10/09/2026
OTTAWA ANNOUNCES $2 BILLION IN HEAT PUMP REBATES FOR CANADIANS π
The federal government has announced a new $2-billion program to help homeowners across Canada, including Newfoundland and Labrador, switch to more energy-efficient heating systems.
Under the new National Heat Pump Rebate Program, eligible homeowners could receive:
πΉ Up to $10,000 for households earning below the median income.
πΉ $2,000 for other eligible homeowners.
The program is expected to help as many as 820,000 households over the next eight years.
According to Ottawa, households switching from oil, propane or electric resistance heating could save an average of more than $1,400 annually on heating costs.
Homeowners in Newfoundland and Labrador who currently use electric baseboard heaters may also qualify.
The program is expected to launch in early 2027, with further details on eligibility and applications to be announced.
Would a rebate of up to $10,000 convince you to install a heat pump in your home?