Award-winning cleantech project developer, BONDI Energy Corp (BONDI), which specializes in heat pump retrofits for multi-family unit buildings and commercial properties across North America, says the federal budget signals strong commitment to clean energy with the announcement of the Clean Technology Investment Tax Credit.

Commenting on last week’s federal budget announcement, Belinda Gilbey, president and co-founder of BONDI Energy says: “BONDI is creating space on the grid by equipping electrically heated apartments with heat pumps, and promoting the decarbonization of buildings through government incentives and financing solutions to encourage an energy transition from fossil fuel to electrification. Governments have set net zero goals, but it is going to take companies like BONDI to pick up the ball and run it down the decarbonization field. Together, we are getting Canada closer to reaching our collective goals.”

Over the past decades, heat pumps have evolved into one of the most efficient ways to heat and cool a building. Switching from fossil fuels to heat pumps can reduce emissions by more than 60%. Additionally, heat pumps have the potential to reduce the need for fossil fuels by tapping into the increasing supply of renewable electricity.

Aaron Graben, the co-founder and vice-president of BONDI Energy, asserts that communities, governments, and building owners are becoming more cognizant of these matters and emphasizes that BONDI is committed to equipping them with the necessary tools, resources, and knowledge to facilitate this transition.

“Heat pump retrofits have the potential to revolutionize the way we approach building energy consumption and reduce our carbon footprint,” says Graben. “With significant energy savings and a positive impact on the environment, it is no wonder that more and more building owners are opting for this technology. When building owners invest in these solutions with the aid of government incentives, it sends a powerful message that the energy transition is not only necessary, but also profitable. By working together, we can create a more sustainable future for all, while improving the overall value of our properties.”

“Buildings account for 40% greenhouse gas emissions (GHG) in North America,” says Graben. “Governments are looking to multi-family and commercial building owners to lower GHG emissions to reach aggressive net-zero carbon objectives. Carbon fines are already here, and incentives won’t last forever. BONDI is one of those unique companies making a change on the ground towards decarbonization.”

About BONDI Energy:
BONDI Energy Corp (BONDI) specializes in decarbonizing buildings with energy efficient, cost-saving heat pumps and deep energy retrofits. Our projects reduce GHG emissions by more than 50%, improve tenant comfort, increase the value of buildings and lower the electricity demand. BONDI’s turnkey services include system design, equipment supply, installation, financing, incentive and grant procurement, construction management, and ongoing maintenance.

For more information, please visit @bondienergycorp and