Towns · North Bay
Heat Pump Rebates in North Bay
The gateway to the north has winters to match — and a lot of oil, propane and baseboard heat paying full price through every one of them. Those homes sit in Ontario’s top rebate tier.
What do North Bay homes heat with?
Parts of the city have natural gas, paying HRS at $500 per ton. But across much of North Bay — and out along the Highway 11 and 17 corridors into Callander, Powassan and the surrounding townships — homes heat with oil, propane or electric baseboards, all at $1,250 per ton. North Bay Hydro distributes electricity in the city; Hydro One covers most of the surrounding area. As everywhere, your current fuel sets your rate.
Can a heat pump handle a North Bay winter?
It’s the first question here, and the honest answer is: a properly chosen one, yes. Cold-climate systems quoted for North Bay are rated to keep heating at −30°C, which covers the city’s design temperatures — and automatic backup heat (your existing furnace, or electric backup in an all-electric setup) handles anything below that. What matters is sizing and model selection for local conditions, which is what the in-home visit is for. The winter page explains the ratings in plain language.
What’s the rebate math for a typical North Bay home?
A common case — a 1,800–2,400 sq ft home on oil or propane — takes a 3-ton system: $3,750 from Ontario HRS plus $2,000 federal (up to $10,000 if your household is below the median income), on a switch typically running $14,500–$18,000 installed. That’s $5,750 to $13,750 back, while a winter of oil fills at $1,500–$2,000 each disappears.
North Bay: check your rebate
Six quick questions about your home. Your estimate — Ontario rebate, federal rebate, net cost and your example monthly figure — is calculated the moment you finish.
Your estimate is on its way
A local advisor will call to confirm your exact number. Here's your estimate now:
Your estimated rebates
Example only — based on your numbers above: your net cost after both rebates, incl. 13% HST, spread over 240 months. Here's the move many homeowners make with that monthly: when the rebate cheque arrives, put it straight onto the financing — at a monthly like this, it covers about two years of payments on its own. Then put the money you're no longer spending on fuel each year onto the loan too, and the system is paid off years early.
Homes like yours often also price a ductless option — ask the advisor to run both.
| Estimated system size | — |
| Ontario Home Renovation Savings rebate | — |
| Federal rebate (announced — applications open early 2027) | — |
| Typical installed cost, full furnace + heat pump switch | — |
| Your net cost after both rebates | — |
| Example monthly figure (net incl. 13% HST ÷ 240) | — |
| What you'll spend on fuel in the next 5 winters if nothing changes | — |
| Estimated heating savings per year after switching | — |
The monthly figure is an example only. The installed range is a typical Ontario range, estimate only. The new system typically heats your home for roughly 45–55% of what oil or propane costs.
What happens next
We call you
A local advisor goes over your estimate and answers questions — no pressure, no obligation.
In-home visit
We measure, check your ductwork and panel, and confirm your exact rebate. Bring last winter's fuel invoices — the savings math gets very clear when it's your own numbers.
Rebate pre-approval filed
Before any work begins, your Ontario pre-approval is filed and your rebate is reserved while funding lasts.
Install — rebate cheque follows
The new system goes in, the claim is submitted, and your rebate cheque arrives, about 60 days after approval.
One date worth knowing
Installations on or after November 1, 2026 count toward the new federal rebate. If your install is being booked this fall, that date line can be worth $2,000 to $10,000 — ask about it on your call.
Estimates only. Your exact rebate is confirmed at the in-home visit, and Ontario rebate pre-approval is filed before any work begins.
North Bay — common questions
My home heats with electric baseboards. Is the rebate really the same as oil?
Yes — electric homes are in the $1,250-per-ton tier with oil and propane. And because baseboards convert electricity to heat one-for-one while a heat pump moves two to three units of heat per unit of electricity, baseboard homes usually see the biggest hydro-bill drop. Many suit ductless systems.
What happens on the coldest nights, below −30°C?
Your backup heat takes over automatically — a kept furnace in a dual-fuel setup, or electric backup in an all-electric one. The heat pump does the great majority of the winter’s work; the backup is insurance for the extremes, and it’s sized at the in-home visit.
I’m outside the city — Callander, Powassan, the townships. Same rebates?
Yes. The programs follow your heating fuel, not your municipality. Rural homes around North Bay are more likely to be on oil or propane, which puts them in the top tier more often than not.
Does the rebate cover getting rid of my oil tank?
The rebate is for the heat pump system; tank removal is a separate line in the switch and is quoted with it. What to expect — including the oil left in the tank — is covered on the tank removal page.
Keep reading
Heat Pump Cost in Ontario
What each kind of system actually costs installed — before and after rebates.
Federal Rebate: Reserve Your Spot
The new federal rebate pays $2,000 — up to $10,000 below the median income. Reserve your spot before the Ontario rules land.
Sudbury
−30° winters, oil, propane and baseboard homes — the top rebate tier, tested hard.
Kingston
Gas in the city, tanks across Frontenac — two rebate stories, one page.