Heat pump rebates in Prince Edward Island
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).
2 current programs cover heat pumps in Prince Edward Island (1 open, 1 announced), from the federal government. Keep the invoice with the model numbers; you’ll need them to apply. Checked October 19, 2026.
Heat pumps · Prince Edward Island
As of October 19, 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 |
2 current programs for heat pumps
Heat pump rebates in every province- 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.
Free
Free upgrade - Last verified October 12, 2026UpcomingFederalCanada-wide
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
Closed programs for heat pumps7 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 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 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
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
If you were counting on a program that closed: what replaced Canada Greener Homes Loan, what replaced OHPA, what replaced CGHG and what replaced Free Heat Pump Program.
Prince Edward Island specifics
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.
Before you get heat pump quotes in Prince Edward Island
Each program’s own rules come first.
- Ask for a cold-climate model
- Most Canadian rebates require a cold-climate air-source heat pump on NRCan's qualified product list. Ask each installer for the exact outdoor and indoor model numbers so you can check them.
- Insist on a heat-loss calculation
- Proper sizing comes from a room-by-room heat-loss calculation, not the size of your old furnace. An oversized unit cycles more and costs more; an undersized one leans on backup heat.
- Get pre-approval or an assessment first
- Some programs require pre-approval, a registered contractor or an energy assessment before any work starts. Doing things out of order is the most common reason rebates are refused.
- Plan the backup
- Decide with your installer whether you keep a furnace as backup (a hybrid system) or go fully electric. The choice can change which rebate tier you qualify for.
Other upgrades in Prince Edward Island
- 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
Get up to 3 heat pump quotes in Prince Edward Island
Tell us about your home. We’ll send your request to up to 3 installers who know the Prince Edward Island rebate paperwork for heat pump.
We’re independent. We never take rebate applications or charge you to apply; always apply through the official program.
Request quotes
Free, no obligation. We pass your request to up to 3 independent installers who serve your area and, where a program requires it, are registered with it.
- 1. Your project
- 2. Your contact details
- Installers checked against your program’s contractor list, where it has one
- Installers pay us, never you
- Sent to up to 3 installers who serve your area. We don't sell or rent lists.