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1. climateinstitute.ca › news › heat-pumps-lowest-costHeat pumps are lowest-cost option for heating and cooling ...

   climateinstitute.ca › news › heat-pumps-lowest-cost

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   Sep 21, 2023 · New online calculator allows people to compare heating and cooling options in cities across Canada. 21 September 2023, OTTAWA—New research by the Canadian Climate Institute finds that heat pumps are already the lowest-cost way for most households across Canada to heat and cool their homes.

2. natural-resources.canada.ca › energy-efficiencyEnhancements to the Oil to Heat Pump Affordability Program

   natural-resources.canada.ca › energy-efficiency

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   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.

3. www.rbheating.com › savings-calculatorHVAC Savings Calculator | Comparison of Ontario Heating Costs

   www.rbheating.com › savings-calculator

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   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.

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5. www.furnaceprices.ca › calculators › heat-pumpHeat Pump Savings Calculator (2024) - FurnacePrices.ca

   www.furnaceprices.ca › calculators › heat-pump

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   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.

6. www.furnaceprices.ca › calculators › furnace-costNew Furnace Cost Calculator (2024) | FurnacePrices.ca

   www.furnaceprices.ca › calculators › furnace-cost

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   Use our quick and free furnace cost calculator to get an estimate on how much your new propane or natural gas furnace will cost, including installation. Related Guides & Tools. Reviews & Buying Guides. Best Furnaces. Complete Furnace Buyer Guide. Furnace Price Guide. Furnace Reviews. Calculators. Furnace Size Calculator. AC Cost Calculator.

7. www.globalpetrolprices.com › Canada › heating_oil_pricesCanada heating oil prices, 01-Jul-2024 | GlobalPetrolPrices.com

   www.globalpetrolprices.com › Canada › heating_oil_prices

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   Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.

8. People also ask

   How much does heating oil cost in Canada?

   • We show heating oil price data for Canada from 2019-03-25 to 2024-06-03. The average heating oil price during that period is CAD 1.41 per liter with a minimum of CAD 0.81 on 2020-05-11 and a maximum of CAD 2.35 on 2022-11-07. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.

   Canada heating oil prices, 03-Jun-2024 | GlobalPetrolPrices.com

   www.globalpetrolprices.com/Canada/heating_oil_prices/

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   Should Canadians switch from an oil furnace to an electric heat pump?

   • Making the shift from an oil furnace to an electric heat pump significantly reduces Canadians’ energy bills and Canada’s emissions. The Government of Canada has been helping Canadians make this switch through a range of programs, including through NRCan’s Oil to Heat Pump Affordability (OHPA) program.

   Enhancements to the Oil to Heat Pump Affordability Program

   natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/oil-heat-pump-affordability-program/enhancements-the-oil-heat-pump-affordability-program/25485

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   How much does it cost to heat a Canadian home?

   • In 2023, the average Canadian home that is fully heated on oil and using between 1,000 and 3,500 litres per year of oil would spend approximately $2,000 to $5,500 per year, depending on the province or territory, the climate, the efficiency of the equipment and heating load — making it the most expensive heating option.

   Enhancements to the Oil to Heat Pump Affordability Program

   natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/oil-heat-pump-affordability-program/enhancements-the-oil-heat-pump-affordability-program/25485

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   Why are oil-heated homes so expensive in Canada?

   • Oil-heated households in Canada face the highest and most volatile heating bills on a relative basis, which are becoming increasingly difficult to manage in the context of high global inflation rates. Home heating oil prices in Canada in 2022–2023 were approximately 30 percent higher than in 2020–2021.

   Enhancements to the Oil to Heat Pump Affordability Program

   natural-resources.canada.ca/energy-efficiency/homes/canada-greener-homes-initiative/oil-heat-pump-affordability-program/enhancements-the-oil-heat-pump-affordability-program/25485

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9. heatpumpcalculator.caHow heat pumps pay off in Canada

   heatpumpcalculator.ca

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   This interactive tool helps you to compare the cost of heat pumps to other home heating and cooling options in five cities across Canada. It was developed by experts at the Canadian Climate Institute based on extensive economic analysis.