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January 25, 2023
See the Top 6 Eligibility requirements for your Tankless water heater rebate in BC
What if we told you there’s a way to save up to ⅓ of your water heating bill each month? And no, we don’t mean saving money by having cold showers in the middle of the winter!
Instead of purchasing a larger hot water tank or upgrading one, it may be worth considering your other options first.
Buying and installing an efficient water heater is becoming all the rave in BC. As a plus, there are programs that offer rebates for such upgrades. In this article, we’ll quickly go over the pros & cons of tankless water heaters and how to secure your rebate in BC.
What are Tankless Water Heaters?
Also called demand-type water heaters, tankless water heaters only provide warmer water when needed. A traditional hot water tank still has to maintain its heat when the hot water isn’t in use. A tankless water heater can save some homes money by only heating water as it’s needed for your shower, bath, sinks and more.
Benefits of Tankless Water Heaters in BC
Tankless water heaters are beneficial for homes that use a moderate to low amount of water.
What might this look like in your household? It’s calculated that tankless water heaters are about 24 to 34% more efficient in homes that use 41 gallons (155 litres) a day or less. This is the approximate amount of water for a 5-minute shower for 4 people (provided you’re energy-conscious and have a low-flow showerhead).
Still, if you have a larger household which uses more hot water, your home can still save at least 8% on water heating.
It’s no mystery that they cost more upfront than hot water tanks, but it’s not without merit. Tankless water heaters are small - about the size of a briefcase - and typically last up to 20 years without issue.
You’re also not paying anything to heat your water while it’s not being used in your home. These costs with traditional hot water tanks are called “standby energy losses”, which add up. In the U.S., some hot water tanks can cost $438/year purely on standby!
How to Obtain Your Tankless Water Heater Rebate in BC
To help you offset the price, on-demand water systems are eligible for tankless water heater rebates in BC.
Fortis BC provides rebates up to $1,000 for your ENERGY STAR tankless water heater.
If you hire the professionals at Whyte Plumbing to install your tankless water heater, they’ll ensure your unit is an ENERGY STAR product. These units use about 70% less energy on average and will qualify for your tankless water heater rebate in BC.
Here is the rundown of the 6 eligibility requirements for your tankless water heater rebate in BC:
- Your home must have a Fortis BC natural gas account or a Fortis BC electricity account in certain cities.
- A completed utility account holder consent form.
- Your home must be a primary residence for at least 1 year. The property can be a single-family, townhouse, triplex, duplex, or mobile home (solid foundation).
- Your BC tankless water heater rebate must be sent within 6 months of being invoiced for your new heater installation.
- Rebates cannot be higher than the paid amount on the invoice.
- Only 1 rebate for your primary space heating system (including water heaters)
Having your old hot water tank replaced can be handled easily by the pros at Whyte Plumbing in Vancouver. If you have any questions about on-demand systems or tankless water heater rebates in BC, don’t hesitate to contact us today.