What Home Renovation Savings pays for a heat pump in Toronto
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.
Toronto HELP loan
A City loan for energy upgrades. Current rates were not re-verified.
Toronto: 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.
Which Toronto homes the stream accepts
The 2021 Census counts 1,160,895 households in Toronto. Only about 35% live in a single detached, semi-detached or row home, and 52% own. The requirements document also lets an individual unit in a stacked townhome, duplex or triplex apply, if it has its own heating system and meter, and Toronto has 46,465 households in duplexes. The program's web page lists only the narrower house types, so confirm with the program before relying on that. Apartments in towers (47% of households) are out.
The rate depends on what you burn now
The rebate follows the heating fuel before the heat pump goes in. A Toronto home on an Enbridge gas furnace gets $500 per ton, capped at $2,000, which a 4-ton system reaches. A home with electric baseboards gets $1,250 per ton up to $7,500. If you rent the heat pump instead of buying it, the rate is $500 per ton for any fuel. Check which category you are in before comparing quotes.
Replacing an existing heat pump does not count
A home that already uses a heat pump for space heating is not eligible. Replacing an old heat pump with a newer one earns nothing under this stream. A home with an air conditioner only is a different case, because a cooling-only unit is not a heat pump used for space heating, so ask the program how your system is classed.
HELP loan
Toronto's Home Energy Loan Program lets owners repay an upgrade on the property tax bill. A heat pump is the sort of project it is built for, and the rebate arrives by cheque within 60 days of approval. We have not re-verified the current rate, so confirm it on the City's page.
Sizing: the program checks it
For electric, oil and wood homes, only NRCan sizing options C and D qualify, which means the heat pump supplies most or all of the heating. Your contractor must submit NRCan's sizing and selection form for each outdoor unit. Ask to see it before you sign, because a system sized mainly for cooling will not pass.
How to claim in Toronto
- Find out what your main heat is today: gas, electric resistance, oil, propane or wood.
- 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 Toronto gas homes qualify?
Yes, at $500 per ton, up to $2,000.
How much can an electric-heated home get?
$1,250 per ton, up to $7,500.
Can I replace an existing heat pump?
No.
Is pre-approval needed?
Yes, written approval before the install.
What to do next
See Toronto 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, City of Toronto Home Energy Loan Program, Statistics Canada 2021 Census, table 98-10-0233-01. All Toronto rebates → Every Home Renovation Savings rebate →
