Affordable Heat Pump Financial Aid Programs

By Editorial Team

Updated on July 31, 2026

Heat pump unit next to a piggy bank with coins, symbolizing energy savings and financial incentives

Did you know you can get a grant for purchasing a heat pump in Canada?Which programs offer the best financial support? Are you eligible for financial assistance to help lower your costs? To encourage energy-efficient homes and reduce greenhouse gas emissions, both the federal and provincial governments have set up several funding programs.

A heat pump not only acts as an air conditioner in the summer and a heating system in the winter, but it can also help homeowners achieve substantial long-term energy savings. However, the upfront cost of purchasing a heat pump can be a barrier for many households. That’s why this article outlines the most accessible grants and the conditions you must meet to benefit from them.

Central or ductless heat pump: how to reduce the cost?

wall-mounted or central heat pump financial plans

Source: Canva

LogisVert: Valuable Financial Support for Your Heat Pump

Launched by Hydro-Québec, the LogisVert program helps Quebec homeowners with their energy transition by offering generous subsidies for the installation of high-efficiency heat pumps.

For an eligible heat pump system, you could receive up to $6,700 in baseline financial assistance. That total can even climb to $7,840 if you combine a very high-efficiency model with roof insulation and caulking work to take advantage of the program's multi-measure bonus. This financial boost is a great way to improve your home’s comfort while lowering your energy bills.    

If you install a central heat pump combined with an electric thermal storage (ETS) system—an ultra-efficient setup that shifts energy demand away from peak hours—you may qualify for a massive $22,000 in financial assistance.  

To apply, simply create an account on the LogisVert portal and submit the required documentation within nine months following the installation date of your equipment.  

Important note regarding the low-income stream: > The financial amounts listed above apply to the regular LogisVert rebate stream (accessible to all homeowners). If you are looking for the 100% free heat pump stream for low-income households (formerly tied to the Éconologis program), please note that new applications for this specific stream are fully suspended for the 2026–2027 season due to an overwhelming volume of over 30,000 requests. The regular LogisVert rebate program remains fully active and accessible.  

For more information, check out our full article on the LogisVert Grant.

Canada Greener Homes Loan

The Canada Greener Homes Loan was a flagship government-backed financing solution designed to encourage eco-friendly renovations. It allowed homeowners to access an interest-free loan from $5,000 up to $40,000, repayable over 10 years, with heat pump installations being a top eligible project.

Important Update: The program officially stopped accepting new loan applications on March 31, 2026, due to the full allocation of its budget. If you secured a conditional approval before this date, your loan is locked in, and you can safely proceed with your installation and post-retrofit energy assessment. If you missed the deadline, you will need to look to provincial programs like Hydro-Québec's LogisVert or Rénoclimat for financial support.

Learn more: The Canada Greener Homes Loan: What Is There to Know?

Grant for Switching from Oil Heating to Heat Pump

The Oil to Heat Pump Affordability Program (OHPA) is a Canadian initiative aimed at helping low-to-median-income homeowners replace fossil fuel heating systems with greener, high-performance alternatives. Under this program, you could qualify for an upfront grant of up to $10,000, which covers:  

  • The full removal of your existing oil heating system (tank, lines, etc.)

  • The purchase and installation of an eligible energy-efficient heat pump.

Important - Final Deadline: The clock is ticking! The federal government will permanently close the OHPA program to new applicants on July 31, 2026. If your home is still heated by oil, you must submit your application immediately to secure your grant.  

Learn more: OHPA Program - What Are Suitable Alternatives to Oil Heating?

Other Grants in Quebec and Across Canada

Wall-mounted or central heat pump financial plans

Source: Canva

Chauffez Vert Grant

The Chauffez Vert program, introduced by the Quebec government, long supported households transitioning to greener heating systems. Since this type of conversion can involve a significant investment, the program offered financial aid to make it more accessible.

The grant, worth up to $1,275, was available to homeowners who replaced their oil- or propane-fuelled heating systems with an electric system.

Important Update: This program officially closed to new applications on March 31, 2026. If you are currently planning to upgrade your heating system or install a heat pump, you must now apply through active alternatives such as Hydro-Québec’s LogisVert program (which offers up to $6,700) or the provincial Rénoclimat framework.

For more details, visit our article: Everything to Know About the Chauffez Vert Program.

Rénoclimat

The Rénoclimat program encourages homeowners to reduce their home’s energy consumption. It begins with a home visit from an energy advisor who conducts a mandatory pre-retrofit energy audit. Based on the evaluation report, you'll learn which improvements—such as insulation, airtightness work, or replacing doors and windows—are recommended to enhance your home’s energy performance. You must register for the program and schedule the advisor’s visit before beginning any envelope modifications.

Important Note on Heat Pumps: Please note that the Rénoclimat program no longer administers grants or eligibility lists for standard heat pumps. This component has been fully centralized under Hydro-Québec’s LogisVert program. However, you can perfectly pair both initiatives: use Rénoclimat to fund your home's insulation upgrades and LogisVert to discount your new heat pump!

For more information, read: Home Renovation Grants in Quebec: The Rénoclimat Program.

Novoclimat

The Novoclimat program provides financial support for the construction of new homes with high energy efficiency, certified under Novoclimat standards. The grant is awarded to both the contractor and the buyer for single-family homes, or directly to the developer for multi-unit buildings.

Important Note: As of March 1, 2024, for Novoclimat, and May 1, 2024, for Rénoclimat, the installation of a standard air-source heat pump no longer qualifies for financial assistance directly through these programs. Instead, buyers and builders must claim their heat pump rebates through Hydro-Québec’s centralized LogisVert program.

How to get a heat pump grant?

wall-mounted and central heat pump financial plans

Source: Canva

To receive a grant for installing a home heat pump, you’ll need to submit an application along with supporting documents (like detailed invoices and proof of homeownership). Requirements vary depending on the specific program, but before applying, you must ensure you meet the baseline criteria.

Here are a few general eligibility conditions commonly required in Quebec:

  • Eligible Property: The home must be located in Quebec, habitable year-round, and use electricity as its primary heating source (or fossil fuels if you are using a conversion program). Note: Unlike past programs, many modern grants now accept cottages and rental properties.

  • Certified Equipment: The installed unit must be a true heat pump system (not just a standard air conditioner) and must be featured on the program’s official list of eligible energy-efficient models at the time of purchase.

  • Professional Installation: The system must be fully supplied and installed by a certified professional holding valid trade licenses (such as a valid RBQ license in Quebec). Self-installations are not eligible for financial aid.

Financial Assistance to Make Heat Pumps More Accessible

Affordable heat pump financing programs offer an excellent opportunity for homeowners to enhance comfort without having to bear steep upfront costs. They encourage the adoption of greener, more economical technologies and contribute to a more energy-efficient future. Plus, they have a direct positive impact on heating and cooling costs for Canadian households.

F.A.Q. sur les subventions pour thermopompes

Quels programmes offrent des subventions pour thermopompes au Québec ?

Plusieurs programmes gouvernementaux offrent des aides financières, dont LogisVert, Chauffez Vert, Rénoclimat et Novoclimat. Le prêt canadien pour des maisons plus vertes et le programme de transition du mazout sont aussi disponibles.

Combien peut-on recevoir avec le programme LogisVert ?

Jusqu’à 6 700 $ pour une thermopompe murale admissible, ou 7 840 $ avec des travaux d'étanchéité. Une thermopompe centrale avec système de stockage thermique peut donner droit à 22 000 $.

Quelle est la différence entre subvention et prêt vert ?

Les subventions (ex. LogisVert, OHPA) sont des aides non remboursables. Le prêt canadien pour des maisons plus vertes est un prêt sans intérêt, remboursable sur 10 ans.

Peut-on cumuler plusieurs aides pour une thermopompe ?

Dans certains cas, oui. Par exemple, une subvention LogisVert peut être combinée avec le prêt fédéral, si vous respectez les critères d’admissibilité de chaque programme.

Comment savoir si ma thermopompe est admissible ?

Votre équipement doit apparaître sur la liste officielle des produits admissibles du programme choisi. Une évaluation énergétique préalable est souvent requise.

Les thermopompes sont-elles encore admissibles au programme Novoclimat ?

Non. Depuis le 1er mars 2024 (Novoclimat) et le 1er mai 2024 (Rénoclimat), les thermopompes aérothermiques ne sont plus admissibles aux subventions.


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