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Rebates & Loans

THERE HAS NEVER BEEN A BETTER TIME TO INVEST IN YOUR HOME HEATING

Some funding application processes can be daunting and often not user friendly, so much so that we often hear from people who give up on them all together.  That’s where Cole Air Contracting can help bring you clarity and peace of mind!

Are you unsure if you are eligible for a particular program?  Not tech savy or maybe you don’t even have an email address? Don’t worry – we are here to help!  Make an appointment and come by our office to walk through your options, and we will even help you with your application, at no cost to you!”

takeCHARGE - Oil to Electric Incentive Program

With the NEW Oil to Electric Incentive Program, qualified homeowners can receive an incentive up to $22,000* to help transition their homes from oil to electricity-based heat.

Oil to Electric Incentive (takeCHARGE Federal and Provincial)

Up to $22,000

Based on income, # of people living in home, type of heating being installed

Only 1 quote is required for each heating option you are installing.

takeCHARGE - Greener Homes Program

The TakeCharge Greener Homes Program, delivered in partnership with the Government of Canada is an income-eligible program to help qualifying customers improve home comfort and energy efficiency through a limited number of no-cost heat pumps, heat recovery ventilators, insulation and air sealing upgrades, and home energy assessments.

The program is offered province-wide, with targeted programming for remote, isolated diesel communities. If you are in a Newfoundland and Labrador Hydro Isolated Systems community you can still apply and Hydro staff will reach out to you to discover which upgrades you may qualify for.

Greener Homes Loan

The Canada Greener Homes Loan offers interest-free financing in addition to the Greener Homes Grant.

  • Up to $40,000, 10 year & 0% interest.
  • You must qualify for the above grant to be eligible. This is NOT based on income.
  • Only 1 quote is required 

Oil To Heat Pump Affordability Program

Homeowners may qualify to receive an upfront payment of up to $10,000 to switch to new, energy-efficient heat pumps. This program is based on income.

  • Recommended to get 3 quotes.
Credit-Union-Logo

Credit Union

Eco Home Loan unsecured loan offered at a competitive rate of 5.99%, specifically designed to support energy-efficient home improvements.
  • Offered at 5.99% interest for a maximum term of 5-years
  • Open loan, can make additional payments or pay it off early with out fees or penalties
  • Flexible repayment options: monthly, bi-weekly, or weekly

**Please note that the attached approximately monthly payment is prior to any application fees applied by the finance partner. Once this fee, if applicable, is added to the loan, the monthly price may vary slightly. The noted interest rates are prior to any credit check and can be changed by the finance partner based on credit history. ** 

Financing Options via ColeAir Contracting Ltd (Vault Pay)

You pick the terms you want – anywhere between 1-20 years.

The interest is based individually and dependent on the terms you choose.

Click on the Financing Tab to start your application.

No down payment needed.

Only 1 quote is required.