Tax Credits 2025 Heat Pump Canada. How The Federal IRA 25C Heat Pump Tax Credit Works Just Heat Pumps The Ontario heat pump rebate program offers generous incentives depending on your home's current energy source This refundable tax credit is for businesses adopting new clean technology
Heat Pump Tax Credit Requirements from www.pumprebate.com
For Enbridge Gas Customers: Cold Climate Air Source Heat Pumps: $500 per ton (up to $2,000) Ground Source Heat Pumps: Flat $2,000; For Homes with Electric Heating: Cold Climate Air Source Heat Pumps: $1,250 per ton (up to $7,500) Eligibility - Canadian corporations or real estate investment trusts
Heat Pump Tax Credit Requirements
For Enbridge Gas Customers: Cold Climate Air Source Heat Pumps: $500 per ton (up to $2,000) Ground Source Heat Pumps: Flat $2,000; For Homes with Electric Heating: Cold Climate Air Source Heat Pumps: $1,250 per ton (up to $7,500) criteria for the North and Canada Region or (b) criteria for the South Region The 2025 Section 25C credit provides a 30% tax credit on eligible energy-efficient heat pump systems, with a $2,000 maximum per year
How The Federal IRA 25C Heat Pump Tax Credit Works Just Heat Pumps. energy tax credits & rebates available to Canadians For Enbridge Gas Customers: Cold Climate Air Source Heat Pumps: $500 per ton (up to $2,000) Ground Source Heat Pumps: Flat $2,000; For Homes with Electric Heating: Cold Climate Air Source Heat Pumps: $1,250 per ton (up to $7,500)
2024 Tax Credits For Heat Pumps And Furnaces Lynea Cairistiona. Federal Budget 2022 announced that the Department of Finance Canada will engage with experts to establish an investment tax credit of up to 30%, focused on net-zero technologies, the eligibility under Classes 43.1 and 43.2 will be expanded to include air-source heat pumps primarily used for space or water heating.