Canadian homeowners who answer “yes” may qualify to receive an upfront payment of up to $10,000 under the Oil to Heat Pump Affordability Program to switch from oil heating to new, energy-efficient heat pumps.
The Oil to Heat Pump Affordability Program helps Canadian homeowners who are currently heating their homes with oil transition to electric heat by installing a cold climate air source heat pump system. Making the switch can help you save thousands of dollars on your heating bills every year and help reduce greenhouse gas emissions.
Hybrid cold climate heat pump systems (central ducted heat pumps paired with an oil, gas or propane-fired furnace) are not eligible under this program.
- For the purchase and installation of eligible cold climate air source heat pump systems, and any of the following associated eligible measures related to its installation:
- Necessary electrical and mechanical upgrades to your home for the new cold climate air source heat pump
- The safe removal of your oil tank.
- Installation of a back-up electric heating system (as required).
- Switching over other oil-using household systems, such as a water heater (where necessary).
- Hybrid cold climate heat pump systems (central ducted heat pumps paired with an oil, gas or propane-fired furnace) are not eligible under this program.
- Following the approval of your application, you will receive a cheque. In most cases this means you will receive your funds in advance of having to pay for any of the related costs.
- The funding can be combined with additional financial assistance from other existing federal, provincial, territorial, and utility programs.
