Prince Edward Island home energy rebates
10 home energy programs are open in Prince Edward Island right now, and 1 more is announced: 5 run by the province, and 6 federal. No province-wide program in Prince Edward Island pays for heat pumps right now. The federal National Heat Pump Rebate will pay $2,000, or up to $10,000 for households below the median income, once it opens (no launch date yet).
PEI's heat pump incentives have shifted toward income-qualified and free-installation programs, and some general rebates closed in 2026. This page separates what's open from what's ended, so you can see which efficiencyPEI and federal offers still apply to your home.
Programs last verified
Prince Edward Island at a glance
- Open programs
- 10 open programs, plus 1 announced (5 run in Prince Edward Island, the rest federal)
- Largest single amount
- Up to $10,000 CAD (2026) from National Heat Pump Rebate
- Closing in the next 60 days
- None with a published deadline
- Last verified
What an air-source heat pump can get in Prince Edward Island
Every rebate you could combine for an air-source heat pump, if you qualify for each. Each program has its own rules about equipment, contractors and pre-approval, so treat this as the most you could get, not a quote.
Heat pump rebates in Prince Edward IslandHeat pump · Prince Edward Island
As of October 17, 2026
| Program | Up to |
|---|---|
| No rebates or grants that every household can claim are listed for this yet. | |
| Open today, up toProgram maximums for an air-source heat pump if you qualify for each. Loans and city-only programs aren’t added. | $0 |
| When the National Heat Pump Rebate opens (not open yet) | + $2,000 |
Rebates by upgrade
Pick the work you’re planning to see every program that pays for it in Prince Edward Island, and how they stack.
- Heat pumps2 current programs
- Insulation4 current programs
- Windows & doors3 current programsopen today, up to$1,000
- Air sealing5 current programsopen today, up to$575
- Energy audits1 current program
- Furnaces & boilers1 current programopen today, up to$2,000
- Loans & financing2 current programs
- Free upgrades4 current programs
Every current program in Prince Edward Island
10 open programs and 1 announced, grouped by who runs them.
Prince Edward Island programs
Run by the provincial or territorial government or its energy agency.
5 programs
- Last verified October 11, 2026OpenProvincial
Energy Efficiency Loan Program
Homeowners pre-approved under PEI's home insulation rebates can borrow up to $10,000 from Finance PEI to cover the upfront cost of envelope upgrades.
$10,000
max loan
Loan - Last verified October 11, 2026OpenProvincial
Heating Rebates for Biomass, Firewood and Wood Pellets
PEI still offers rebates on qualifying wood and pellet stoves, furnaces and boilers, and a 10% rebate on firewood and wood pellet purchases.
$2,000
max rebate
Up to $3,500 if income-qualified
Rebate - Last verified October 11, 2026OpenProvincial
Free Home Insulation Program
Income-qualified Island homeowners can have insulation upgrades done at no cost, with materials, contractors and guidance covered by the province and the federal government.
Free
Free upgrade - Last verified October 12, 2026OpenProvincial
Home Insulation Rebates
Island homeowners and landlords who get a subsidized $99 EnerGuide assessment can claim rebates for insulation, air sealing and ENERGY STAR windows and doors, with higher rates for households earning $35,000 or less.
Varies
Rebate - Last verified October 11, 2026OpenProvincial
Winter Warming Program
Low- to moderate-income Islanders, including tenants, can get free air sealing and other small efficiency upgrades through efficiencyPEI.
Free
Free upgrade
Federal programs
Run by the Government of Canada. These apply in every province and territory.
6 programs
- Last verified October 12, 2026OpenFederal
Multigenerational Home Renovation Tax Credit
A refundable federal tax credit worth up to $7,000 for 2026 ($7,250 for 2025) for building a self-contained secondary unit so a senior or an adult with a disability can live with a relative.
$7,000
max credit
Tax credit - Last verified October 12, 2026OpenFederal
Electric Vehicle Affordability Program
A point-of-sale discount of up to $5,000 on a new battery-electric or fuel-cell vehicle (up to $2,500 for plug-in hybrids), applied by the dealer. Amounts drop starting in 2027.
$5,000
max discount
Instant discount - Last verified October 12, 2026OpenFederal
Home Accessibility Tax Credit
A non-refundable federal tax credit on up to $20,000 a year of renovations that make a home safer or more accessible for a senior or a person with a disability, worth up to $2,800 for 2026 ($2,900 for 2025).
$2,800
max credit
Tax credit - Last verified October 12, 2026OpenFederal
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.
Free
Free upgrade - Last verified October 12, 2026OpenFederal
CMHC Eco Plus
A 25% refund of your CMHC mortgage insurance premium when you buy a newly built, energy-efficient home with a CMHC-insured mortgage.
Varies
Rebate - Last verified October 12, 2026UpcomingFederal
National Heat Pump Rebate
A new federal rebate announced on October 8, 2026 that will pay $2,000 toward an eligible cold-climate air-source heat pump, or up to $10,000 for households below the median income. Applications are not open yet.
$2,000
max rebate
Up to $10,000 if income-qualified
Rebate
Recently closed programs in Prince Edward Island12 programs no longer taking applications, with what replaced them
- Last verified October 12, 2026ClosedFederalCanada-wide
Canada Greener Homes Loan
An interest-free loan of $5,000 to $40,000 for energy retrofits that closed to new applicants on October 1, 2025. Homeowners already approved can still finish their projects.
$40,000
max 0% loan
Interest-free loan - Last verified October 12, 2026ClosedFederalCanada-wide
Oil to Heat Pump Affordability Program
Upfront grants for lower-income homeowners switching from oil heating to a heat pump. Where Ottawa delivered the program alone, the last day to apply was July 31, 2026; approved applicants have until January 31, 2027 to finish the work and submit paperwork.
$25,000
max grant, income-qualified
Grant - Last verified October 12, 2026ClosedFederalCanada-wide
Canada Greener Homes Grant
The federal grant of up to $5,000 for home retrofits (plus up to $600 for EnerGuide evaluations) is fully closed. New applications stopped in February 2024 and the final payment deadline passed on December 31, 2025.
$5,600
max grant
Grant - Last verified October 12, 2026ClosedFederalCanada-wide
Incentives for Zero-Emission Vehicles Program
The original federal EV rebate of up to $5,000 was paused on January 12, 2025 when its funding ran out, and formally ended on March 31, 2025. It has been replaced by the Electric Vehicle Affordability Program.
$5,000
max discount
Instant discount - Last verified October 12, 2026ClosedFederalCanada-wide
Canada Secondary Suite Loan Program
A proposed low-interest federal loan of up to $80,000 for adding a secondary suite. It never opened to applicants, and Budget 2025 confirmed it will not be implemented.
Varies
Loan - Last verified October 11, 2026ClosedFederalPrince Edward Island
Oil to Heat Pump Affordability Program (PEI)
The federal-provincial program helping income-qualified Islanders replace oil heat with heat pumps is closed to new applicants.
Closed
Grant - Last verified October 12, 2026ClosedFederalCanada-wide
Zero Emission Vehicle Infrastructure Program
Federal cost-share funding for EV chargers installed by organizations, including chargers in larger apartment and condo buildings. It is not open to individuals, and no intake is currently accepting applications.
Varies
Grant - Last verified October 11, 2026ClosedProvincialPrince Edward Island
Heat Pump Rebates (Energy Efficient Equipment Rebates)
PEI's heat pump rebates ended on April 15, 2026; only heat pumps bought between April 15, 2025 and April 15, 2026 can still be claimed, within one year of purchase.
$7,500
max rebate
Rebate - Last verified October 11, 2026ClosedProvincialPrince Edward Island
Solar Electric Rebate Program
PEI's residential solar rebate is not taking new applications; it was paused in 2025 when funding ran out and listed as ended or paused as of April 15, 2026 while 2026-27 funding is decided.
$5,000
max rebate
Rebate - Last verified October 11, 2026ClosedProvincialPrince Edward Island
Electric Vehicle Incentive
PEI's point-of-sale rebate on new and used EVs has been paused since April 15, 2026 while 2026-27 funding is finalized.
$4,000
max discount
Instant discount - Last verified October 11, 2026ClosedProvincialPrince Edward Island
Free Heat Pump Program
PEI's program offering free heat pumps to income-qualified households is closed to new applicants; households already approved are still waiting for installations.
Free
Free upgrade - Last verified October 12, 2026ClosedMunicipalCharlottetown
Switch Charlottetown
Charlottetown's 0% property-linked financing for heat pumps, solar, insulation and other upgrades is fully subscribed and no longer accepting new projects.
$40,000
max 0% loan
Interest-free loan
Looking for a program that ended? See what’s open instead of Canada Greener Homes Loan, OHPA, CGHG and iZEV.
Prince Edward Island rebate questions
Answers are generated from the programs above, so they change when the programs do.
Other provinces and territories
Moving, or own property elsewhere? Darker tiles have more open programs.
Get up to 3 quotes from Prince Edward Island installers
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