Canadian SME: Cut Your Business’s Energy Costs and Combat Climate Change Using the New Clean Electricity Investment Tax Credit

“By installing heat pumps, buildings can reduce their energy consumption and lower their carbon footprint, all while maintaining a comfortable indoor temperature,” says Gilbey. “In fact, retrofits can reduce energy consumption by up to 60 percent per building, making them a smart financial investment for businesses.”

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As Seen in BIV: Heat Pump Demand Rising in B.C. With Grant Support

A building owner that invests $1 million in heat pumps for a 100-unit building would qualify for $300,000 in refundable credits, said Belinda Gilbey, president of Bondi Energy, a Toronto-based company that specializes in heat pump installations in multi-unit buildings and now has clients in B.C.

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