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Oil to Heat Pump Affordability Program:

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Value

receive an upfront payment of up to $10,000

Description

The Oil to Heat Pump Affordability Program helps Canadian homeowners who are currently heating their homes with oil to transition to electric cold climate air source heat pumps. Making the switch can help you save thousands of dollars on your heating bills every year and help reduce greenhouse gas emissions.

Eligible Applicants

Only one homeowner per home can apply. Before you apply, ensure you qualify:

  • your household income must qualify as median or below, after taxes defined by Statistics Canada (varies by province)
  • your home is an eligible property type
  • you are a primary resident and owner of your home
  • you heat your home with oil
  • you have recent receipts for the purchase of at least 1,000 litres of heating oil to heat your home in the past 12 months leading up to the time of application
  • you have not already received money for a heat pump as part of the Canada Greener Homes Grant or Loan
  • you are able to complete the work within 6 months of receiving the upfront payment
  • your home is connected to a North American electricity grid (Off-grid houses are not eligible)

Eligible Expenses

  • Up to $10,000
    For the purchase and installation of eligible cold climate air source heat pump systems, and any of the following associated eligible measures related to its installation:

    • Necessary electrical and mechanical upgrades to your home for the new cold climate air source heat pump
    • The safe removal of your oil tank.
    • Installation of a back-up electric heating system (as required).
    • Switching over other oil-using household systems, such as a hot water heater (where necessary).
  • Upfront payment:
    Following the approval of your application, you will receive a cheque. In most cases this means you will receive your funds in advance of having to pay for any of the related costs.

    • The funding can be combined with additional financial assistance from other existing federal, provincial, territorial, and utility programs.

Deadline Date

Ongoing.

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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