Total Home rebates
There's no income test. It's $400 for a mini-split, $350 per indoor head on a new multizone system, $1,500 for central ducted, $1,000 for a heat pump added onto a furnace and $2,000 for geothermal. Air-source units have to be on NRCan's cold-climate list for New Brunswick and Nova Scotia.
The catch is the order you do things in. Book the first EnerGuide evaluation before you buy anything, because nothing bought before it counts. You then have nine months to finish the work and get the final evaluation, and the cheque comes about 90 days after that. You have to own the home.
If you already have a heat pump, NB Power says the new one has to be more efficient but doesn't say outright whether a replacement qualifies. Worth asking before you buy.
Free upgrades for lower incomes
The Enhanced Energy Savings Program installs upgrades for free if your household's combined gross income is $70,000 or less. That counts every adult 19 and over in the home, and it's the same limit whatever the household size. Electrically heated homes get a mini-split, oil furnace homes get a central heat pump, and NB Power's advisor adds insulation and air sealing where it's needed.
It's first come, first served, and NB Power says it can take 2 to 7 months from the first evaluation to the install. You have to own the home and live in it year-round.
Adding the federal rebate
The federal Oil to Heat Pump Affordability program closed to new New Brunswick applications on June 30, 2026. The next federal money is the National Heat Pump Rebate ($2,000, or up to $10,000 below the median income), launching in 2027. The federal government says it can be combined with provincial programs. NB Power hasn't said anything about it yet, but on a mini-split it would be worth a lot more than the Total Home rebate. What we know about the federal rebate