Heat Pump Savings Calculator for Canadian Homes

At Harry’s Home Comfort, we help Ontario residents discover just how much they could save with energy-efficient heat pumps — one of the most affordable and eco-friendly ways to heat and cool your home.

Use our interactive heat pump savings calculator to compare your current heating costs to efficient cold-climate heat pumps. Get estimates on energy savings, emissions reductions, and potential rebates based on your region.

Our data is based on current rates and climate information as of 2023, with assumptions tailored for homes across Ontario and more.

Why Heat Pumps Are a Smart Choice in Canada

• Energy Efficiency: Cut heating energy use by up to 50% compared to electric baseboards or gas furnaces.
• Dual-Function: Heat in winter, cool in summer — with one system.
• Climate Adaptability: Designed for Canadian winters, including cold-climate heat pump models.
• Lower Utility Bills: Save monthly and annually, especially with available rebates and grants.

How the Heat Pump Calculator Works

Input your average monthly heating bill, current heating system type (gas, oil, electric, etc.), and your home’s square footage. Our tool then estimates:

• Annual energy savings
• Greenhouse gas emission reductions
• Eligible government rebates
• Estimated return on investment over 10 years

Updated Heat Pump Rebates and Incentives (2025)

Canadian homeowners may qualify for significant rebates when upgrading to a heat pump system. Here’s a breakdown by region:

• Ontario: Enbridge’s HER+ program offers up to $7,100 in rebates.
• BC: Save up to $6,000 with CleanBC and BC Hydro programs.
• Nova Scotia, PEI, and NB: Up to 100% coverage on cold-climate ductless heat pumps for low- and mid-income households.

Rebate availability depends on your home, income level, and existing heating system. Our calculator helps you estimate eligibility based on your inputs.