Ottawa announces discounts of up to $10,000 for the purchase of a heat pump

Ottawa announces discounts of up to $10,000 for the purchase of a heat pump

The federal government is planning to offer rebates of up to $10,000 for households wishing to have a heat pump installed in their home.

Premier Mark Carney announced the launch of a $2 billion, eight-year National Heat Pump Rebate Program. Ottawa aims to help approximately 820,000 Canadian households adopt a more energy-efficient heating system.

Under the terms announced, households with incomes below the median could receive up to $10,000. Other households would receive a $2,000 rebate; however, specific income thresholds are still to be determined.

The program is expected to come into effect in 2027. The possibility of making remittances retroactive is also being considered, but formal arrangements are yet to be confirmed.

In Quebec, this federal assistance could be added to certain subsidies already offered by Hydro-Québec under the LogisVert program. However, the conditions for combining different forms of financial assistance must be specified.

According to Ottawa, replacing an old heating system with a heat pump could allow some households to significantly reduce their energy costs.

This includes selecting an eligible device and applying online. However, it is recommended to wait until the official rules are confirmed before undertaking any work with this new remittance.