What Home Renovation Savings pays for a heat pump in Peterborough
We re-read the program's heat pump page and its requirements document on October 3, 2026. No home energy assessment is needed for this stream, but a participating HVAC contractor and written pre-approval are.
Air-source, electric, oil, propane or wood heat
For a cold-climate air-source heat pump replacing electric resistance, oil, propane or wood as the main heat. A 3-ton system pays $3,750 and 6 tons or more reaches the cap.
Air-source, Enbridge gas heat
For homes primarily heated by an Enbridge gas furnace or boiler. The cap is reached at 4 tons.
Ground-source
For electric, oil, propane or wood homes. Gas homes get a flat $3,000. The system must be a full installation sized to the home's load.
Rented heat pump
Rentals are eligible for any primary heating fuel: $500 per ton for air-source, up to $2,000, or a flat $3,000 for ground-source.
More than one outdoor unit
If several outdoor units are needed to heat the whole home, their tons add up and one rebate is paid on the total, for example 3 + 3 tons for $7,500.
One rebate, pre-approved
One rebate per home. The contractor needs written pre-approval before installing, files the post-installation application within 30 days, and the cheque arrives within 60 days of approval.
Peterborough: Federal heat pump rebate coming in early 2027: up to $10,000 for households below the median income and $2,000 for other eligible homeowners. Home Renovation Savings pays now, and Ottawa says the federal rebate can be combined with provincial programs. Read what is confirmed or decide whether to wait.
Canada’s new heat pump rebate is worth up to $10,000. Get an email the day it opens
Ottawa says you can add it on top of provincial rebates like the ones on this page.
- Up to $10,000
- if your household earns below the median income
- $2,000
- for other homeowners who qualify
Stack it with the Ontario rebate open today
Ottawa says you can combine them. Each program has its own rules. Amounts are the most you can get.
Applications open early 2027
Join the launch alert
- Launch-day email, with what to do first
- Who qualifies for the $10,000, once Ottawa says
- A short hello now, so you know it worked
Know someone with old heating? Send them this.
Only emails about this rebate. No spam, no sales calls. Unsubscribe anytime.
How Ottawa says it will work (plans, not final rules)
- Apply online when your heating breaks or gets old
- Approved in 24 hours no home energy audit needed
- Payment approved in 5 days sent by direct deposit after you upload receipts
Read everything we know so far Official page: canada.ca
The requirements document lists no end date, but the program's other streams close in late 2026, so check the program page before you sign a contract. Pre-approval is mandatory: an installation done first earns nothing.
Peterborough homes
The 2021 Census counts 11,240 owner-occupied detached houses built before 1981, 68% of households in an eligible type and 59% owning. 6.1% report needing major repairs. 18% live in low-rise apartments and 2,570 in duplexes.
Oil and propane homes
An oil-heated home must move to an electric heat pump and arrange tank removal or emptying with a TSSA-registered contractor, and sign the tank removal attestation form. Propane homes also sign it. Both then get $1,250 per ton up to $7,500. Propane homes may use sizing options A to D, oil homes C and D.
What the program checks
Cold-climate performance is verified through the NRCan list. With a January low of -11.4°C and a record of -31.2°C, ask the contractor for the model's output at -20°C and for the backup plan. The program's own minimum is performance at -15°C.
Existing systems and ductwork
Older houses may have radiators, baseboards or old ducts. The heat pump must heat the whole conditioned space, including the basement. Ask whether the quote uses existing ducts, new ducts or ductless heads.
Payment, timing and approval
Nothing can be installed before the program approves the pre-installation application in writing. After the post-installation application is approved, the cheque arrives within 60 days. A Peterborough owner counting on the rebate for cash flow should plan for the full gap between final payment to the contractor and the cheque.
Minimum efficiency numbers
The program requires HSPF2 of at least 6.6 for Region V, SEER2 of at least 15.2 and variable capacity with three or more speeds. Ask the contractor for the NRCan listing page for the exact model, and confirm its status is active on the day you sign.
How to claim in Peterborough
- Decide whether you are replacing oil, propane, baseboards, wood or gas.
- Confirm eligibility on the program's short form and get the list of participating HVAC contractors.
- Choose a contractor from that list. Ask for a load calculation and the NRCan sizing tool form for each outdoor unit.
- Wait for written pre-approval before any installation starts.
- After the install, check that the contractor files the post-installation application within 30 days, with the final itemized invoice and photos.
Common questions
Do propane homes sign anything?
Yes, the oil and propane tank removal attestation form.
Which sizing options apply to oil homes?
C and D.
What is the performance minimum?
70% of rated capacity at -15 degrees Celsius.
Must the heat pump heat the basement?
Yes, if there is one.
What to do next
See Peterborough insulation rebates and the Ontario rebate calculator.
By Sam Menard. Sources, last read October 9, 2026: Home Renovation Savings: heat pumps, Heat Pump Program Stream requirements (PDF), Save on Energy: Home Renovation Savings, Statistics Canada 2021 Census, table 98-10-0233-01. All Peterborough rebates → Every Home Renovation Savings rebate →
