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  1. Jan 25, 2024 · Homeowners who are fully heating on oil and switch from an oil furnace to an eligible heat pump system could save approximately $1,500 to $4,500 per year on their home energy bills. Homeowners who switch from a gas furnace to an eligible heat pump system, could also save money depending on the region, climate, efficiency of the equipment and ...

  2. Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart.

  3. Oct 6, 2022 · Furnace oil has been sitting around $1.50 to slightly over $1.60 per litre, give or take, for the past few months, down from a high of slightly over $2 per litre earlier this year. In early...

  4. 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.

  5. Feb 22, 2023 · Starting today, eligible homeowners across Canada can pre-register through the Canada Greener Homes Initiative to begin their applications to access up to $5,000 in additional federal support for swapping out home heating oil with electric heat pumps.

    • Natural Resources Canada
  6. Feb 22, 2023 · Starting today, eligible homeowners across Canada can pre-register through the Canada Greener Homes Initiative to begin their applications to access up to $5,000 in additional federal support for replacing home-heating oil with electric-heat pumps.

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  8. Oct 28, 2023 · Discover the ultimate guide to Canada's Oil to Heat Pump Affordability Program. Dive deep into eligibility criteria, rebates, technical assistance, and more. Plus, get insights on approved contractors by NB Power's Save Energy Program.