Furnace Rebates in Ontario: What’s Actually Still Open

If you’re searching for furnace rebates in Ontario, here’s the direct answer: the two programs most guides still list, the Canada Greener Homes Grant and Enbridge’s HER+ program, have both closed to new applicants. Neither pays out for a standalone furnace replacement anymore, even if a site tells you otherwis

That doesn’t mean there’s nothing available for Furnace Rebates in Ontario. For example, a provincial program is live, Toronto has a financing option that most guides skip, and a federal replacement program is on the way but hasn’t reached Ontario yet. Below, you’ll find what’s actually claimable, what’s coming, and how to combine available programs to lower the real cost of a new furnace.

Want furnace pricing before rebates? See the Furnace Pricing Guide for current installed costs by furnace type.

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Is There Still a Furnace Rebate in Ontario?

There isn’t a dedicated Furnace Rebates in Ontario program for a straight gas furnace swap. However, real money may be available if your project includes an eligible efficiency upgrade, particularly a heat pump, or if you’re open to financing. As a result, homeowners should review the available options before paying the full cost of a furnace replacement.

Ontario furnace rebate programs showing closed grants, active savings, Toronto financing and upcoming federal program options.
ProgramStatusCovers furnaces?What it offers
Canada Greener Homes GrantClosed to new applicantsWas up to $5,000Legacy applications only being processed
Enbridge HER+Closed to new applicantsWas up to $5,600 to $10,600 combinedReplaced by Home Renovation Savings
Home Renovation Savings (Enbridge, Save on Energy, Ontario government)ActiveNot directly. Heat pumps, insulation, windows/doors, smart thermostats, appliancesUp to $12,000 for heat pumps; smaller amounts for other categories
Toronto Home Energy Loan Program (HELP)Active, Toronto properties onlyYes. High-efficiency furnaces, boilers, ACsZero to low-interest loan up to $125,000
Canada Greener Homes Affordability Program (CGHAP)Not yet available in OntarioLikely heat pumps only, income-testedNo Ontario delivery agreement signed as of this writing

The short version: if you want a rebate specifically for replacing a gas furnace with another gas furnace, none of the live programs pay for that directly. If you’re willing to consider a heat pump instead, or alongside your furnace as a hybrid system, that’s where the current rebate dollars are concentrated.

What Happened to the Canada Greener Homes Grant?

It closed to new applicants in February 2024 and stopped processing final reimbursements by the end of 2025. Over roughly three years of operation, it funded close to 397,000 retrofits nationally, with Ontario receiving the largest provincial share at over 162,000 grants.

If you already had an approved application in the system before it closed, Natural Resources Canada is still processing legacy files. New applications are not being accepted, regardless of what an older blog post or contractor site says.

What Replaced Enbridge HER+?

Enbridge Gas closed new intake to the Home Efficiency Rebate Plus (HER+) program in February 2024, with existing applicants given until the end of 2025 to complete their final assessments. It has been replaced by Home Renovation Savings, run jointly by Enbridge Gas, Save on Energy, and the Ontario government.

The distinction most rebate guides skip: Home Renovation Savings doesn’t list furnace replacement as its own rebate category. Its current tiers include insulation, windows and doors, heat pump water heaters, air sealing, heat pumps, solar and battery storage, smart thermostats, and appliances. A gas furnace swapped for another gas furnace doesn’t fall into any of those categories on its own.

What Can Ontario Homeowners Actually Claim Right Now?

For Furnace Rebates in Ontario, there are two main tracks: a provincial rebate program focused on energy-efficiency upgrades and, separately, a Toronto-only financing program that covers eligible furnace installations directly. Therefore, your location and the type of upgrade you choose can affect which option is available.

Home Renovation Savings, verified directly on the official program page:

UpgradeRebateAssessment required?
Insulation (attic, wall, foundation, exposed floor)Up to $7,700Yes
Windows and doors$100 per rough openingYes
Heat pump water heaters$500Yes
Air sealingUp to $250Yes
Heat pumpsUp to $12,000No
Solar panels and battery storageUp to $10,000No
Attic insulationUp to $1,250No
Smart thermostatsUp to $125No
AppliancesUp to $200No

Third-party sites report additional tonnage-based figures for the heat pump rebate (roughly $500 per ton for gas homes, up to $1,250 per ton for non-gas homes). Those numbers weren’t consistent across every source checked, so treat the official program page as the figure of record before quoting an exact amount to a homeowner.

💡 Assessment vs. no-assessment rebates: Most Home Renovation Savings categories need a home energy assessment before and after the work, done by a registered energy advisor, which adds a few weeks to the timeline and a few hundred dollars in assessment cost (often partly offset by the assessment rebate itself). The no-assessment items above, including heat pumps under the standard path, skip that step, which is part of why heat pumps are the fastest rebate to actually collect. Compare your own numbers with the heat pump cost calculator and the “Is a Heat Pump Worth It?” quiz before you call a contractor.

Toronto HELP: Financing, Not a Rebate

Toronto’s Home Energy Loan Program (HELP) is worth knowing separately, because it’s financing, not a rebate, and because it’s the one program here that does cover furnace replacement directly. It offers a zero to low-interest loan of up to $125,000, repaid through the property tax bill, and it explicitly covers high-efficiency furnaces, boilers, and air conditioners.

HELP is only available to properties with a Toronto postal code (starting with “M”). For homeowners in Hamilton, Burlington, Brantford, Cambridge, Kitchener, Milton, and Oakville, it doesn’t apply directly. Check with your local municipality or utility for equivalent regional programs, since some run seasonal top-ups separate from the provincial program.

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Is a Loan the Same as a Rebate?

No, and mixing them up is one of the most common budgeting mistakes homeowners make when researching Furnace Rebates in Ontario. In simple terms, a rebate reduces the amount you pay, while a loan spreads the cost over time. Even so, a zero-interest loan still requires you to repay the full amount eventually.

HELP is financing, not free money. Home Renovation Savings is an actual rebate. In practice, homeowners in Toronto often combine a Home Renovation Savings heat pump rebate with a HELP loan for the remaining balance, which lowers the upfront cost without confusing the two categories. Outside Toronto, that specific stack isn’t available, so it’s worth asking your contractor directly what regional financing options exist before assuming a program covers more than it does.

Infographic comparing Ontario furnace rebates and financing, including how rebates reduce costs while loans spread payments over time.

How to Combine Financing and Rebates to Lower Your Furnace Cost

For Furnace Rebates in Ontario, start by comparing pricing, then work through eligibility requirements before committing to equipment. This way, you can confirm which programs apply and avoid choosing a furnace that does not qualify. As a result, you can budget more accurately from the start.

  • Get quotes first. See current installed furnace prices by type so you know your baseline before any rebate is applied.
  • Ask your contractor whether a heat pump or hybrid system fits your home. That’s where the Home Renovation Savings dollars are concentrated, and a hybrid setup keeps a furnace for the coldest stretches while still qualifying for the rebate on the heat pump portion.
  • Toronto homeowners: ask about HELP financing alongside any rebate you qualify for, and apply the rebate first, then finance the remaining balance rather than the other way around.
  • Check for local or utility-specific programs outside the provincial one. Coverage varies by municipality and utility provider.
  • Get multiple quotes from trusted local HVAC contractors. Rebate paperwork support and program familiarity vary a lot by contractor experience, and an experienced contractor can often spot eligibility you’d otherwise miss.
💡 A concrete example of how the stack works: a Toronto homeowner installing a 3-ton cold-climate heat pump might see a Home Renovation Savings rebate in the $1,500 to $7,500 range depending on tier and fuel type, applied directly against the project cost. If the remaining balance is, say, $9,000, a HELP loan can cover that portion at zero to low interest, repaid through the property tax bill over several years, rather than the homeowner financing the full pre-rebate amount through a private loan or credit card. Run your own numbers with the heat pump savings calculator before assuming a specific figure applies to your home.

Should You Wait for CGHAP Before Replacing Your Furnace?

Generally, no, not if your current furnace is failing. The Canada Greener Homes Affordability Program is real and funded at $800 million over five years, but Ontario has not signed a delivery agreement as of this writing. Other provinces, including British Columbia, Nova Scotia, Quebec, and Prince Edward Island, have already signed theirs, with Manitoba first. There’s no announced timeline for Ontario.

CGHAP is also income-tested and aimed at retrofits like insulation, air sealing, and heat pumps for low-to-median-income households and tenants. It hasn’t been confirmed to include straight gas furnace replacement even once it arrives in the province. Waiting on a program with no Ontario launch date carries real risk if you’re heading into winter with a furnace that’s already unreliable.

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Looking for the Best Furnace or AC Prices in Ontario?

At FurnacePrices.com, we help homeowners in Hamilton, Burlington, Brantford, Cambridge, Kitchener, Milton, Oakville, and surrounding areas connect with trusted HVAC professionals.

Rebate and financing eligibility varies by home, fuel type, and municipality, and programs change without much notice. Compare quotes from contractors who can walk you through what you actually qualify for right now, rather than relying on numbers that may already be out of date.

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Hans Vaillancourt
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