Financing a heat pump is easier than you think.
If you’re renovating your home, or building a new one, you can pay for a heat pump through easy, on-bill financing options (on approved credit) with Nova Scotia Power.
Below is an outline of the 5 step process to obtain on-bill financing with Nova Scotia Power.
- Get an estimate
Eco-Air Heating & Air Conditioning is an approved contractor and can provide an quote. Click here to request a quote!
- Credit application
Once you’re satisfied with your estimate, we will provide you with a credit application form that will be shared with Nova Scotia Power.
- Credit check
Nova Scotia Power then performs a credit check. If you’re approved, Nova Scotia Power will contact us and we will arrange the installation directly with you. If you’re not approved, Nova Scotia Power will let both you and Eco-Air Heating & Air Conditioning know.
Please note: NS Power can only provide a yes or no answer for financing and any questions regarding credit scoring should be forwarded to Equifax at 1-800-465-7166.
Your new heat pump will be installed, and we will complete and witness the financing agreement form with you and then forwarded to Nova Scotia Power.
Nova Scotia Power prepare the contractor payment and add the financing charges to your Nova Scotia Power account. You’ll see the same payment on your bill each month until your term is complete.
- Customers must have an existing Nova Scotia Power account in good standing and own the residence where the product will be installed. Renters are not eligible for financing.
- A customer can pay the financing charge in full at any time without interest or penalty.
- A customer can add a lump sum payment to shorten the term, without interest or penalty.
- The total amount financed can include service upgrades, water heaters, maintenance packages and / or extended warranties
For more information please Contact Us!