Oil to Electric Incentive Program
OpentakeCHARGE (Newfoundland Power and NL Hydro)
Heat pump amountsUp to $22,000 for income-qualified homeowners (text on the page), covering up to 100% of the switch. Our October 8 data from the incentive chart: central heat pump up to $9,000 ($22,000 income-qualified); multi-split or several mini-splits up to $6,500 ($18,000); electric furnace or boiler up to $5,000 ($10,000). The charts are images, so only the $22,000 figure could be re-read today. Income-qualified customers pre-approved for a central, multi-split or multiple mini-split heat pump also get $250 from NRCan.
Equipment rule'Heat pumps must be listed as eligible equipment for the Oil to Heat Pump (OHPA) grant', i.e., on NRCan's database for the zone where installed (NRCan's OHPA lists are split by province group). Whole-house heating required, with an installer attestation; a backup heat source is required for very cold weather. Installer: journeyman Refrigeration and Air Conditioning Mechanic or manufacturer-certified, and on the participating installer list.
Other conditionsPre-approval first; incentive held 365 days to install, remove the oil tank and submit final documents, no extensions. Oil: at least 500 litres over a consecutive 12 months within two years; propane: 1,000 litres. Applications showing only the minimum or a new oil tank since January 1, 2025 get extra scrutiny. 'Still accepting applications' with no closure date set.