Heat pumps are the home heating we need in Canada: efficient, comfortable and green. They’re not cheap to buy though. Fortunately there are plenty of rebates available to help cover the cost of installation…
Greener Homes offers grants of up to $5,000 and interest free loans up to $40,000 for heat pumps and other energy efficient home upgrades to all Canadian homeowners
The Federal OHPA program helps low and middle-income homeowners switch from heating oil to heat pumps.
The cost of heating with oil has rocketed upwards in the past few years. Heat pumps are a much cheaper, safer and cleaner option. But, they come with significant up-front costs. This program is designed to help people afford to make the switch.
BC Hydro offers up to $2,000 to top-up the federal Greener homes program.
Ontario-specific changes came in for federal Greener Homes program in January 2023. The program called Home Efficiency Rebate Plus (HER+) is administered by Enbridge — rolling existing Enbridge incentives and Greener Homes into one.
Enbridge customers can get up to $10,000 rebates in total with $6,500 towards a cold climate heat pump. Non-Enbridge customers can get the same $5,000 towards a cold climate heat pump as other provinces get under the Greener Homes program.
Ottawa’s Better Homes loan program doesn’t offer incentives. However the loan does cover electrical upgrades that may be required if you’re switching to a heat pump.
Toronto’s Home Energy Loan Program also offers incentives. e.g. you can get up to $2,500 rebated for a heat pump when you borrow a minimum of $10k through the program.
Enbridge are running a trial program for customers located in certain cities:
The Clean Home Heating Initiative offers up to $4,500 to install a hybrid system — combining a ducted heat pump with a high efficiency furnace.
Quebec offers up to $2,800 assistance for homeowners to install a heat pump.
Efficiency NS offers heat pump rebates to top-up the Greener Homes program — rebate amounts depend on the size of system you install.
You can get up to $5,000 from Newfoundland Labrador Hydro to switch from oil heating to heat pumps.
Heat pumps can be a great solution for home comfort and affordability. Getting government assistance to install them can help a lot in taking the sting out of a heat pump’s upfront cost.
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