If you’re comparing quotes for a Mitsubishi Electric Hyper Heat Pump, the big question is simple: what funding can you use, and how much can you save right now? This guide focuses on Ontario homeowners and lists five proven incentives you can act on today. We also cover performance in extreme cold and exactly how to stack programs without paperwork pain.
Who this helps and what to expect
You’ll find this useful if you:
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- Want lower heating costs without sacrificing comfort.
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- Feel unsure about rebates, eligibility, or deadlines.
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- Wonder if a heat pump can handle –20 °C and below.
We’ve linked to official program pages so you can verify amounts and timelines, and we’ve kept the steps short for mobile reading.
The 5 incentives that matter in Ontario
1) Federal Oil to Heat Pump Affordability (OHPA) Grant
If you currently heat with oil and meet income criteria, the OHPA grant provides up to $10,000 toward a qualified cold-climate heat pump. In provinces that signed co-delivery agreements, eligible households can receive up to $15,000 (federal + provincial top-up) plus a $250 bonus cheque. Funding can also cover related costs like electrical upgrades and safe oil-tank removal.
Tip: Tyger will spec a unit on NRCan’s qualified list and document the system details you’ll need for pre-approval.
2) Ontario Save on Energy — HomeEnergySaver (now migrating to Home Renovation Savings)
Ontario’s Save on Energy offered targeted incentives for electrically heated homes in defined postal-code areas. Typical incentives were up to $5,000 for a cold-climate ASHP and up to $10,000 for a ground-source heat pump, plus $75 for a smart thermostat when installed with the heat pump. Enrollment has now closed, with incentives moving under Ontario’s Home Renovation Savings program.
What this means: If you’re in an eligible area and heat with electricity, Tyger can check whether your address and model qualify under the current province-wide program.
3) Ontario Home Renovation Savings (province-wide)
Ontario launched new and expanded efficiency programs in 2025, including Home Renovation Savings, a province-wide path for heat-pump incentives. Save on Energy confirms that HomeEnergySaver incentives are now delivered through this program. Specific rebate amounts can vary by upgrade mix and eligibility, so always verify current numbers on the official site before you apply.
Why it’s useful: It opens incentives to more Ontario households beyond the limited postal-code list used by the previous local program.
4) City of Toronto — Home Energy Loan Program (HELP)
For homeowners within Toronto, HELP provides low-interest financing you repay on your property tax bill. As of now, posted fixed rates run through September 30, 2025 (for example: 5-, 10-, 15- and 20-year terms are available, with 20-year amortization permitted for projects that include heat pumps). It’s a practical way to spread the cost while you also pursue rebates.
Stacking idea: Use HELP financing to cover any amount not covered by grants, then apply the grant money to reduce principal.
5) Canada Greener Homes Loan (0% financing)
The Canada Greener Homes Loan offers interest-free financing up to $40,000 for eligible retrofits recommended by an energy advisor. Important timing: the federal portal closes to new applications on October 1, 2025. Submitting an application doesn’t guarantee approval, and funding is first-come based on availability.
Good to know: This loan can pair with provincial rebates and municipal financing, provided your project meets each program’s rules.
Legacy note: Home Efficiency Rebate Plus (HER+) deadlines for existing applicants
In Ontario, HER+ was the co-delivery stream with the now-closed Canada Greener Homes Grant. New intake ended, but if you’re already enrolled, post-retrofit assessments must be completed by Dec 1, 2025 so your file can be submitted by Dec 31, 2025. If that’s you, Tyger can help you hit the milestones and keep documentation clean.
Will a Mitsubishi Electric cold climate heat pump keep you warm in deep winter?
Modern cold-climate air-source heat pumps are engineered for Canadian winters. NRCan notes these systems are adapted for low temperatures and can keep working well below freezing, with some materials indicating operation down to –30 °C depending on the model and design. Mitsubishi Electric’s Hyper-Heating (H2i®/H2i plus®) lines are marketed to deliver 100% capacity at low ambient conditions with guaranteed heating to –25 °C (–13 °F) on select systems. Proper sizing and installation are key to performance.
For a broader cost view, the Canadian Climate Institute finds heat pumps are the lowest-cost heating and cooling option in most cases in Canada and can deliver 2–5× efficiency compared to producing heat from combustion. See their report here: Heat pumps in Canada (external): https://climateinstitute.ca/reports/heat-pumps-canada/ and technical analysis Heat Pumps Pay Off.
How to stack incentives without headaches
What to do next (simple 3-step plan)
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- Book a heat-pump consult so we can size a Mitsubishi Electric Hyper Heat Pump for your home and confirm which incentive path fits: heat pumps.
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- Lock in program steps (pre-approval, evaluations, forms). We’ll line up installs with your funding timelines.
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- Install + submit. We’ll provide the documentation you’ll need. Ready to start? Contact Tyger Mechanical.
FAQs
Do these programs change?
Yes. Deadlines and amounts can change. Always verify details on the official links before you apply. We keep clients current during quoting and scheduling.
Can I combine OHPA with Ontario rebates?
Often yes—co-delivery provinces add a top-up to OHPA, and Ontario offers additional utility incentives. Stacking rules still apply, and total incentives can’t exceed project cost.
Will a heat pump work at –25 °C?
Cold-climate units are designed for low temperatures; models on NRCan’s lists maintain operation at very cold conditions when properly sized. Mitsubishi Electric’s Hyper-Heating lineup is built for low ambient heating.
I’m in Toronto—should I use HELP or the federal loan?
You can consider both. HELP is local, tied to property taxes; the Greener Homes Loan is 0% but closes to new applications Oct 1, 2025. Choose the best fit for your budget and timeline.
What if I already started HER+?
Finish your post-retrofit assessment by Dec 1, 2025 so your file submits by year-end. New enrollment is closed.
