell eligible categories of equipment. The highest value improvements include:

  • Heat pumps and heat pump water heaters
  • High-energy efficient air conditioners and furnaces

If you purchase any of these items, you could be eligible for minimum tax credits up to $22,500 for heat pumps and heat pump water heaters.

The Benefits of Upgrading

These tax credits return a large portion of the purchase price to you. For many heat pump installations, a majority of the upfront cost is now being returned to homeowners. Because these units will subsequently save you money on your energy bill, the upgrades will eventually pay for themselves while making your home more environmentally friendly.

Simply purchase any eligible equipment from us. If you have any questions about the Energy Savings Program or want to learn more about qualifying equipment, don’t hesitate to contact us.

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