How Much Does a Furnace and Heat Pump Installation Cost
How Much Does a Furnace and Heat Pump Installation Cost After Rebates in Greater Vancouver?
Investing in a new furnace or heat pump installation is a significant decision, but rebates and government incentives can help lower the overall cost for homeowners in Greater Vancouver. At ROMA Heating & Cooling, we specialize in affordable, energy-efficient furnace and heat pump installations, helping you maximize available rebates to reduce upfront expenses. This guide breaks down the cost of installing a furnace or heat pump after rebates, factors affecting pricing, and how you can save thousands with government-backed energy incentives.
Understanding the Cost of Furnace and Heat Pump Installation
Average Furnace Installation Cost Before Rebates
The cost of a new furnace installation varies based on factors such as furnace type, efficiency rating, and home size. In Greater Vancouver, homeowners typically pay between $3,500 and $7,500 for a gas furnace installation, while premium high-efficiency models can cost up to $10,000 or more.
Furnace Installation Cost Breakdown (Before Rebates)
| Furnace Type | Average Cost (Including Installation) |
|---|---|
| Standard Gas Furnace (80% AFUE) | $3,500 – $5,500 |
| High-Efficiency Gas Furnace (90% – 98% AFUE) | $5,500 – $10,000 |
| Electric Furnace | $3,000 – $6,500 |
| Oil Furnace | $4,500 – $7,500 |
| Propane Furnace | $4,000 – $8,000 |
Average Heat Pump Installation Cost Before Rebates
Heat pumps are dual-purpose systems, providing both heating and cooling. The cost of installation depends on efficiency ratings, system type, and installation complexity. Homeowners in Greater Vancouver can expect to pay between $5,000 and $15,000 for a heat pump installation, with high-end models exceeding $20,000.
Heat Pump Installation Cost Breakdown (Before Rebates)
| Heat Pump Type | Average Cost (Including Installation) |
|---|---|
| Air Source Heat Pump | $5,000 – $12,000 |
| Ductless Mini-Split Heat Pump | $4,500 – $10,000 |
| Geothermal Heat Pump | $15,000 – $35,000 |
| Hybrid Heat Pump System | $7,000 – $18,000 |
Government Rebates for Furnaces and Heat Pumps in Greater Vancouver
Several rebate programs are available in British Columbia to help homeowners offset the cost of upgrading to energy-efficient heating and cooling systems. The exact rebate amount depends on the type of system installed, efficiency rating, and eligibility criteria.
FortisBC Rebates for High-Efficiency Furnaces
Homeowners switching to a high-efficiency gas furnace may qualify for rebates through FortisBC:
| Furnace Efficiency | Rebate Amount |
|---|---|
| 95% AFUE or higher | $800 |
CleanBC Heat Pump Rebates
CleanBC offers substantial rebates for homeowners switching from a fossil fuel-based heating system (gas, propane, or oil) to an electric heat pump:
| Heat Pump Type | Rebate Amount |
|---|---|
| Central Air Source Heat Pump | $3,000 – $4,300 |
| Mini-Split Ductless Heat Pump | $2,000 – $3,000 |
| Cold Climate Heat Pump | Up to $5,000 |
| Hybrid Heat Pump System | Up to $3,000 |
BC Hydro & Federal Canada Greener Homes Rebates
The Canada Greener Homes Grant provides up to $5,000 in rebates for eligible heat pump installations. Additionally, BC Hydro offers a rebate of $3,000 for homeowners switching from an electric furnace or baseboard heaters to an air-source heat pump.
Stacking Rebates for Maximum Savings
Homeowners can combine rebates from FortisBC, CleanBC, BC Hydro, and the Canada Greener Homes Grant to save up to $11,000 or more on a new heat pump installation.
| Program | Maximum Rebate Available |
|---|---|
| FortisBC Furnace Rebate | $800 |
| CleanBC Heat Pump Rebate | $5,000 |
| BC Hydro Heat Pump Rebate | $3,000 |
| Canada Greener Homes Grant | $5,000 |
| Total Possible Rebate Savings | $11,800 |
Furnace and Heat Pump Installation Cost After Rebates in Greater Vancouver
Furnace Installation Cost After Rebates
| Furnace Type | Cost Before Rebates | Eligible Rebate | Cost After Rebates |
|---|---|---|---|
| Standard Gas Furnace (80% AFUE) | $3,500 – $5,500 | Not Eligible | $3,500 – $5,500 |
| High-Efficiency Gas Furnace (95%+ AFUE) | $5,500 – $10,000 | $800 (FortisBC) | $4,700 – $9,200 |
Heat Pump Installation Cost After Rebates
| Heat Pump Type | Cost Before Rebates | Eligible Rebates | Cost After Rebates |
|---|---|---|---|
| Central Air Source Heat Pump | $5,000 – $12,000 | Up to $9,000 | $0 – $3,000 |
| Mini-Split Ductless Heat Pump | $4,500 – $10,000 | Up to $8,000 | $0 – $2,000 |
| Cold Climate Heat Pump | $10,000 – $18,000 | Up to $10,000 | $0 – $8,000 |
| Hybrid Heat Pump System | $7,000 – $18,000 | Up to $8,000 | $0 – $10,000 |
Why Choose ROMA Heating & Cooling for Your Furnace or Heat Pump Installation?
At ROMA Heating & Cooling, we specialize in high-efficiency heating and cooling solutions and help homeowners in Greater Vancouver access maximum rebate savings.
✔ Certified HVAC Technicians – Licensed, trained experts in furnace and heat pump installation
✔ Rebate Assistance – We handle the paperwork for BC Hydro, FortisBC, and CleanBC rebates
✔ Flexible Financing Options – 0% interest financing available for qualifying customers
✔ Same-Day & Emergency Installation – Fast, reliable service when you need it
✔ Top Brand Selection – We install Daikin, Lennox, Carrier, Trane, Mitsubishi, and more
Furnace & Heat Pump Installation Service Areas in Greater Vancouver
We proudly serve:
- Vancouver
- Burnaby
- Richmond
- Coquitlam
- Surrey
- Delta
- North Vancouver
- West Vancouver
- Port Coquitlam
- Port Moody
- Maple Ridge
- Langley
- Abbotsford
- Chilliwack
- White Rock
- New Westminster
The final cost of furnace and heat pump installation after rebates in Greater Vancouver depends on the system type, efficiency rating, and available government or utility incentives. Here’s a breakdown:
Estimated Costs After Rebates:
- High-Efficiency Furnace (95%+ AFUE):
- Before rebates: $4,000 – $7,500
- After FortisBC rebate ($500 – $1,000): $3,500 – $6,500
- Heat Pump (Cold Climate – ENERGY STAR® Rated):
- Before rebates: $6,000 – $12,000
- After CleanBC & FortisBC rebates ($3,000 – $11,000): $2,000 – $9,000
- Dual-Fuel System (Furnace + Heat Pump Combo):
- Before rebates: $10,000 – $16,000
- After rebates ($5,000 – $12,000): $4,000 – $11,000
Rebate Programs Available in BC:
- FortisBC Rebates – Up to $1,000 for high-efficiency gas furnaces.
- CleanBC Heat Pump Rebates – Up to $11,000 for heat pumps.
- Federal Greener Homes Grant – Up to $5,000 for energy-efficient home upgrades.
- BC Hydro Rebates – Additional incentives for heat pumps & energy-efficient upgrades.
Final Installation Costs (Post-Rebate):
- Furnace only: $3,500 – $6,500
- Heat Pump only: $2,000 – $9,000
- Furnace + Heat Pump: $4,000 – $11,000
For exact pricing and eligibility for rebates, contact ROMA Heating & Cooling at (604) 704-0300 for a free consultation. 🚀
- How much can I save on furnace and heat pump installation with rebates?
You can save between $3,000 and $12,000, depending on the rebates you qualify for. - What is the average cost of installing a high-efficiency furnace after rebates?
After rebates, the cost of a high-efficiency furnace ranges from $3,500 to $6,500. - How much does a cold-climate heat pump cost after rebates?
A cold-climate heat pump can cost between $2,000 and $9,000 after rebates. - Are rebates available for both furnace and heat pump installations?
Yes, FortisBC and CleanBC offer rebates for both furnaces and heat pumps. - Do I need a home energy assessment to qualify for rebates?
Some rebates, like the Canada Greener Homes Grant, require an energy audit before installation. - Can I stack multiple rebates for furnace and heat pump installations?
Yes, you can combine CleanBC, FortisBC, and federal rebates to maximize savings. - How do I know if I qualify for heat pump rebates in BC?
Homes using electric baseboards, gas furnaces, or oil heating are eligible—check with CleanBC for specific criteria. - What’s the best time to apply for rebates on heating system installations?
It’s best to apply before purchasing, as some rebates require pre-approval. - How do I apply for a CleanBC rebate for heat pump installation?
You must hire a registered contractor, install an eligible system, and submit proof of purchase. - Do FortisBC rebates apply to all furnace brands?
FortisBC rebates apply to ENERGY STAR® certified high-efficiency furnaces from approved manufacturers. - How long does it take to receive rebates after installation?
Processing times vary, but rebates typically take 6–12 weeks to be issued. - Are there rebates available for hybrid (dual-fuel) heating systems?
Yes, you can get rebates for dual-fuel systems combining a heat pump and a furnace. - Can I install a heat pump and still keep my gas furnace?
Yes, a dual-fuel system allows you to use a furnace as backup heating in extreme cold. - Are electric furnaces eligible for rebates?
No, electric furnaces are not eligible, but electric heat pumps qualify for large rebates. - Does BC Hydro offer additional heat pump rebates?
Yes, BC Hydro provides bonus incentives when switching from electric heating to a heat pump. - Are there low-income grants for heat pump and furnace installation?
Yes, the Canada Greener Homes Grant offers higher rebates for low-income households. - Can I get a rebate for replacing an old gas furnace with a heat pump?
Yes, switching from gas to a heat pump qualifies for up to $11,000 in rebates. - What is the highest rebate available for heat pumps in BC?
The maximum rebate is $11,000 through CleanBC and FortisBC combined. - Can landlords apply for heat pump or furnace rebates?
Some programs allow rental properties to qualify, but homeowners get priority. - Do I need to replace my ductwork when installing a new heat pump?
Most existing ductwork can be used, but older systems may need modifications. - Is it cheaper to install a heat pump in a new home or an existing one?
New construction installations are usually cheaper since ductwork and wiring can be planned in advance. - How does a heat pump lower heating costs compared to a furnace?
Heat pumps use less energy by transferring heat instead of burning fuel, reducing utility bills. - Do I need a secondary heating system if I install a heat pump?
Modern cold-climate heat pumps work well alone, but a backup system can help in extreme temperatures. - How do I get a free heat pump through government incentives?
Some programs offer 100% rebates for low-income households switching to heat pumps. - Does a high-efficiency furnace still qualify for rebates if I don’t install a heat pump?
Yes, FortisBC offers rebates for high-efficiency gas furnaces without a heat pump. - Are rebates available for oil-to-gas or oil-to-heat pump conversions?
Yes, converting from oil heating to a heat pump qualifies for up to $11,000 in rebates. - Can I claim rebates for both heating and cooling upgrades?
Yes, heat pumps qualify for both heating and cooling rebates. - Are there rebates for multi-zone heat pump systems?
Yes, ductless mini-split heat pumps with multiple zones qualify for rebates. - Does my furnace need to be broken to qualify for replacement rebates?
No, you can replace a working but inefficient furnace and still qualify. - What is the payback period for a new heat pump after rebates?
Most homeowners recover costs within 5–10 years through energy savings. - Can I get rebates for upgrading from a mid-efficiency to a high-efficiency furnace?
Yes, FortisBC provides rebates for upgrading to a 95%+ AFUE furnace. - How much do I save annually by switching to a heat pump?
Heat pumps reduce heating costs by 30%–50% compared to natural gas or oil heating. - Are rebates available for ducted and ductless heat pumps?
Yes, both central heat pumps and ductless mini-splits qualify for rebates. - Can I install a furnace and heat pump at the same time to maximize rebates?
Yes, combining both systems qualifies for more rebate savings. - How do I maximize my rebate amount?
Choose a certified contractor, install an eligible high-efficiency system, and apply for all available programs. - Can I replace my water heater and get rebates alongside my heating system?
Yes, BC Hydro and FortisBC offer separate rebates for high-efficiency water heaters. - What is the difference between a standard and cold-climate heat pump?
Cold-climate heat pumps operate efficiently in subzero temperatures, while standard models work best above freezing. - Are there federal tax credits for heat pumps or furnaces?
The Canada Greener Homes Grant provides up to $5,000 for energy-efficient upgrades. - Do I need to hire a certified contractor to qualify for rebates?
Yes, only installations done by certified contractors are eligible for rebates. - Can I get rebates for upgrading my thermostat with my furnace or heat pump?
Yes, smart thermostats may qualify for additional rebates. - Will rebates run out if too many people apply?
Some rebate programs have limited funding, so it’s best to apply early. - Do I need to submit proof of installation to get my rebate?
Yes, most rebate programs require receipts, invoices, and proof of installation. - Can I install a heat pump myself and still qualify for rebates?
No, professional installation by a certified contractor is required. - How do I get started with my rebate application?
Contact (604) 704-0300 for a free consultation and rebate guidance.
Get 10% Off Your Furnace or Heat Pump Installation – Limited-Time Offer!
For a limited time, ROMA Heating & Cooling is offering an additional 10% off furnace and heat pump installations. Combine this discount with available rebates to save even more on your upgrade!
Contact ROMA Heating & Cooling Today!
📞 Phone: (604) 704-0300
📧 Email: info@Romaheating.ca
📍 Address: [Link to ROMA’s Location]
Book your free consultation today and discover how much you can save on a new furnace or heat pump installation after rebates with ROMA Heating & Cooling!
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Why Greater Vancouver Trusts ROMA Heating & Cooling
ROMA Heating & Cooling has installed, repaired and maintained heating and cooling systems across Metro Vancouver since 1999. Our team are TSBC-licensed gas fitters (Gas LGA0202903) and Red Seal-trained technicians — licensed, bonded and insured — and we back every job with upfront, flat-rate pricing and a 100% satisfaction guarantee. We hold a 4.8★ rating from 221+ Google reviews.
- Authorized for 30+ brands (Lennox, Carrier, Viessmann, Navien, Rheem & more)
- Upfront flat-rate pricing — no overtime or hidden fees
- Free, no-obligation estimates on new installations
- Locally owned & operated in Burnaby, BC
No Hidden Fees
Our service rates are transparent and easy to understand. You approve upfront, flat-rate pricing before we start — so you never get a bill you didn’t expect.
Licensed & Bonded
ROMA is a TSBC-licensed gas contractor (Gas LGA0202903). Our technicians are bonded, insured and Red Seal-trained — qualified for any heating or cooling system.
Free Estimates
We offer free, no-obligation estimates on new installations — furnaces, boilers, heat pumps, air conditioners, tankless and hot-water tanks.
ROMA Heating & Cooling is a trusted HVAC contractor serving Metro Vancouver since 1999. We specialize in furnace repair, heat pump installation, boiler services, air conditioning, and emergency heating solutions for residential, commercial, and government clients. Available 24/7, our certified technicians deliver fast, reliable, and affordable HVAC services across Greater Vancouver.