City guide · All cities · Ontario

Heat pump rebates in Toronto

Last checked 2026-11-01

Short answer: Toronto homeowners can get the federal National Heat Pump Rebate: $2,000, or up to $10,000 if after-tax household income is at or below the Ontario threshold ($46,981 for one person, $146,217 for a family of four). Ontario also has provincial offers, and there's a local programme to check.

What's different about Toronto

Toronto has older semis and row houses where ductless or slim-ducted systems often fit better than a full ducted retrofit, and the City runs its own financing.

Southern Ontario has cold winters with frequent thaws and hot, humid summers, a climate where a cold-climate heat pump can cover most of the heating season and replace an air conditioner.

Your utilities

• Electricity: Toronto Hydro.
• Natural gas: Enbridge Gas.

Service areas don't follow city limits exactly, so check the name on your bill. Utility rebates usually depend on who supplies you.

Federal rebate: Ontario income thresholds

2025 dollars. Source: Canada.ca, 1 Nov 2026. Check your household.

Ontario programmes

• Home Renovation Savings: cold-climate air-source heat pump (electric, oil, propane or wood-heated homes): $1,250 per ton, up to $7,500. Official page
• Home Renovation Savings: ground-source heat pump (electric, oil, propane or wood-heated homes): $2,000 per ton, up to $12,000. Official page
• Home Renovation Savings: Enbridge natural gas customers: Cold-climate air-source $500 per ton up to $2,000; ground-source $3,000. Official page

Full Ontario guide

Toronto programmes

• Home Energy Loan Program (HELP): Loans up to $125,000 (or 10% of assessed value), repaid on your property tax bill; heat pump projects get up to a 20-year term. 2026 fixed rates 3.83% to 5.12% plus a 2% admin charge. Heat-pump-only projects no longer need an EnerGuide assessment. Source
• Furnace Upgrade Program (reported, not yet confirmed by us): Low-cost financing plus a $2,000 rebate through a provincial partnership, per the Mayor's 2026 budget release. Check details with the City. Source

Steps for Toronto homeowners

1. Get 2–3 quotes from HVAC contractors. Ask for the model's AHRI number and confirm it's on the eligible list.
2. Check provincial and local rules before signing. Some need pre-approval or a programme-registered contractor.
3. Install on or after 1 Nov 2026, keep the five receipt details, and apply when the portal opens in early 2027.

FAQ

What income qualifies for the $10,000 heat pump rebate in Toronto?

Toronto uses the Ontario thresholds: after-tax household income at or below $46,981 for 1 person, $92,884 for 2, $119,850 for 3, $146,217 for 4 and $158,202 for 5 or more (2025 dollars). Above that, the rebate is $2,000.

Can I install a heat pump in Toronto now and still get the federal rebate?

Yes, if it's installed on or after 1 November 2026 by an HVAC contractor, the model is on the eligible list, and you keep receipts. Applications open in early 2027.

Can I combine the federal rebate with Ontario programmes?

Often yes, but each programme sets its own stacking rules. Check the provincial programme terms before you sign a contract.

Does Toronto have its own heat pump programme?

Home Energy Loan Program (HELP): Loans up to $125,000 (or 10% of assessed value), repaid on your property tax bill; heat pump projects get up to a 20-year term. 2026 fixed rates 3.83% to 5.12% plus a 2% admin charge. Heat-pump-only projects no longer need an EnerGuide assessment. Furnace Upgrade Program: Low-cost financing plus a $2,000 rebate through a provincial partnership, per the Mayor's 2026 budget release. Check details with the City. Confirm on the official page.