Following a program in the Yukon that offered a rebate on more efficient home heating systems burned through its funding within three weeks, more money is coming through from the federal government. The funds will more than triple the scope of the original rebate scheme.
The territory’s affordable heat pump program was launched in December 2024 and was quickly fully subscribed with its $2.4 million in funding spoken for, according to a March 13 news release from the federal government. Its new combined funding will be $8.8 million.
The program for Yukon homeowners, which is only open to those with low-to-median incomes, makes those who install a high efficiency heat pump eligible for a $24,000 rebate. Those going from oil heat to a heat pump can get an upfront payment of $250.
Yukon Energy, Mines and Resources Minister John Streicker noted that the funding will help bring the territory closer to its goal of seeing 1,300 “smart electric heating systems” installed by 2030 and offered thanks to the federal funding partners that assisted it.
“Transitioning to energy-efficient heating systems allows Canadians and Yukoners to save on home energy costs. Yukoners have shown their commitment to sustainable living, and the Oil to Heat Pump Affordability program will support homeowners in switching from heating oil to efficient heat pumps,” Yukon MP Brendan Hanley said.
“Due to high demand, we are increasing our investment in this program, benefiting local installers and businesses while promoting cost-effective and environmentally friendly home heating in northern Canada.”
Additional information on the rebate program is available at yukon.ca, by emailing energy@yukon.ca or by phone at 867-393-7063.
Contact Jim Elliot at jim.elliot@yukon-news.com
