Heat Pump Financing Options in Nova Scotia

Leasing Calculator

Financing rate: 7%

Residual Value: $1

Monthly Payment: CAD

Monthly Payment Tax: CAD

Monthly Payment Total: CAD

Total Leasing Amount: CAD

*to be entered in Total Leasing Amount on Lease Agreement

Financing Calculator

Total Monthly Payment: CAD

Monthly Interest: CAD

Total Interest Applied: CAD

Total Financing Amount: CAD

*to be entered in Total Financing Amount on Lease Agreement

As one of Halifax’s leading home energy efficiency contractors, we have three alternatives for homeowners to choose from.

Nova Scotia Power’s heat pump program is the most popular financing option that HRM homeowners opt for.

Nova Scotia Power Heat Pump Financing

Nova Scotia Power’s heat pump financing program is an easy to apply for on-bill financing option. Rates are 7% for a term of 3 to 12 years. Payments appear right on your monthly budget or bi-monthly bill (whichever billing program you’re part of) each month.

You can get pre-approved for NSP’s heat pump financing program. 

To receive a copy of the Nova Scotia Power Financing Application, please send an email to Richard Ross at   info@sunshinerenewables.ca.

You will require an in-home assessment and receive a quote for supply and install of your heat pump in order to complete the application.

PLEASE NOTE: We are only able to service homeowners that are within 1 hour of metro.

CANEX No Interest Credit Plan

Are you currently or used to be a DND employee? If so then you are able to take advantage of the CANEX No Interest Credit Plan. This plan offers you up to 3 years at 0% financing (some restrictions apply). We are the exclusive heat pump and energy efficiency contractor for this program in HRM. 


Canada Greener Homes Loan

 This federal loan part of the Canada Greener Homes Initiative will let you finance up to $40,000 with an interest free 10 year term. To apply, you must be eligible for the Greener Homes Grant and have a pre-retrofit evaluation completed as of April 1st, 2020 or later. You will also have to book your evaluation through an Efficiency NS approved energy advisor.

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