Are There Rebates for Heat Pumps?

Homeowner reviewing heat pump rebate options with an HVAC professional, showing an energy-efficient heat pump installation and government incentive considerations

Yes. Homeowners in Mississauga can access up to $7,500 in heat pump rebates through the

Home Renovation Savings Program, though your exact payout depends entirely on your current heating fuel and equipment choice.

Your Current Heating SourcePotential Rebate (Air-Source)Program Details
Electric, Oil, Propane, or WoodUp to $7,500 ($1,250/ton)Highest incentive tier; designed to offset the cost of moving away from high-carbon/high-cost heating.
Natural Gas (Enbridge)Up to $2,000 ($500/ton)Must be an Enbridge Gas customer; often applied to hybrid setups (heat pump paired with a backup furnace).
Ground-Source (Geothermal)Up to $12,000Maximum payout for non-gas homes; natural gas homes receive a flat $3,000.

What Determines Your Eligibility?

  • Existing System: Switching from electric baseboards or oil unlocks substantially higher rebates than switching from an existing natural gas furnace.
  • Equipment Rating: The new unit must be a certified cold-climate model listed on the official qualifying products list. Standard-efficiency units do not qualify, so check the model number on your heat pump installation quote before you sign anything.
  • Pre-Approval: You must secure pre-approval before any installation begins. Installing the unit first and applying later will result in an automatically rejected rebate.
  • Energy Audit: Unlike past programs (such as the now-closed Canada Greener Homes grant), the current heat pump rebate does not require a pre- or post-installation home energy audit.

How the Application Process Works

The fine print can be a headache, which is why the paperwork should be handled directly by your registered HVAC contractor. They will conduct an in-home inspection to check whether your ducts can handle the airflow, determine the correct unit capacity, and submit the pre-installation approval forms on your behalf. You should always receive a firm, written estimate showing exactly what you qualify for before any work begins.

Book a free in-home assessment and we will confirm which rebate tier your home falls into before anything gets ordered.

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