For owners and managers of multi-unit residential buildings, energy performance is no longer just an operating cost issue. Aging systems, emissions targets, and rising utility rates are converging, forcing decisions that affect asset value, tenant experience, and long-term capital planning. 

In British Columbia, BC Hydro’s incentive programs are increasingly being used as a strategic lever to support these decisions. Funding is available for assessments, studies, and upgrades that lower emissions, enhance tenant comfort, and extend the life of building systems. 

As a member of the BC Hydro Alliance of Energy Professionals, MCW helps building owners, strata councils, and asset managers access these incentives, streamline the application process, and align upgrades with long-term capital planning goals. Learn more about the program on BC Hydro’s site. 

BC Hydro Energy Retrofit Program Incentives

Rather than standalone rebates, these incentives are most effective when sequenced as part of a long-term energy and decarbonization roadmap.

1. Energy Assessments

• Funding up to $5,000.
• Establish a baseline of energy performance and identify system-level retrofit opportunities.
• Provides the foundation for a structured energy and decarbonization strategy.
• Download the participant guide for full program details.

2. Detailed System Studies

• Funding up to $30,000 for a focused study of one system (HVAC, DHW, or lighting).
• Deliverables include technical analysis, cost–benefit modelling, and implementation pathways.
• Reduces risk by providing a clear business case for system renewal or replacement.
• Read FAQs for eligibility and application guidance.

3. Building-Wide Upgrade Rebates

Eligible measures include:

• Central heat pump systems.
• Advanced lighting and controls.
• High-efficiency water heating.
• High-performance glazing and envelope upgrades.

These projects can significantly lower energy intensity and utility spend while improving lifecycle ROI.

4. Additional Incentives

• Suite-Level Rebates: Individual condo or apartment owners may qualify for ductless heat pumps or water heating upgrades. These are homeowner-driven measures, typically installed by contractors, but they remain an important complement to building-wide retrofits.
• Renewable Energy & Storage: Rebates for solar PV and battery systems to increase resilience and energy independence.
• EV Charging: Incentives available for both chargers and electrical capacity upgrades to support fleet and resident charging demand.

MCW Approach

Incentive programs are most effective when they are integrated into broader asset and decarbonization strategies. MCW helps clients capture the full value of available funding while shaping upgrades that align with capital and operational priorities.

Our team provides:

• Expertise in program compliance and funding opportunities.
• Integration of retrofit measures into long-term asset renewal and decarbonization plans.
• Experience across multi-unit residential, institutional, and commercial facilities.
• Guidance to deliver upgrades that achieve sustainable, cost-effective performance.

Next Step

BC Hydro’s incentives can offset a significant portion of your upgrade costs — but only if you act.

⚠️ Program funding levels and eligibility requirements are subject to periodic updates. Please consult BC Hydro’s official materials, including the participant guide and FAQs, for the latest information.

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