FortisBC Energy Star Tankless Water Heater Program: Install a tankless water heater and get a $400-$500 rebate from FortisBC

When you install a new tankless water heater before June 30th, 2013 FortisBC will give you a $400-$500 rebate. The amount of the rebate depends on the efficiency of the tankless water heater:

Water heater type Efficiency rating* Rebate
Non-condensing tankless​ 0.82 – 0.89 EF​ $400​
Condensing tankless​ 0.90 – 0.99 EF​ $500​
Condensing hybrid ​ 90 – 99% TE $500​
Condensing storage tank​ 90 – 99% TE $1,000​

*EF = energy factor; TE = thermal efficiency

A hybrid water heater is a tankless water heater that also has a small hot water tank. This eliminates the delay in hot water delivery that tankless water heaters have.

Benefits of a tankless water heater:

-Tankless water heaters use 46% less energy than hot water tanks, according to a recent CMHC study.

-Tankless water heaters never run out of hot water. Units are available that can supply 2 or more outputs (showers, washing machines, taps, etc.) at a time.

-Last about twice as long as a hot water tank (expected to last 15+ years).

-Are made of materials such as stainless steel that will not rust and potentially compromise water quality.

Bosch tankless water heater

Tankless systems are much more compact than hot water tanks

-Take up less space than a hot water tank.

-Reduced risk of water damage. They do not have a large store of hot water that will inevitably leak.

Cons of a tankless water heater:

-Higher initial costs. Cost at least $1000 more than a hot water tank to install.

-Longer start-up delays. A tankless water heater usually takes at least 10 seconds longer than a hot water tank to supply hot water to a tap. (“Hybrid water heaters”, which are tankless units with a small storage tank, eliminate this problem and also qualify for a $500 FortisBC rebate.)

-Require more maintenance than a hot water tank.

Learn more about the pros and cons of tankless systems on our tankless water heaters page.

Note that there is also a $1000 rebate for condensing storage tanks. These tanks are expensive (over $4000 to install), but they offer a much greater output of hot water than a regular hot water tank, in addition to being more energy efficient. For homes that use hot water for space heating (either radiant in-floor or baseboard), some models of condensing water heater can also be used to heat your home.

Learn more on our condensing storage tanks page.

To schedule a quote on a tankless water heater or condensing storage tank, call 604 GOOD GUY (604 466 3489) or use our online form.

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