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  1. Jun 18, 2024 · Is your home heated by oil? Is your household at or below the median household after-tax income? Canadian homeowners who answer “yes” may be eligible to receive an upfront payment of up-to-$10,000 to switch from oil heating to new, energy-efficient heat pumps.

  2. May 23, 2024 · What are the Average Heating Costs per Month in Canada? On average, Canadians spend about $135 monthly to keep their homes warm. Heating a home with natural gas costs about $160 during the colder months, while electric heating is a bit cheaper at $110 per month.

  3. Jan 25, 2024 · Since early 2023, through OHPA, the Government of Canada has been providing an upfront, advance payment of up to $10,000 to low-to-median-income Canadian households that use home heating oil to help them cover the cost of purchasing and installing an eligible heat pump system.

  4. Comparison of Heating Costs in Ontario. A rule of thumb guide to help Ontario homeowners choose the lowest cost way to heat their homes. Of course how you choose to help your home will depend on what fuel types you have available in your home and also the cost of installation and what existing equipment you have.

  5. Aug 27, 2023 · It can be difficult for the layperson to compare the costs of various heating fuels. For instance, we buy electricity in dollars per kilowatt, fuel oil and propane in dollars per litre and natural gas in dollars per cubic metre.

  6. In this post we are going to compare the cost of oil heat, gas heat, electric heat and wood heat in the US and UK. Therefore, we convert all fuel costs into “heat costs”, which measures the cost per unit of heat delivered. This unit of heat could be the therm, the BTU or kWh.

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  8. Get a quick estimate on how much you could potentially save in heating costs by switching from a furnace or other heating system to an air-source heat pump with our heat pump savings calculator.

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