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Efficiency Manitoba wants to help you save money on your energy bill by offering a new financial incentive for anyone who upgrades their heating system — which can also be capable of cooling — to a more energy-efficient alternative.

The Air Source Heat Pump Program will give you a financial incentive of up to $1.65 per square foot of heated space to eligible homeowners and small business owners who replace their existing heating system with an air source heat pump or cold climate air source heat pump. This would result in an incentive of up to $2,640 for a 1,600-square-foot space.

Air source heat pumps are capable of heating and cooling indoor spaces.

More information on the new program can be found here.