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How Much Do They Cost?

When pricing units, always consider the savings as well as the up front costs. If you are currently burning 2000 litres of heating oil annually just to heat your home and you are considering a whole home conversion, remember that you will be saving not only the current cost of fuel but the increasing costs of future oil - and who knows where that is headed!

Pricing must take into account many factors: size and number of units; electrical costs including panel requirements; yes or no on extended warranty; heat pump manufacturer, time required, distance/time to the job site and additional materials. We do not operate on a one price for all, although we do have base prices that can be discussed once we are on site and doing our complimentary appraisal.

Financing is available through the Nova Scotia Power heat pump program where SHINES is a registered vendor. The rates dropped March 1, 2014 to 4.9% for up to 5 years and to 6.9% for up to 10 years.

NSPI Financing Examples (all plus tax)

$3500 install
4.9% = $65.81/mo/5 year term
6.9% = 40.28/mo/10 year term


$6000 install
4.9% = 112.82/mo/5 year term
6.9% = 69.06/mo./10 year term


$9000 install
4.9% = 169.23/mo/5 year term
6.9% = 103.59/mo/10 year term

Note that the rates are fixed for the entire financing period.