Heat Pump Rebates in Peterborough

What do Peterborough homes heat with?

A mix that depends on the neighbourhood's age. Newer subdivisions are on natural gas; many of the city's older homes — and most of the surrounding townships like Douro-Dummer, Otonabee-South Monaghan and Cavan Monaghan — still run oil furnaces with tanks in the basement, some of them decades old. Those oil homes are the top rebate tier in Ontario, and their tanks are exactly the ones insurers are asking harder questions about.

Does Peterborough's electricity setup change the math?

In the city, distribution is through Hydro One after its purchase of Peterborough Distribution, and the rural townships have long been Hydro One country. As across the region, delivery charges are a real line on the bill — and the heat pump math still clears it, because moving heat beats making it by two to three times for most of the season. Bring a winter hydro bill and a winter oil bill to the in-home visit; the comparison is done with your real numbers.

What's the rebate math for a typical Peterborough home?

A typical older Peterborough home — 1,200–1,800 sq ft on oil — takes a 2.5-ton system: $3,125 from Ontario HRS and $2,000 federal (up to $10,000 below the median income), against a typical installed range of $13,500–$16,500. Larger township homes at 3 tons see $3,750 Ontario. On gas in the city, a 2.5-ton dual-fuel pairing pays $1,250 Ontario plus the federal line.