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  1. Jan 25, 2024 · The OHPA program was first announced in November 2022 and launched in March 2023. On October 26, 2023, the Government of Canada announced enhancements to the OHPA program to help make the switch from heating oil to electric heat pumps even easier and more affordable for more low-to-median-income households. Information on the strengthened OHPA ...

  2. Mar 25, 2019 · The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01. 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 ...

  3. 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. Wholesale Prices.

    • Average Single Family Residence
    • Space Heating Comparison Chart
    • Energy Rates

    Knowing your options will help you decide on the best fuel source for your home. These charts provide side-by-side comparisons of annual heating costs as well as the associated greenhouse gas emissions for some of the most common heating types.

    *Wood and pellet biomass fuels are essentially carbon neutral, however do have other air pollutants (ex. particulate matter) not considered here. **For comparison purposes only. Costs above assume the entire home is heated with the indicated system for a full heating season. In most cases fireplaces and stoves only provide supplemental heat to anot...

    *Pricing may vary based on how much you use. For greater accuracy, please contact your supplier or contractor.

  4. Jun 18, 2024 · The Oil to Heat Pump Affordability (OHPA) program helps homeowners who are currently heating their homes with oil, transition to eligible heat pump systems. Making the switch can help you save thousands of dollars on your heating bills every year and help reduce greenhouse gas emissions. New enhancements have been made to the program to make it ...

  5. Heat pumps are generally more efficient at both heating and cooling, although heating is where they really shine compared to traditional heating methods. While most heating systems max out at close to 100% efficiency, heat pumps can achieve heating efficiency of 300% or 400% because they are moving heat energy rather than burning fuel to extract it.

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  7. Jul 22, 2022 · Number of Heating Hours: 1809 hours. BTUs Used: 40,000 BTUs. Central heat with propane – 80% efficient furnace will cost $1815.88 a year with propane costing $2.295/gallon. Central heat with natural gas – 90% efficient furnace will cost 941.40 a year with a price of $1.301/therms.