What NB Power rebates are available for energy-efficient renovations in 2026?

NB Power's Total Home Energy Savings program remains the province's most accessible rebate pathway for energy-efficient renovations in 2026, offering incentives on heat pumps, insulation, windows, doors, and more — with individual rebates typically ranging from $500 to $5,000+ depending on the upgrade.

The Total Home Energy Savings (THES) program is NB Power's flagship residential rebate offering, and for most NB homeowners it is the first place to look when planning an energy renovation. The program covers air-source heat pumps (including mini-splits and ducted systems), heat pump water heaters, insulation upgrades for attics, walls, and basements, triple-pane windows, and air sealing work. Rebate amounts change periodically, so confirming current values directly with NB Power before budgeting is essential — the program has evolved significantly in recent years and 2026 rebate levels should be verified at nbpower.com or by calling their energy efficiency team.

To access most NB Power rebates, you must use a participating contractor who is registered with the program. This is not just a formality — registered contractors understand the documentation requirements and submit the rebate paperwork on your behalf. If you hire a contractor who is not registered, you may be ineligible for the rebate even if the work itself qualifies. Always confirm contractor participation before signing a contract for any energy upgrade you plan to rebate.

Stacking Rebates for Maximum Savings

Savvy NB homeowners can layer NB Power rebates with federal programs. The Canada Greener Homes Grant (now wound down as a grant but evolved into loan programs) and the Oil to Heat Pump Affordability Program have provided additional funding layers in recent years. The NB government has also run supplemental programs, particularly targeting oil-to-heat-pump conversions. Checking with Efficiency NB alongside NB Power gives you the full picture of what is stackable in 2026.

An energy audit by an NRCan-registered energy advisor is often the gateway to the most substantial rebates. Some programs — particularly insulation rebates — require pre- and post-renovation energy assessments to qualify. A home energy audit costs $400-$600 in NB but unlocks access to rebate programs that can return $2,000-$8,000 or more on a comprehensive energy renovation, making the audit cost a clear investment. The audit also gives you a prioritized upgrade roadmap so you are spending money on improvements that actually move the needle on your energy bills.

NB's climate makes energy efficiency renovations particularly valuable. With heating seasons running from October through April and fuel oil prices that have swung dramatically in recent years, the payback period on heat pumps, insulation, and window upgrades is shorter in NB than in milder provinces. Many NB homeowners who switched from oil heat to heat pumps with NB Power rebate support are reporting 40-60% reductions in annual heating costs.

For the most accurate and current rebate amounts, contact NB Power's energy efficiency program directly or use the rebate finder at nbpower.com. Program details and rebate levels in 2026 should be confirmed before contracting any work — these programs are updated regularly and the information in any guide, including this one, can become outdated. Get connected with local contractors experienced in energy upgrades through the New Brunswick Construction Network directory at newbrunswickconstructionnetwork.com/directory — many are already registered NB Power program participants.

---

Looking for experienced contractors? The New Brunswick Construction Network connects homeowners with qualified professionals:

• Thirty Four Renovations
• Gionetterenovations