Oil To Electric Rebate Program
“Newfoundland Labrador Hydro”
$2,500.00
Maximum Eligible Amount
Tax Credit, Government Grant
Fund Type
With the Oil to Electric Rebate Program, qualified homeowners can receive a rebate of up to $2,500 to help transition their homes from oil to electricity-based heat.
In Newfoundland and Labrador, the majority of our electricity comes from clean, renewable sources. By making the switch to an electric heat source, homeowners can take advantage of these savings while also supporting a greener future for our province.
About the Program
The Oil to Electric Rebate Program is an initiative of the Government of Newfoundland and Labrador and is being administered by Newfoundland and Labrador Hydro. Rebates are available on a first come, first serve basis to approved applicants. Funding is limited, so be sure to get your application in quickly so you can get a jump on savings!
Rebates will be issued to qualified homeowners in Newfoundland and Labrador for eligible products purchased and installed on or after May 31, 2021.* Projects must be completed, and application and final invoices must be submitted by March 15, 2022.
Looking to get approved before you install? You may qualify for pre-approval to have a rebate held in your name. You would then have 60 days from the approval date to install the eligible product, remove the existing oil tank, and provide proof of purchase and installation of the electric heat source. The deadline for pre-approval applications is January 15, 2022.
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*The Oil to Electric Rebate Program was first announced by the Government of Newfoundland and Labrador in the 2021 provincial budget, delivered on May 31, 2021.
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