Oil to heat pump conversions in Ontario, for homes paying $200-$400 a month in heating oil. The Oil-to-HP bonus pays up to $7,100, and the Home Renovation Savings Program can add $5,000-$10,000. Conversions run $18,000-$28,000 before rebates. We remove the oil tank and burner, install a cold-climate heat pump sized by Manual J, and file the rebate paperwork. Older Toronto homes in Rosedale and Old Oakville, and rural GTA homes alike.
Why get off oil now?
- Cost. Oil is one of the most expensive ways to heat a home. $200-$400 a month is common.
- Rebates. Up to $7,100 from the Oil-to-HP bonus plus HRSP on eligible homes.
- Insurance. Aging oil tanks are a concern for many insurers. Removal with documentation settles that.
- Space and smell. The tank and burner go, the basement gets a corner back.
- Cooling. You gain central AC or ductless cooling for the first time in many older homes.
What does a conversion include?
- Eligibility check and pre-retrofit audit, booked before anything is removed
- Manual J load calculation and system plan: central ducted on existing ducts, or ductless multi-zone for hydronic homes
- Oil tank removal: pumped out, cut, removed, fill and vent pipes taken out, documentation for your insurer
- Burner and furnace (or boiler) removal or boiler kept as backup on hydronic homes
- Cold-climate heat pump install and commissioning, panel upgrade by our ESA tech if needed
- Post-retrofit audit and filing of the Oil-to-HP bonus and HRSP on your behalf
Which rebates apply to oil homes?
| Program | For | Up to |
|---|---|---|
| Oil-to-HP bonus | Oil-heated homes switching to a heat pump | $7,100 |
| Home Renovation Savings Program | Eligible Ontario homes, by tier and income | $5,000-$10,000 |
Order matters exactly as it does for gas homes: pre-audit, install, post-audit, then filing. Gas-heated? You’ll want Ontario heat pump rebate 2026 instead.
Ducted or ductless?
Forced-air oil furnaces have ducts, so a cold-climate central heat pump with an air handler goes on the existing trunk lines after a static pressure check. Oil boiler homes with radiators go ductless multi-zone, with the boiler kept as backup or removed with the tank. Either way: cold-climate heat pumps only.
Rosedale: two winters, zero backup
Converted from oil to a Mitsubishi Hyper-Heat 4-ton with an air handler in October, oil tank removed the same week. Two winters, zero backup heat needed. The Oil-to-HP bonus came through at $7,100 and HRSP added $4,800, covering 65% of the $18,500 project. The equipment is covered on our Mitsubishi page.
Going fully electric?
Once oil is gone, the water heater is often the only fossil-fuel appliance left. A heat pump water heater finishes the job.
Our Toronto heat pump crews run oil conversions across downtown Toronto, Oakville lakeshore homes and rural GTA. Request the eligibility check and we’ll book the pre-audit.
