New October 2026: the FortisBC dual fuel rebate is back and a federal heat pump rebate has been announced. See what changed
Last reviewed: October 21, 2026

Hot Water Tank Rebates in BC

If your tank is near the end of its life, the type you replace it with decides whether you get a rebate. BC programs pay for heat pump water heaters and combined heat pump systems. A like-for-like gas or electric tank is not part of the Home Renovation Rebate Program.

Water heater tank with copper piping
Switch to a heat pump tank$1,000Up to $3,500 income-qualified
Rebate providers on this page
BC Hydro$1,000

Heat pump water heater rebate through the Home Renovation Rebate Program.

Official program page
Better Homes BC (CleanBC)Up to $16,500

Combined space and water heat pumps for income-qualified homes.

Official program page
Compare

Replacement Options and Rebates

ReplacementRebateProgramStatus
Standard gas tankNoneNot coveredNo rebate
Standard electric tankNoneNot coveredNo rebate
Heat pump water heater$1,000Home Renovation Rebate ProgramOpen
Heat pump water heater, income-qualifiedUp to $3,500Energy Savings ProgramOpen
Combined space and water heat pumpUp to $16,500Energy Savings Program, replacing fossil fuelOpen
Combined system, northern$7,000Northern community offerOpen
Heat pump water heater in a utility room

Plan Before the Tank Fails

A failed tank usually gets replaced the same day with whatever fits. Planning ahead gives time to check space, airflow and electrical capacity for a heat pump unit, and to confirm the model qualifies.

  • Check the manufacture date on the tank label
  • Look for rust or moisture at the base
  • Measure the room and note the nearest drain

How Monolith Helps

Options review

Standalone heat pump tank or a combined system, matched to your house.

Program match

Standard, income-qualified, condo or northern pathway confirmed before purchase.

Bonus stacking

Pair the tank with another upgrade for the Two Upgrade Bonus.

Hot Water Tank FAQ

Is there a rebate for a tankless gas water heater?

Not through the Home Renovation Rebate Program, which covers heat pump water heaters.

Will a heat pump tank fit where my old tank is?

Often, but it is taller and needs air volume or ducting. A site check confirms it.

Can a heat pump also heat my water?

Some air-to-water and combined systems do both. Income-qualified homes replacing fossil fuel can get up to $16,500.

Reviewed October 21, 2026 against BC Hydro, FortisBC and Better Homes BC program pages. Confirm terms before you buy.

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Check Your Rebate Pathway Before You Buy Equipment

Most rebate problems start before installation: the wrong program, a missing pre-registration, or equipment that is not on the qualifying list. Our registered energy advisors review your heating fuel, utility, income pathway and upgrade order so the paperwork matches the rules on your invoice date.

  • EnerGuide evaluations for the Home Energy Improvement Bonus
  • Heat load calculations for heat pump and dual fuel sizing
  • Upgrade sequencing across insulation, windows and mechanical
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