Upfront cost comparison
A complete comparison should include the equipment being replaced, whether air conditioning is also due, electrical or venting changes, distribution work and current rebates.
Operating cost comparison
Model annual heating demand against seasonal equipment efficiency and local energy rates. For a heat pump, include backup heat at colder temperatures; for combustion systems, include blower electricity and fixed fuel-account costs where applicable. Our federal heat pump rebate funding analysis explains why Ottawa's quoted $1,400 annual savings figure should not be assumed for a home currently heated with natural gas.
The better decision depends on the house
Homes with expensive existing fuels, cooling needs and good distribution can have a different answer from homes with inexpensive gas, recent equipment or major electrical/duct upgrades. Run the numbers with your actual rates and quotes.
Frequently asked questions
How accurate are online heat pump cost estimates?
They are useful for budgeting but cannot account for a home’s measured heating load, duct condition, electrical service, installation access, equipment pairing and contractor pricing. Treat them as planning ranges, then compare written local quotes.
Should I choose a heat pump by square footage?
No. Square footage can help create a rough planning estimate, but equipment capacity should be selected from a recognized heating and cooling load calculation such as CSA F280.
Do rebates reduce the contractor quote upfront?
It depends on the programme. Some incentives are point-of-sale or contractor-administered, while others require applications or documentation. Confirm current programme rules before signing a contract.
Compare heat pump estimates for your home
Use our planning calculator first, then compare local installation quotes based on your home, heating system and location.
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