Do you heat your home with oil in Newfoundland and Labrador? If your answer is yes, there's now a major opportunity for you to cut down on energy costs and upgrade your home’s comfort. With the Oil to Electric Incentive Program, Newfoundland homeowners can receive up to $22,000 to help transition their homes from oil to electricity-based heat. This change can help lower your energy bills, keep your home cozy all year long, and reduce your impact on the environment. Heat pump rebates & grants in Newfoundland and Labrador – about the takeCHARGE Oil To Electric Incentive This program is made possible through a combination of federal and provincial funding, delivered through takeCHARGE in partnership with the Government of Canada and the Government of Newfoundland and Labrador. The program aims to reduce oil use and support a cleaner, more comfortable future with electric heat pumps. The incentive amount is determined by factors such as the specific type of system being installed, your household income, and the amount of people living in your home. General eligibility requirements for takeCHARGE Oil To Electric Incentive: Your main heating source must be oil or propane You must own your home and have an active electricity account Landlords can apply to upgrade up to two eligible rental properties through the general stream Homes must be: On a permanent foundation Lived in year-round as a primary residence Connected to the island or Labrador's main electricity grid Income-based eligibility requirements for takeCHARGE Oil To Electric Incentive: The takeCHARGE Oil to Electric program offers two qualification streams: an income-qualified stream, and a general stream. Review the income thresholds below to see if your household meets the income eligibility criteria for the income-qualified stream. It’s based on the number of people in your home and the combined adjusted net income of you and your spouse or partner. 1 person: $37,375 or less 2 persons: $73,600 or less 3 persons: $104,650 or less 4 persons: $131,100 or less 5 persons: $136,850 or less 6 persons or more: $136,850 or less Note that the number of people in the home includes parents and any children they claim on their tax return who are eligible for the Canada Child Tax Benefit, as verified by the CRA. If your net annual household income falls at or below the threshold indicated above, you may qualify for a maximum rebate of $22,000 for a heat pump. Even if your net annual household income exceeds the above threshold, you may still qualify for the general stream, which provides a rebate of up to $9,000 for a new heat pump. What does the takeCHARGE Oil To Electric Incentive cover? With the takeCharge Oil To Electric Incentive, eligible homeowners can receive up to $22,000 to help cover the key costs that come with switching from oil-based heating to an energy-efficient electric heat pump system. Here’s what the rebate includes: Whether you choose mini-splits, multi-splits, or a central heat pump, the incentive helps cover both the purchase and installation of your new system Where necessary, the incentive can help cover the costs associated with upgrading electrical panels to support your new electric setup The incentive also covers the cost of removing your old oil tank, ensuring a safe and environmentally responsible removal How to apply for takeCHARGE Oil To Electric Incentive in Newfoundland and Labrador Required documents for takeCHARGE Oil To Electric Incentive: Your most recent Notice of Assessment Your electricity account number If your home is heated by oil: Provide a statement or receipts from your oil company showing at least 500 litres of oil used over a 12-month period (within the past two years of your application date) If your home is heated by propane: Provide a statement or receipts from your propane company showing at least 1,000 litres of propane used over a 12-month period ((within the past two years of your application date) A photo of your oil tank's HOST tag number A copy of the project quote from the participating installer How to apply: Step 1: Ensure you meet the eligibility criteria for the program Step 2: Gather required documentation Step 3: Submit application to takeCHARGE NL After applying, it takes around six to eight weeks to receive approval. As you wait for your approval, you will have a pre-inspection booked where your mechanical and electrical systems will be checked to plan your heat pump installation. Once you receive your approval, your new heat pump system can be installed! Take the next step toward energy efficiency If you're considering making the switch, 1Click is here to support you. Our experienced team can guide you through the application process, confirm your eligibility, and help you choose the right heat pump system for your needs. Get started today — contact us for expert assistance with the takeCHARGE incentive and your home heating upgrade. takeCHARGE Oil To Electric Incentive FAQs 1. How long will it take to receive my Oil to Electric rebate? Rebate applications typically take about six to eight weeks to process. 2. Can I apply for the Oil to Electric rebate on a rental property I own? Yes, the property owner is eligible to apply, even if the home is rented out. Rental property owners can get incentives for up to two properties to switch from oil to electric heat. 3. How do I submit a rebate application for my home? To apply, you’ll need to complete an application form and include the required documentation You can submit your application online with uploaded images of your receipts, or download a paper form from the website, attach your receipts, and send it by mail. You’ll find everything you need on the individual program pages of the takeCHARGE website. 4. Do I need to remove my oil tank in order to receive the takeCHARGE Oil to Electric rebate? Yes, the removal of your oil tank is required when installing your new heating system. The incentive covers the cost of professional removal, or you may choose to remove it yourself, provided you follow all applicable provincial guidelines.
