Last updated: November 9, 2026. We update this page as soon as programs change. Please bookmark it!

Ontario homeowners can get up to $7,500 for a cold-climate air-source heat pump through the provincial Home Renovation Savings program, or up to $2,000 if they heat with natural gas. A new federal rebate of $2,000, or up to $10,000 for households at or below the median income, opens in early 2027. Installations from November 1, 2026 count, and gas-heated homes qualify.

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Home Renovation Savings
(Ontario, open now)
 

If your home is heated with electricity, oil, propane or wood:

• Cold-climate air-source heat pump: $1,250 per ton, up to $7,500

• Ground-source heat pump: $2,000 per ton, up to $12,000
   

If your home is heated with natural gas (Enbridge customer):

• Cold-climate air-source heat pump: $500 per ton, up to $2,000

• Ground-source heat pump: $3,000
   

If your heat pump is a rental, any fuel:

• Cold-climate air-source heat pump: $500 per ton, up to $2,000

• Ground-source heat pump: $3,000
   

The rules that trip people up:

• No energy audit is needed. Many people still think one is.

• You must be pre-approved before installation. A unit installed before approval doesn’t qualify.

• You must use a participating contractor, who submits both applications for you. All of our contractors are registered.

• The unit must be on Natural Resources Canada’s cold-climate list.

• You must own the home. Landlords apply for their rental properties.

• The cheque arrives by mail within about 60 days of approval.
   

National Heat Pump Rebate
(federal, opens early 2027)
 

What we know, as of Ottawa’s November 5, 2026 update:
 

• How much: $2,000, or up to $10,000 if your household’s after-tax income is at or below the median for your province and household size. Ottawa checks income against your 2025 tax return.

• When: the online portal opens in early 2027, and the program runs until March 2034. Installations on or after November 1, 2026 count, but nothing is paid until the portal opens and your application is approved.

• Who qualifies: homeowners heating with electricity, natural gas, oil, propane, diesel, coal or wood. The home doesn’t have to be your main residence, so rental properties qualify. One rebate per household, and none for an address that has already had federal heat pump funding.

• What qualifies: a cold-climate heat pump on the federal eligible product list, bought from and installed by an HVAC contractor. Your old system doesn’t have to have failed, or be removed.

• Paperwork: submit receipts within six months. They must show your name and address, the installer, the make, model and AHRI number, the number of units, and the total cost, including ductwork and electrical work.

• No energy audit is needed before or after.
   

Still unknown: whether you can combine it with Ontario’s Home Renovation Savings rebate. Ottawa says the rules are still being finalized and may change.

The federal government’s own page warns that a heat pump may not lower bills in a home heated with natural gas. Working that out for your house is exactly what our free call is for.
 

Before you chase a rebate
 

A rebate is a bonus, not a reason. A heat pump has to make sense for your house without one. Three things we see often:

1. Replacing a furnace is really two jobs. You need a heat pump and an air handler to move the heat around.

2. A cold-climate unit isn’t always worth it. It costs 15 to 20% more, but if your house is leaky or your ducts are small, it can’t deliver its extra capacity, and your backup heat takes over anyway.

3. Going all-electric only pays if you remove every gas appliance. Keep a gas stove, dryer or fireplace and you’ll still pay Enbridge’s fixed monthly charge, about $30.
    

Solar and batteries

Home Renovation Savings also offers rebates for solar panels and battery storage. The catch: a rebated system must use power on site (“load displacement”), so you can’t also get net-metering credits for power you send to the grid. Ask us whether that trade-off works for your home.
 

Not sure what you qualify for?

Book a free 30-minute call!