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As of October 2026, there are three main heat pump rebates for Vancouver Island homes: up to $4,000 from BC Hydro if you heat with electricity, up to $4,000 from FortisBC if you heat with natural gas, and up to $13,000 from CleanBC if your household qualifies by income. You can only use one of them, and the right one depends on how you heat your home today. A new federal rebate is on the way too. Here's how each one works for Island homes, checked against the official program