HVAC Financing & Rebate Guidance
Plan the upgrade and how you will pay for it. Understand the installation price, explore financing if needed and check current rebate requirements before you commit.
Guidance reviewed October 15, 2026. Check the linked administrator for current program requirements.
Three parts of the budget. Three separate decisions.
A clear installation quote comes first. Financing sets repayments; a rebate depends on a program’s rules and approval.
Your installation
The agreed equipment, work and purchase price.
Your payment plan
Ask about financing options for your project.
Possible program support
Check the current notice and required steps before buying.
See the purchase price and payment plan separately
A smaller periodic payment can make a project easier to budget, but it does not show the full borrowing cost. Compare the written installation price first, then review the actual lender offer.
- 1Written purchase scope
- 2Lender application & terms
- 3Repayment agreement, if approved
Two separate decisions. Financing does not establish rebate eligibility; neither approval nor funding is guaranteed.
The payment
How much is due, how often and when payments begin.
The borrowing cost
APR, applicable fees and total repayment.
The time commitment
The term and amortization, plus conditions attached to any deferral.
Start with the current notice for your province
Program check · October 15, 2026
New Brunswick’s oil-to-heat-pump advance registration has closed, while Total Home has its own evaluation route. PEI’s current equipment-rebate notice pauses incentives except biomass. Nova Scotia’s OHPA route is closed to new applicants; other programs have their own criteria. Check the linked administrator notice for your application before committing.
Check eligibility before the installation starts
- 1
Identify the right program
Use the official administrator’s current page for your province and property.
- 2
Confirm the first steps
Ask about intake, evaluations and any approval required before purchase or work.
- 3
Match the proposed equipment
Verify model, contractor and installation requirements against the written proposal.
- 4
Keep the documents
Retain approvals, scope, invoices and claim instructions. Follow the administrator’s process.
A free home assessment and an energy evaluation serve different purposes
| AirCrest home assessment | Program energy evaluation |
|---|---|
| Discusses equipment, room concerns and installation options. | Follows the applicable program’s energy-advisor process. |
| Helps you compare a proposed project. | May be a required step in an incentive program. |
| Free and separate from ordering an installation. | Booking, fees and eligibility depend on the provider and program. |
Make the budget work before counting a rebate
Before relying on support, check your property, proposed model, contractor requirements and the timing of your application. Make sure the purchase or financing commitment still fits if a rebate is delayed or unavailable.
What makes up an installed quote?
Equipment
System type, capacity and the number of indoor units.
Connections
Electrical supply, refrigerant lines, drainage and controls.
Home-specific work
Duct changes, mounting, access and old-equipment removal where included.
Written coverage
Equipment warranty, labour terms and clearly stated exclusions.
A scope guide. No prices, proportions or savings are implied.
Bring these questions to a financing conversation
What will I repay in total?
Ask for the total payable, APR and any fees alongside the regular payment.
What does a deferral change?
Confirm when payments begin and whether interest accrues.
What remains my responsibility?
Review repayment obligations independently of any unconfirmed program support.
Questions about working with AirCrest
Start with a project and budget you understand.
We can discuss the home and installation options first, then point you towards the relevant payment and program questions.
The online assessment is preview-only. No request is sent or appointment booked.