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Saint John Energy heat pump rental open
Administered by Saint John Energy, the city-owned utility, under its Zero30 plan; installed by Greenfoot Energy Solutions.
A ductless heat pump with nothing to pay up front: Saint John Energy installs, services and replaces it for a monthly rent from $55.36, and most New Brunswickers can rent one, not only its own customers. The catch is that you never own it: there is no buyout, and the minimum term is three years.
source · verified 27 September 2026
What it pays
| Option | Terms | Cost |
|---|---|---|
| Rent a new mini-split | Installation, periodic inspection, service calls and replacement included | from $55.36 a month |
| Rent a refurbished unit | Select sizes, limited time, $10 a month off the regular rate | from $45.36 a month |
| Buy your own, financed by Saint John Energy | From the vendor of your choice, with a good payment history and credit score | up to $10,000 over 7 years |
- Minimum term
- Three years; after that there are fees to remove the unit
- Buyout
- None. "The rental is perpetual, and Saint John Energy always owns the unit."
- Rate change
- Rents rose 2.0% on 1 September 2026, about $1.10 a month on a heat pump
- Brands
- Panasonic, Fujitsu and LG, with Wi-Fi and drain pan heaters
- If you sell
- The heat pump goes into the purchase and sale agreement like a rented water heater; if the buyer does not want it, it is removed under the contract's terms
Who is eligible
Who can rent
- Most New Brunswickers, including people outside Saint John, who also sign a pre-authorized payment agreement
- Homes and businesses, and more than one unit per home
- A free 30 to 40 minute assessment comes first: the electrical panel, the layout and where you spend your time
What disqualifies you
The rules people find out about after the work is done.
- A home where the heat pump would be the only heat source for the space it serves: Saint John Energy requires another heating option as backup.
Where the application goes
Book the free assessment online or by phone.
| If this is you | Apply here |
|---|---|
| Book the assessment | sjenergy.ca |
| Phone | (506) 658-5252 or 1-877-907-5550 |
The thing most pages get wrong
The rebate line needs a condition. Saint John Energy says rented units get "Rebates of up to $400/heat pump through the Total Home Energy Savings Program" and that "All models qualify". NB Power does pay $400 per mini-split, but its programme guidelines say rented equipment may be eligible only "with prior approval of the rental agreement by NB Power", and Total Home starts with a $99 evaluation before the work.
Renting against buying
At the starting rate, the three-year minimum comes to about $1,993 in rent ($55.36 a month for 36 months), and the payments carry on for as long as the unit stays. Buying through the same utility's financing is capped at $10,000 over seven years, after which the heat pump is yours.
The on-bill retrofit loan is not open yet
In June 2025 Saint John Energy announced a federally funded programme, $15 million through the Federation of Canadian Municipalities' Green Municipal Fund, to lend for insulation, heat pumps and solar, repaid on the power bill. It has no programme page yet. What you can use now is the $10,000 heat pump financing.