6.00% fixed financing

Heat Pump Rebates in Edmonton

Edmonton has no cash rebate for a heat pump in 2026. The City says so on its own page: there are no City residential rebates available right now. What Edmonton offers is the Clean Energy Improvement Program, which finances upgrades at a fixed 6.00%. It has a few rules that matter a lot for heat pumps, so here they are in plain words.

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What an Edmonton home can use for a heat pump

We re-read the City of Edmonton's CEIP page and Natural Resources Canada's program page on October 3, 2026. Sources are at the bottom.

On hold

Edmonton Clean Energy Improvement Program

$3,000 to $50,000

Financing at a fixed 6.00%, repaid on your property tax bill for up to 20 years. The program is nearing capacity, so new pre-qualifications are queued and handled first come, first served.

Info

City of Edmonton rebates

None right now

The City's CEIP FAQ says there are currently no City residential rebates.

Closed

Oil to Heat Pump Affordability (federal)

Closed

July 31, 2026 was the last day for Alberta residents to apply.

Closed

Canada Greener Homes Grant

Ended

The grant has ended, and the Greener Homes Loan approves no new applications.

Edmonton's three-upgrade rule

Edmonton's CEIP finances a home only when at least three upgrades are installed. A heat pump on its own is usually not enough. A typical bundle might be a heat pump, a heat pump water heater and attic insulation. The exceptions: fewer upgrades are allowed if they get the home to net zero, or if you have used CEIP on that property before.

What Edmonton will and won't finance

Edmonton is stricter than most Alberta cities. Its CEIP page lists three things that are not eligible in Edmonton:

So if your furnace is old and you also want summer cooling, the path CEIP supports is a heat pump paired with a furnace for backup, plus at least one more upgrade.

Edmonton homes, by the numbers

The 2021 Census counted 396,395 households in Edmonton. Half live in single-detached houses, and 64% own their home. About 41% of households live in homes built before 1981, a higher share than Calgary's 35%. That includes 70,205 owner households in detached houses built before 1981.

Those mid-century houses are where a three-upgrade CEIP bundle fits best. They often need insulation and a new heating system at the same time, which makes the three-upgrade rule easier to meet.

Heat pumps in an Edmonton winter

Edmonton's average January low over the last ten years was about -14.3°C, and the coldest reading was -41.2°C. That is cold for any heating system. A cold-climate heat pump can carry a home through much of the winter, but you should plan backup heat for the deepest cold. Ask each installer the lowest outdoor temperature the unit is rated to run at, and how your home will stay warm below it.

How CEIP payments work in Edmonton

Repayment goes on your property tax bill, and the term is the shorter of 20 years or the useful life of the upgrades. If you are on the monthly tax payment plan, the CEIP charge is split into monthly payments too. You can pay off any upgrade early, with no penalty.

Timing matters. Upgrades finished between May and December 15 show up on the next May tax notice with no interest yet. If you pay that first charge in full by December 15, you avoid interest. After that, interest starts and appears on the following year's notice.

The City's first $20 million is meant to fund about 300 home projects, and intake pauses after 150 pre-qualifications. That is why new applications are queued.

Top-rated installers in Edmonton

Ranked by Google reviews (minimum five). We don't take referral fees or paid placements. To use CEIP, choose a contractor listed as a CEIP Qualified Contractor.

Trust Home Comfort
★ 5.0 (808 Google reviews)
Visit site →
Hermes Plumbing & Heating Service Ltd
★ 5.0 (236 Google reviews)
Visit site →
K & R Plumbing and Heating
★ 5.0 (215 Google reviews)
Visit site →
RG Home Comfort Ltd.
★ 5.0 (191 Google reviews)
Visit site →
Furnace Family Edmonton
★ 4.9 (3,911 Google reviews)
Visit site →

See all Edmonton installers →

How to finance a heat pump through Edmonton CEIP

  1. Read the CEIP Terms and Conditions and check you meet the tax and mortgage rules.
  2. Send your pre-qualification to Alberta Municipalities. It will join the queue and be handled first come, first served.
  3. Once pre-qualified, book an EnerGuide home evaluation and pick at least three upgrades.
  4. Sign the Clean Energy Improvement Agreement and Project Agreement before work starts.
  5. Make sure permits are pulled, then install, submit completion forms and book the post-project evaluation.

Common questions

Is there a heat pump rebate in Edmonton?

Not in 2026. The City of Edmonton says it has no residential rebates right now, Alberta has no provincial heat pump rebate, and the federal Oil to Heat Pump program closed for Alberta on July 31, 2026.

What is the Edmonton CEIP interest rate?

The current tranche is a fixed 6.00%, for up to 20 years or the useful life of your upgrades, whichever is shorter.

Can I finance just a heat pump through Edmonton CEIP?

Usually not. Edmonton requires at least three upgrades, unless fewer get the home to net zero or the property used CEIP before.

Will Edmonton CEIP pay for a new gas furnace?

Only if it is combined with a heat pump. A high-efficiency gas furnace on its own is not eligible in Edmonton.

Can I combine CEIP with other rebates?

Yes. The City encourages you to use any municipal, provincial, federal or utility incentive alongside CEIP.

What to do next

Because you need three upgrades, plan the whole project at once. Read our Edmonton insulation page for the second piece of most bundles, and see every Alberta program we track.

By Sam Menard. Sources, last read October 3, 2026: City of Edmonton: Clean Energy Improvement Program, Alberta Municipalities: CEIP program locations, Natural Resources Canada: Canada Greener Homes Initiative, Statistics Canada, 2021 Census table 98-10-0233-01. All Edmonton rebates → Every Alberta rebate and financing program →

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