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A heat pump costs more to install than an electric furnace: $8,000 to $15,000 (Soumission Rénovation, March 2026, installer estimate) vs $2,000 to $5,000 (Soumission Rénovation, Sept 2026, installer estimate). In Québec, LogisVert pays toward the heat pump, not the electric furnace: $120 per 1,000 BTU/h at -8°C (advertised up to $6,700) for an ENERGY STAR Cold Climate model in a home whose main heating is electric. The federal National Heat Pump Rebate ($2,000, or up to $10,000 for households below the median income) was announced on October 8, 2026 but isn't open yet.
Key facts
| Heat pump | Electric furnace | |
|---|---|---|
| Typical installed cost | $8,000 to $15,000 (Soumission Rénovation, March 2026, installer estimate) | $2,000 to $5,000 (Soumission Rénovation, Sept 2026, installer estimate) |
| Heats and cools | Yes, one system does both | Heats only; AC is separate |
| Rebates in Québec | 7 current programs on file | Énergir Dual-Energy Grants (heat pump added to a natural gas system) |
| Federal rebate | $2,000, or up to $10,000 for households below the median income (not open yet) | None |
| Running costs | Depends on your rates; ask for an estimate | Gas and delivery charges, plus electricity for AC |
| Main downside | Higher upfront cost; output drops in deep cold | No cooling, and few or no rebates |
Heat pump vs electric furnace in Québec: installed costs from named sources, rebates from our program database
Program data last verified
RebateHub, “Heat pump vs electric furnace in Québec: cost and LogisVert”, https://rebatehub.ca/compare/heat-pump-vs-furnace-quebec#key-facts (last verified October 19, 2026).
Add up your heat pump rebates
Pick how your home is heated now. The receipt adds up every open program in Québec, with the federal rebate on its own line until it opens.
Your rebate stack
Québec · Heat pumps
2 programs
Could add up to
if you qualify for each program
$14,000
+ $2,000 when the National Heat Pump Rebate opens
Verified against official sources ·
How it adds up
- National Heat Pump Rebate+ $2,000
Cold-climate air-source heat pump (other eligible homeowners) · Rebate · Not open yet · not in the total
Heat pump added to a natural gas forced-air system (single-family home or condo) · Grant
- LogisVert Efficient Homes Programup to $6,700
Air-source heat pump (ENERGY STAR Cold Climate) · Rebate
- Programme de remplacement de systèmes de chauffage au mazout – Oil Heating Replacement Programup to $3,500
Oil furnace or boiler replaced with all-electric heating (e.g. heat pump or electric furnace) · Grant · Gatineau only
LogisVert top-up (e.g. heat pump) · Grant · Repentigny only
Grant · Montréal only
Rebate · Laval only
- Programme d'amélioration de l'isolation (PAI) – Rénoclimat Top-Up near the Saint-Hubert AirportVaries
Grant · Longueuil only
Program maximums for an air-source heat pump. Ground-source systems can get more. Your amount depends on your home and the equipment. City-only programs aren’t counted in the total.
1 income-qualified program hidden.
Upfront cost
These are typical installed prices before rebates and tax. Québec figures come first; installer estimates are labelled.
| System | Typical installed cost | Source |
|---|---|---|
| Central (ducted) heat pump, Québec | $8,000 to $15,000 | Soumission Rénovation, March 2026 (installer estimate) |
| Central heat pump with electric backup, Québec | $8,000 to $12,000 | Soumission Rénovation, Sept 2026 (installer estimate) |
| Wall-mounted heat pump, one head, Québec | $2,000 to $9,000 | Soumission Rénovation, March 2026 (installer estimate) |
| Electric furnace, Québec | $2,000 to $5,000 | Soumission Rénovation, Sept 2026 (installer estimate) |
Typical installed costs, heat pump vs electric furnace
Typical ranges before rebates and tax, not quotes. Your price depends on the home, the ductwork and the equipment. Ask for at least two written quotes.
A heat pump replaces both the furnace and the air conditioner, so compare it with the price of both if you would replace your AC too. Put your own quote into the rebate finder to see what you'd pay after rebates.
Rebates in Québec: heat pump vs furnace
In Québec, LogisVert pays toward the heat pump, not the electric furnace: $120 per 1,000 BTU/h at -8°C (advertised up to $6,700) for an ENERGY STAR Cold Climate model in a home whose main heating is electric. The federal National Heat Pump Rebate ($2,000, or up to $10,000 for households below the median income) was announced on October 8, 2026 but isn't open yet.
- Last verified October 12, 2026OpenFederalCanada-wide
Canada Greener Homes Affordability Program
Federally funded, no-cost home energy upgrades for low- and median-income homeowners and tenants. You apply through your province's or utility's partner program, not through Ottawa.
Upgrades at no cost to eligible households
Free upgrade - Last verified October 12, 2026OpenUtilityQuébec
LogisVert Efficient Homes Program
Hydro-Québec's main home-efficiency program pays grants for heat pumps, geothermal systems, electric thermal storage, roof insulation with air sealing, and a few efficient appliances.
$22,000
max rebate
Rebate - Last verified October 19, 2026OpenUtilityQuébec
Énergir Dual-Energy Grants (heat pump added to a natural gas system)
Énergir natural gas customers who switch to Hydro-Québec's dual-energy rate for at least 10 years can get up to $7,300 for adding a heat pump to a gas forced-air system, or up to $11,900 for adding an electric boiler and an electrical upgrade to a gas hot-water system (single-family home or condo).
$11,900
max grant
Grant - Last verified October 12, 2026OpenMunicipalMontréal
RénoPlex – Renovation Subsidies for Buildings with 1 to 5 Dwellings
Montréal pays fixed amounts per item of renovation work, such as windows, doors, insulation, oil-heating replacement and envelope repairs, on modestly valued buildings of 1 to 5 units, plus a flood-protection stream.
$52,000
max grant
Grant - Last verified October 19, 2026OpenMunicipalLaval
Laval Oil Heating Replacement Subsidy
Laval pays up to $2,000 to replace an oil-fired heating system in a single-family home with electric or renewable heating, and up to $900 per unit in buildings of up to 30 units. Work must be done by December 31, 2026.
$18,000
max rebate per unit
Rebate - Last verified October 12, 2026OpenMunicipalGatineau
Programme de remplacement de systèmes de chauffage au mazout – Oil Heating Replacement Program
Gatineau covers 75% of the cost, up to $3,500 per building, to replace an oil furnace or boiler with an all-electric heating system in residential buildings of up to 20 units. Applications are being accepted again, first come, first served.
$3,500
max grant per building
Grant
For a new gas furnace, Énergir Dual-Energy Grants (heat pump added to a natural gas system) pays Up to $4,100 (Electric boiler added to a natural gas hot-water system (single-family home or condo)). See every furnace and boiler program in Québec.
Running costs
Running costs
We don’t have a neutral figure for your fuel yet. Ask your installer for a running-cost estimate with your quote.
Running costs swing with gas and electricity prices, your home's insulation and how cold your winters get. Air sealing and insulation lower both bills: see insulation rebates.
Which one should you choose?
- Choose a heat pump if you also want cooling, your AC is old too, or your home is heated by electricity, oil or propane. Those homes usually get the biggest rebates.
- Choose a furnace if your ducts and gas line are in place, you need the lowest upfront price this week, and no heat pump rebate applies to you.
- Choose both (dual fuel) if you want a backup for the coldest days. See dual fuel vs all electric.
Can you use both?
Yes. A heat pump can be added to an existing gas furnace, which then runs only when it's very cold. Rules on keeping a furnace differ by program, so read the rules on the program page before you book. If your furnace has failed, the furnace-died guide covers the order to do things in so you don't lose a rebate.
Honest downsides of each
Heat pump: costs more upfront, its output falls as the temperature drops (most rebate programs require a cold-climate model for that reason), and an older electrical panel may need an upgrade. Rebates often require a registered or participating installer and, for some programs, approval before installation.
Electric furnace: heats only, so you still need an air conditioner for summer. Almost no program pays for one, and an electric furnace turns each kilowatt-hour into the same amount of heat, while a heat pump moves more heat than it uses.
Frequently asked questions
Sources
Last updated . Amounts and rules come from the official program pages below. If something has changed, please tell us.
- 1LogisVert Efficient Homes Program · Hydro-Québechydroquebec.com
- 2National Heat Pump Rebate · Government of Canadacanada.ca
- 3RénoPlex – Renovation Subsidies for Buildings with 1 to 5 Dwellings · City of Montréalmontreal.ca
- 4Énergir Dual-Energy Grants (heat pump added to a natural gas system) · Énergir, with Hydro-Québec and the Government of Québecenergir.com