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.
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 They\'re outdated.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
No. The federal Greener Homes Grant ($5,000 for air-source heat pumps) closed to new applicants on January 20, 2026. Many older articles still reference it as active — they're outdated. The Canada Greener Homes Loan (up to $40,000 interest-free) is still available and is now the primary federal program.
Yes — stacking is the whole point. The Canada Greener Homes Loan + the Oil-to-Heat-Pump Affordability Program (if eligible) + your provincial program(s) can all be combined. Maximum combined stacks range from $1,500 in Alberta/Saskatchewan/Manitoba to $17,000 in PEI. Your installer should pre-calculate the stack in your quote.
The Grant was free money — up to $5,000 you don't pay back. It's closed. The Loan is up to $40,000 at 0% interest for 10 years — you do pay it back, but with no interest. The Loan is much larger and is still active. For most homeowners the Loan is now the bigger source of value because the amount is 8× the old Grant ceiling.
Depends on the program. The Greener Homes Loan flows through partner banks (RBC, Scotiabank, etc.) — you get the loan, pay your installer, and repay the loan over 10 years. The Oil-to-Heat-Pump Affordability Program is income-tested and flows directly to the installer, who applies the rebate as a discount on your invoice. Provincial programs vary — most are reimbursement-after-install.
The Oil-to-Heat-Pump Affordability Program is income-tested (typically $80,000-$120,000 household income ceiling depending on family size and region). The Greener Homes Loan has no income requirement. Most provincial programs have no income requirement. So even higher-income households still benefit from significant rebate stacks.
