Ontario Heat Pump Rebates in 2026: What Is Still Available and How to Qualify
Written by the Northland Home Comfort team — TSSA-registered heating, cooling and hydronics contractor (FS-R-50021) serving Simcoe County and Muskoka. Updated October 2026.
Short answer: As of October 2026 the main heat pump rebate in Ontario is the Home Renovation Savings Program, delivered by Save on Energy and Enbridge Gas: up to $7,500 for a qualifying cold-climate air-source heat pump, up to $12,000 for a ground-source system, $500 for a heat pump water heater and $100 for a smart thermostat, with insulation, air-sealing and window rebates available in a bundle after a home energy assessment. The federal Canada Greener Homes Grant, the Greener Homes Loan and the Oil to Heat Pump Affordability program have all closed to new applications.
What is open
| Program | Who runs it | Heat pump rebate | Status (Oct 2026) |
|---|---|---|---|
| Home Renovation Savings Program | Save on Energy + Enbridge Gas, with the Province of Ontario | Up to $7,500 (cold-climate air-source), up to $12,000 (ground-source) | Open |
| Manufacturer promotions | Equipment manufacturers, seasonal | Varies, typically a few hundred dollars | Changes monthly |
What has closed
- Canada Greener Homes Grant: closed to new applications in February 2024.
- Canada Greener Homes Loan: funding fully committed; new applications cannot be approved.
- Oil to Heat Pump Affordability (OHPA): last day to apply was July 31, 2026.
If a website or a salesperson promises a federal grant or an interest-free federal loan on a new heat pump, the information is out of date.
Home Renovation Savings: how it works
- Who qualifies. Ontario homeowners, whether the home heats with gas, propane, oil, electricity or wood, subject to program terms.
- What equipment qualifies. Cold-climate air-source heat pumps on Natural Resources Canada’s qualified products list. The rebate amount depends on the size of the unit. Ductless and ducted models both appear on the list; we confirm the exact model number in your quote.
- Single upgrade or bundle. You can claim a heat pump on its own, or do a home energy assessment ($600 rebate) and combine two or more upgrades for the bundle rebates on insulation (up to $7,700 bundled), air sealing and windows.
- When you apply. After installation, with the invoice and equipment details. The invoice we issue carries the model and serial numbers the program asks for, and we help with the application.
- Timing. Program terms and amounts can change; the figures here are from the program website in October 2026 and are confirmed in your written quote. See our rebates and financing page.
What a $7,500 rebate does to the price
A central cold-climate heat pump installed for $16,000 nets out around $8,500. A hybrid heat pump added to an existing furnace for $11,000 nets out around $3,500 if it qualifies for the full amount. A cold-climate ductless unit for a cottage at $6,500 can net well under $3,000. Figures depend on the unit’s size and the program’s tiers. See heat pump costs and ductless costs.
Other things worth knowing
- Smart thermostat: $100, easy to add to any installation.
- Heat pump water heater: $500 for an ENERGY STAR model, a good fit for homes on electric water heating.
- Enbridge customers: the program is the same whether you are on gas or not; being an Enbridge customer is not required.
- Financing: separate from rebates. Monthly payment options on approved credit are shown in our quotes beside the cash price.
How we handle it
We specify qualifying equipment by model number, show the expected rebate on the quote, issue the invoice with the details the program needs and help with the application after the install. Across Simcoe County and Muskoka that has meant a lot of propane and electric-heat homes getting a heat pump that would not have made sense at full price.
Frequently asked questions
Yes. The Home Renovation Savings Program pays up to $7,500 for a qualifying cold-climate air-source heat pump and up to $12,000 for a ground-source heat pump, as of October 2026.
No. It closed to new applications in February 2024. The Greener Homes Loan is fully committed and the Oil to Heat Pump Affordability program stopped accepting applications on July 31, 2026.
Qualifying cold-climate ductless models on the NRCan list are eligible; the amount depends on the unit’s size. We confirm eligibility by model number before you sign.
Not for a heat pump on its own. The assessment is required only if you want the bundle rebates on insulation, air sealing and windows.
The homeowner applies after installation. We supply the invoice with the equipment details the program requires and help with the application.
Want the rebate shown on a real quote for your house? Book a free assessment and we will specify qualifying equipment and the expected rebate in writing.
