Rebate & Savings Estimator
Heating type + income → rebate tier and annual savings.
By Scheme Tools Editorial Team · Last updated: 2026-10-10
Heat Pump Rebate — Savings Estimator
Announced October 8, 2026: up to $10,000 toward a heat pump. Estimate your rebate + savings.
🆕 Just announced — applications open early 2027. Income-threshold details are still TBA. Sign up for updates via the official canada.ca page.
Estimated rebateup to $10,000
Estimated annual heating savings$1,400/yr
Payback after rebate (illustrative)~6 years
Illustrative estimates. Average savings of $1,400/yr are for oil/propane/baseboard switchers (government figure). No energy audit required. One rebate per person. Details: canada.ca (Oct 8, 2026 announcement).