Nova Scotia Power Heat Pump Financing for Daikin Products
The terms of this program allow you to purchase one or more heat pump systems for your home and lease-to-own the entire purchase and installation amount directly on your power bill.
The current terms of the program offer
1 to 10 year terms
7.0% interest rate
$1.00 buyout at end of term
Ability to payout the lease in full at any time
Example of monthly financing costs as of May 2017 for the Daikin Cold Climate 12,000 BTU system.
If you finance a 12,000 BTU Daikin cold climate higher end unit and installation, the amount added to your Nova Scotia Power bill would be:
$121.51 per month for 3 years
$78.31 per month for 5 years
$45.86 per month for 10 years
How do I take advantage?
To get started with Nova Scotia Power’s on-bill, lease-to-own program you first need to have a quote for a heat pump install from an approved contractor.
Nova Scotia Power promotes the use of heat pump contractors with their own red seal journeyman refrigeration technicians and those who also sell quality and high efficient equipment.
Of course, we here at Ready Refrigeration are an approved Nova Scotia Power contractor.
To get started simply call us at 902-252-3128 or submit the form on our website here to book your free, in-home assessment. We’ll reach out to you within one business day to set a time that works for you.
After your appointment, we’ll provide you with a quote as well as a NSP financing application form.
Approvals for financing take 7 to 10 business days.
Available Heat Pump Rebates in Nova Scotia
Currently, Efficiency Nova Scotia is the only provider of rebates for ductless and ducted heat pump systems. Their Green Heat rebate program offers $300 off select cold climate heat pump machines when installed by a qualified contractor. Daikin heat pumps are of course listed on the approved cold climate list.
In order to qualify for the rebate you must:
Be an electrically heated home
Attain a quote for an approved cold climate heat pump
Complete the pre-approval application for the rebate
You must receive pre-approval for the Green Heat rebate. It is unfortunately not possible to go back and receive the rebate after you have already had a system installed.
To get started with financing or the rebate process give Ready Refrigeration a call at 902-252-3128 or click here to request a free assessment today!