Updated 2026
Federal and provincial rebates can offset $1,500 to $17,000 of your heat pump installation cost, depending on where you live and what you\'re replacing. Below is the current landscape — updated to reflect the closure of the original Greener Homes Grant in January 2026.
Want the deep dive on how all the programs stack? Read our province-by-province rebate stacking guide — worked examples for every combination of federal, provincial, and utility programs in 2026.
Up to $40,000 interest-free, 10-year term
The federal Greener Homes Loan is the largest source of federal heat pump funding in 2026. Flows through partner banks. No income requirement. Applicable to ducted, ductless, geothermal, and oil-conversion installations. Combines freely with the Oil-to-Heat-Pump Affordability Program and all provincial programs.
Up to $10,000 — income-tested grant
For households currently using oil for primary heating. Income-tested (typically $80,000-$120,000 household income ceiling depending on family size and region). Covers the heat pump install plus oil tank decommissioning. Stacks with the Greener Homes Loan and provincial programs. The biggest driver of heat pump adoption in the Maritimes — see our Oil-to-Heat-Pump conversion guide for full details.
Up to $5,000 (no longer accepting new applicants)
The original Greener Homes Grant — the $5,000 you didn\'t have to pay back — closed to new applicants on January 20, 2026. Many older blog posts and contractor websites still reference it as active. They\'re outdated. The Greener Homes Loan (above) is now the primary federal program.
Click your province for full details. Stack totals below combine federal + provincial maximums for typical installs.
| Province | Provincial $ | Utility $ | Max stack ($) | Primary demand driver |
|---|---|---|---|---|
| Ontario | 7,800 | 5,000 | 12,000 | Enbridge HER program + IESO + natural-gas-to-heat-pump conversions in older housing stock |
| British Columbia | 6,000 | 5,000 | 11,000 | CleanBC Better Homes rebates + provincial mandate to phase out fossil-fuel heating in new builds |
| Alberta | 0 | 1,500 | 1,500 | Cold-climate heat pumps (CCHP) operating at -30°C now competitive with high natural-gas prices |
| Manitoba | 0 | 1,500 | 1,500 | Manitoba Hydro Power Smart financing for heat pumps and dual-fuel systems |
| Saskatchewan | 0 | 1,500 | 1,500 | SaskEnergy Heat Pump Rebate program + cold-climate awareness driving urban conversions |
| Nova Scotia | 5,000 | 0 | 15,000 | Highest oil-heating prevalence in Canada (~40% of homes); Oil-to-Heat-Pump Affordability Program is the killer driver |
| New Brunswick | 6,000 | 0 | 16,000 | Oil-conversion grants + Total Home Energy Savings Program stack to highest rebate in Canada |
| Newfoundland and Labrador | 4,000 | 0 | 14,000 | Take Charge program + Oil-to-Heat-Pump stack — heavy oil-heating market like NS |
| Prince Edward Island | 7,000 | 0 | 17,000 | efficiencyPEI Free Heat Pump Program (income-qualified) + Oil-to-Heat-Pump for everyone else |
Quebec is not listed — coverage launching in our French-language v2 build. Quebec residents currently access the same federal programs plus Hydro-Québec\'s Chauffez Vert + Rénoclimat programs (combined ~$10,000).
Tell us about your home and current heating system. We route you to a licensed installer who pre-calculates every federal and provincial rebate you qualify for in your itemized written quote.
Or call us: (833) 519-1833
Yes. As of 2026 the active federal programs are the Greener Homes Loan (up to $40,000 interest-free over 10 years, no income test) and the Oil-to-Heat-Pump Affordability Program (up to $10,000 grant for income-qualified households currently heating with oil). Every province also runs its own heat pump rebate program that stacks on top of the federal programs. The original Canada Greener Homes Grant ($5,000) closed to new applications in January 2026 — only the Loan is open now.
For the federal Greener Homes Loan: (1) book a pre-retrofit EnerGuide audit by a NRCan-registered energy advisor, (2) receive the audit report (typically 1-2 weeks), (3) submit the Loan application through the federal portal with the audit report and your installer's written quote attached. Initial approval takes 4-8 weeks. Most reputable installers handle the paperwork on your behalf. OHPAP and provincial programs follow similar audit-then-application sequences. Bringing all applications together is the most efficient path because they share most of the same documentation.
Three different mechanisms depending on the program. The Greener Homes Loan is a 0% loan flowed through partner banks (RBC, Scotiabank, others) — you receive the loan, pay your installer in full, then repay the loan over 10 years interest-free. The Oil-to-Heat-Pump Affordability Program is income-tested and paid directly to your installer at install time as a discount on the invoice (you never see the cash). Provincial programs are usually reimbursement-after-install — you pay the full quoted price, then submit proof of completed install and receive a cheque 4-8 weeks later.
No. Unlike the United States, Canada does not have a federal income-tax credit for residential heat pump installation. The Canadian incentive structure is grants (OHPAP, provincial programs) plus an interest-free loan (Greener Homes Loan) — reductions to your out-of-pocket cost directly, rather than reductions to your tax bill. The federal Canada Carbon Rebate (formerly Climate Action Incentive) does provide a household-level payment that offsets some carbon-priced fuel costs, but it's not specifically tied to heat pump installation.
Yes — stacking is the whole point. The federal Greener Homes Loan combines with the federal OHPAP (if eligible for oil-conversion) AND with your provincial program(s) AND with any utility-company programs (BC Hydro, Enbridge HER, FortisBC, etc.) AND with municipal programs in some cities. Maximum combined stacks range from $1,500 in Alberta to $17,000 in PEI for income-qualified oil conversions. Your installer should pre-calculate every applicable program in your written quote.
The Oil-to-Heat-Pump Affordability Program is income-tested — typical thresholds run at 80-120% of provincial median household income depending on family size. The federal Greener Homes Loan has no income test. Most provincial programs are universal (no income test) with optional enhanced tiers for income-qualified households. So even higher-income households still benefit from substantial combined rebate stacks — just not the OHPAP portion.
Generally no. The Greener Homes Loan covers the install cost interest-free, so you don't need cash upfront — the loan pays the installer, you repay it over 10 years. The OHPAP grant is applied directly to your invoice at install time. Only provincial reimbursement-after-install programs require you to front the cash temporarily, and many homeowners use the Loan to cover that interim period too. Net effective upfront cash required for most installs in 2026 is $0 to $1,000.
