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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.
20 hours ago · According to Efficiency Canada, the average cost of a heat pump in Canada is $18,400, while the average price of an oil furnace with a tank replacement is $6,500.
Oct 31, 2023 · The most recent information from Statistics Canada is from 2021 and shows three provinces had a significant proportion (more than 10 per cent) of households which used oil as their primary...
1 day ago · Buildings are the third most polluting sector in Canada, after oil & gas and transportation, government data shows. As of 2022, oil and gas amounts to 31 per cent of Canada’s total emissions ...
1 day ago · 17,556 metric tonnes of greenhouse gas reductions. Equivalent to 5,387 cars off the road. Every year, on average, a household participating in the Oil to Heat Pump Affordability (OHPA) program saves $1,337 on energy costs and 2.78 tonnes in greenhouse gas reductions.
Jan 18, 2024 · OTTAWA - The three provinces most dependent on heating oil account for almost nine in 10 of the households that have applied for a federal grant to replace an oil furnace with an electric...
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1 day ago · The average Canadian home that uses heating oil spends $2,000 to $5,500 on energy bills per year, depending on the province or territory — making it the most expensive heating option. Homeowners who switch from an oil furnace to a cold-climate heat pump could save approximately $1,500 to $4,500 per year on their home energy bills.
