NB Power's Rental Owners Rebate: up to $7,500 per heat pump, per unit.

A SaveEnergyNB program, delivered by NB Power, that pays owners of long-term residential rentals in New Brunswick to make energy upgrades: heat pumps, air exchangers, water heating, insulation, air sealing, lighting and more. Amounts are set per unit or as a percentage of eligible costs.

For most owners, a ductless mini-split is $1,875 under 18,000 BTU/hr, $5,000 from 18,000 to under 36,000 BTU/hr, and $7,500 at 36,000 BTU/hr and up, per unit. A central ducted heat pump is $3,750. Registered non-profits get $2,440, $6,500, $9,750 and $4,875. Incentives never exceed the actual cost.

The legal owner of a New Brunswick rental with year-round, long-term tenants: private individuals, companies, registered non-profits and charities, affordable and co-operative housing groups, care home owners and governments. Tenants, hired property managers and condo associations cannot apply.

Rental houses and self-contained basement apartments, duplexes, triplexes, four-plexes, apartment buildings, group homes, special care and memory care homes, non-medical seniors' homes, and the residential part of a mixed-use building, including common areas. Airbnb and other short-term rentals, condos, cottages, hotels, nursing homes, buildings under a year old and owner-occupied units do not.

No. NB Power has to pre-approve the project first. Anything bought or started before the pre-approval does not qualify. Register, send in the pre-approval form with a quote listing the make and model numbers, and wait for the approval email before ordering equipment.

NB Power replies within 5 business days of registering. The pre-approval review usually takes 4 to 6 weeks. Projects should be done within 8 months of pre-approval, and payment comes by direct deposit within 60 days once the claim is approved.

Up to $500,000 per property and $2 million per owner each fiscal year (April 1 to March 31). The limits reset every April 1, so larger owners can spread projects over several years. Funding is first come, first served.

A ductless mini-split must be ENERGY STAR Most Efficient, cold climate rated to the design temperature where it is installed (-22C in southern New Brunswick, -27C in the north), and sized with NRCan's LEEP heat pump sizing tool. Larger ducted systems from 65,000 BTU need Manual J sizing.

Windows and doors themselves are not on the list. Air sealing around them is: caulking, weather stripping and spray foam, along with insulation, at 70% of eligible costs, or 90% for registered non-profits.

Owners may do work themselves with receipts for all materials, but labour by the owner or their own employees is not an eligible cost. Outside contractor labour is.

The federal rebate covers properties you rent out, but how it works alongside NB Power's programs is not spelled out yet. NB Power allows other funding as long as the total stays under the cost. Talk it through before you order anything.

No, the owner applies. We put together the quote with the make, model numbers and sizing the pre-approval form needs, install the approved work, and give you the paid invoice for your claim.