Oil to Electric Incentive Program
Run by takeCHARGE (Newfoundland Power and Newfoundland and Labrador Hydro) with the Governments of Canada and Newfoundland and Labrador · Also called Oil to Electric
The Oil to Electric Incentive Program is Newfoundland and Labrador’s utility program for heat pumps and high-efficiency heating: up to $9,000 for a central heat pump, or up to $22,000 for income-qualified households. Check the pre-approval rules before you buy or install anything.
Up to
$9,000
for a central heat pump
- Up to $22,000 if your household income qualifies
Verified
You apply on takechargenl.ca
No one from this program will knock on your door. Before you sign, check that your installer is on the program’s contractor list.
At a glance
| Maximum amount | $22,000 CAD (2026)Up to $22,000 |
|---|---|
| Funding type | Rebate |
| Status | Open |
| Who can apply | Homeowners, Landlords, Income-qualified |
| Energy assessment required | No |
| Income-tested | Partly: the $22,000 tier is for income-qualified |
| Deadline | No end date published |
| Where | Newfoundland and Labrador |
| Level | Utility |
| Run by | takeCHARGE (Newfoundland Power and Newfoundland and Labrador Hydro) with the Governments of Canada and Newfoundland and Labrador |
| Official page | takechargenl.ca/oiltoelectric |
| Last verified | |
| Verified by | Rebate Researcher, RebateHub |
| Confidence | HighEvery figure matches the official program pages. |
Oil to Electric Incentive Program. RebateHub.ca, https://rebatehub.ca/rebates/nl-oil-to-electric-incentive#key-facts. Last verified October 12, 2026. Official source: https://takechargenl.ca/oiltoelectric/
What you can get
| Upgrade | What you get | Up to |
|---|---|---|
| Central heat pump (income-qualified)Up to $22,000 | Up to $22,000 | $22,000 |
| Central heat pump (general)Up to $9,000 | Up to $9,000 | $9,000 |
| Multi-split or multiple mini-split heat pumps (income-qualified)Up to $18,000 | Up to $18,000 | $18,000 |
| Multi-split or multiple mini-split heat pumps (general)Up to $6,500 | Up to $6,500 | $6,500 |
| Electric furnace or electric boiler (income-qualified)Up to $10,000 | Up to $10,000 | $10,000 |
| Electric furnace or electric boiler (general)Up to $5,000 | Up to $5,000 | $5,000 |
| Natural Resources Canada bonus$250Mailed automatically after enrolment for income-qualified central, multi-split or multiple mini-split installs | $250 | $250 |
What a typical home would pay
An electrically heated Newfoundland and Labrador home, with every open rebate that applies to it, not just this one.
Cold-climate air-source heat pump, installed
- Typical installed cost
- $10,000–$19,000*
- Your rebates open today
- up to− $9,000
- You’d pay at least
- $1,000–$10,000
This program publishes a maximum, not a typical amount, so we show the most it could take off.
- + $2,000 more if the National Heat Pump Rebate opens before you install. Not counted above.
*Typical range from RBC (checked October 17, 2026), not a quote. Program administrators decide eligibility. Your installer’s quote decides the cost.
Your heating fuel and system size change this. See your own numbers
How it works
The incentive covers buying and installing an eligible electric heating system, any needed electrical panel upgrade, and removal of the oil tank. Amounts depend on the technology, household income and household size, and can cover up to 100% of costs. Payments go directly to a participating installer.
Heat pump systems must heat the whole house; central systems need a working backup heat source. Electric furnaces and boilers also qualify at lower amounts. Baseboards are allowed only as backup to a heat pump.
After pre-approval, the incentive is held for 365 days to complete installation and tank removal. takeCHARGE says the program is still accepting applications with no closing date set, but encourages people to apply soon. Income-qualified households installing multi-zone or central heat pumps also receive a one-time $250 payment from Natural Resources Canada.
Who qualifies
- You own the home and have an active electricity account; rental property owners can convert up to two properties in the general stream
- Home is a year-round primary residence on a permanent foundation, connected to the Island or Labrador interconnected grid; new homes are excluded
- Proof of at least 500 L of oil (or 1,000 L of propane) used over 12 consecutive months within the last two years
- Income-qualified tier: adjusted net income (line 23600 minus line 43500) at or below 1 person $37,375; 2 people $73,600; 3 people $104,650; 4 people $131,100; 5 or more $136,850; households above these limits use the general tier
- Use a participating installer; only projects completed after April 1, 2023 are eligible
How to apply
Step 1: Review takeCHARGE's application checklist and apply online
Step 2: Wait for pre-approval (processing can take 6 to 8 weeks); the incentive is then held for 365 days with no extensions
Step 3: Have a participating installer install the system and remove the oil tank (photograph the tank's HOST tag and serial number first)
Step 4: Submit closing documents; the incentive is paid to the installer
Get quotes from Newfoundland and Labrador installers
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.
Stacks with Oil to Electric
The program says these can be combined with it for the same home. Check each one’s rules for the same upgrade before you count on both.
- Last verified October 12, 2026OpenUtilityNewfoundland and Labrador
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Sources
Other sources we checked