Skip to content

Sample building, not a client's

Replace the boilers like for like, or electrify?

A worked example on a fictional building, to show what a Readiness Review gives an owner. The rebate and credit rules are current program rules. The building, its costs and its savings are illustrative, set for this sample. Every figure is marked Sample and none of it is a quote.

Starting on your own building costs nothing. Start here

Location
Metro Vancouver (sample)
Owner
A taxable Canadian corporation
Building
Eight-storey office from the 1980s, about 120,000 sq ft
The decision
Boilers and rooftop units near the end of their life

Three paths, on the building

Pick a path to see what changes, where the work happens, what the engineer has to confirm and what it costs you. Tap or click a system on the building for a short note.

The three paths keep the building's system, the rooftop units and the baseboard loop, and change how much of the heating comes off gas. Left out on purpose: VRF or fan coils with a dedicated outdoor air unit, which change every floor and usually wait for a major renovation; ground-source heat pumps; the hot water tank, which is replaced like for like on gas in every path, so the all-electric path still uses about 5% of today's gas; and solar or battery storage, which work on the electrical side and can be added to any path.

The 3D building needs WebGL, which this browser has turned off.

Sample building

As it is

An eight-storey office from the 1980s. Three gas rooftop units heat, cool and ventilate the floors and carry most of the heating. Two gas boilers heat water for baseboard heaters along the outside walls. One electrical service feeds a panel on each floor. The boilers are due next year and the rooftop units the year after.

The electrical service runs at about 55% of its capacity at peak today (Sample).

Sample

What each path costs you, after the rebate and the credit

Project cost, less the utility rebate, less the federal credit, equals the net to you.

Sample

Like for like

Gas use
About 5% less
20-year cost, with energy and maintenance
$2.05M
Year-one tax saving, CCA at 27%
No 100% write-off
  • No rebate or federal credit counted: the new equipment burns gas.
  • No 100% write-off: gas equipment gets ordinary CCA, spread over many years.

Sample

Hybrid

Gas use
About 60% less
20-year cost, with energy and maintenance
$2.14M
Year-one tax saving, CCA at 27%
About $0.13M
  • Utility rebate: apply within 365 days of the invoice.
  • Federal credit: 30% if acquired and in use by the end of 2033, 15% in 2034.
  • Tax write-off (CCA): 100% in year one if the equipment is in use before 2030.

Sample

All-electric

Gas use
About 95% less
20-year cost, with energy and maintenance
$2.70M
Year-one tax saving, CCA at 27%
About $0.19M
  • No utility rebate counted for this path.
  • Federal credit: 30% if acquired and in use by the end of 2033, 15% in 2034.
  • Tax write-off (CCA): 100% in year one if the equipment is in use before 2030.

In this sample, the hybrid path costs about 5% more than like for like after the rebate and the federal credit ($0.93M against $0.89M) and cuts gas use by about 60%. Over 20 years at today's prices it stays about 5% more ($2.14M against $2.05M), because the power for the heat pump costs a little more than the gas it replaces.

Sample. A fictional building, not a quote. Planning-grade costs, good for choosing a direction, not for tender. All three charts are drawn to one scale. The rooftop unit rebate counts because the existing gas rooftop units are the building's main heat, which the utility requires. The 20-year cost is the net capital plus 20 years of heating energy and maintenance at today's prices, with no escalation and no discounting: gas at $9.31 a GJ (FortisBC's large commercial rate on the Mainland, October 2026, with no carbon tax since April 2025), electricity at about 12 cents a kWh with demand charges, and the same maintenance in every path. Local carbon limits are not counted. The City of Vancouver's by-law, for example, sets a limit for offices this size that reaches zero in 2040, inside this 20-year window; Council paused its enforcement in May 2026 while staff review it. Vandecarb tracks limits like that for a real building. The federal credit applies to eligible heat pump equipment, less any rebate on it; your accountant confirms the claim. The year-one tax saving is capital cost allowance (CCA) on that heat pump equipment: a 100% write-off in the first year if it is in use before 2030, on the cost left after the rebate and the credit, valued at an assumed 27% corporate tax rate. Every path also gets ordinary CCA over many years. The saving sits beside the waterfall and is never netted into it. Positions on the building are schematic.

What Vandecarb worked from

The documents the owner already had, and the building seen from above. No site visit for this first pass.

  • Building condition assessment. The engineer's view of each system's condition and remaining life.
  • Equipment list. Every boiler and rooftop unit, with its install year.
  • Drawings. Where the plant rooms, the shafts and the electrical rooms are, and the floor plans.
  • Two years of utility bills. Electricity and gas, to size what each path changes.
  • The building from above. The footprint and the roof plant, from an aerial view.

If the owner goes ahead

That is Stage 2, OwnerSide Stewardship. Vandecarb sets up each incentive so it can be claimed, prepares the file the accountant needs for the federal credit, and stays on the owner's side through the tender, the pricing review, installation oversight and final review. The owner hires the engineer directly.

Start here