Yahoo Canada Web Search

Search results

  1. Jun 18, 2024 · 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. 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 ...

  2. Jan 25, 2024 · The average Canadian home that uses natural gas would spend between approximately $500 and $2,000 per year on home heating. 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.

  3. Oct 28, 2023 · Under the Oil to Heat Pump Affordability Program, homeowners can receive a rebate of up to $1,000. When combined with the Canada Greener Homes Grant, the total rebate can amount to up to (new) $15,000 to help offset the costs of the transition. Rebate Approval: After reviewing your application, the rebate amount will be approved and disbursed ...

  4. Jun 18, 2024 · Canadian homeowners who are eligible for the Oil to Heat Pump Affordability program may receive up to $10,000 toward the costs associated with switching to an eligible heat pump system. Homeowners in British Columbia, Nova Scotia, Newfoundland and Labrador, and Prince Edward Island may also be eligible for additional grant amounts.

    • News release
    • Quotes
    • Quick facts

    The Honourable Jonathan Wilkinson, Canada’s Minister of Natural Resources, provided an update on the Oil to Heat Pump Affordability (OHPA) Program, introduced in November 2022. 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. Those who pre-register will be contacted once final program details are launched in the coming weeks. Currently, full registration is available through delivery partners in Prince Edward Island and Nova Scotia.

    February 22, 2023     Vancouver, British Columbia           Natural Resources Canada

    Heat pumps not only help families save money on their monthly bills: they also help cut pollution and fight climate change. That’s why the Government of Canada is taking another step forward to help families make the switch from expensive home heating oil to efficient electricity heat pumps.

    Today, the Honourable Jonathan Wilkinson, Canada’s Minister of Natural Resources, provided an update on the Oil to Heat Pump Affordability (OHPA) Program, introduced in November 2022. 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. Those who pre-register will be contacted once final program details are launched in the coming weeks. Currently, full registration is available through delivery partners in Prince Edward Island and Nova Scotia.

    The OPHA program helps low-to-middle-income households that are currently heating their homes with oil to move to electric heat pumps. By switching, homeowners can receive up to $5,000 toward the purchase and installation of a new, cold-climate heat pump, save thousands of dollars annually on heating bills and help cut pollution.

    This support is in addition to up to $5,000 in federal support from the $2.6-billion Canada Greener Homes Grant (CGHG), which is already supporting eligible homeowners to retrofit their home to reduce energy use and save money. With the OHPA Program, low-to-medium-income homeowners may qualify to receive a total up-front payment of up to $10,000. They could further benefit by combining additional financial assistance from other existing provincial, territorial, federal and utility programs, such as those already available in PEI and Nova Scotia.

    “Replacing home heating oil with electric heat pumps is an effective way for families to save money while reducing pollution. Today, the Government of Canada opened pre-registrations for Canadians to access the Oil to Heat Pump Affordability Grant. When stacked with the Canada Greener Homes Grant, this means up to $10,000 in federal support for heat pumps.”

    The Honourable Jonathan Wilkinson

    Minister of Natural Resources 

    “By helping Canadians switch from the roller-coaster prices of home heating oil toward more affordable, Canadian-made electrical home heating, we’re saving households thousands of dollars on energy bills while fighting climate change. Cheaper home heating, less pollution. It’s a win-win.”

    The Honourable Steven Guilbeault

    Minister of Environment and Climate Change, Canada

    •Homeowners in PEI are invited to register through the provincial Free Heat Pump Program.

    •Homeowners in Nova Scotia are invited to register through the EffiencyOne website.

    •Heat pumps are a proven and reliable technology in Canada, capable of providing year-round comfort control for a home by:

    ○      heating it in the winter;

    ○      cooling it in the summer (heat pumps, despite their name, can also act as air conditioners); and

    ○      in some cases, heating water.

    • Natural Resources Canada
  5. Feb 22, 2023 · By switching, homeowners can receive up to $5,000 toward the purchase and installation of a new, cold-climate heat pump, save thousands of dollars annually on heating bills and help reduce greenhouse gas emissions. Combined with support from the Canada Greener Homes Program, eligible applicants can get up to $10,000 in federal support.

  6. People also ask

  7. Nov 21, 2022 · The government says a household that moves from heating oil to a heat pump can save between $1,500 and $4,700 a year on energy bills. 'Light at the end of the tunnel'