What's available in Saskatchewan
SaskPower and SaskEnergy don't pay anything toward heat pumps. Their joint Home Efficiency Retrofit Rebate ended in April 2026, and it only covered insulation, air sealing, windows and doors anyway. SaskEnergy's equipment rebate is for high-efficiency gas furnaces, boilers and water heaters. The federal oil-to-heat-pump program closed on July 31, 2026.
How the federal rebate fits
That leaves the National Heat Pump Rebate: $2,000 for most homeowners, or up to $10,000 if your household is below the median income. The federal government says it launches in 2027 and hasn't published the income test yet. It only names cold-climate air-source heat pumps, so a ground-source system may not count. What we know about the federal rebate
Is a heat pump worth it on gas?
Most Saskatchewan homes heat with natural gas, which is cheap next to oil, propane or electric baseboards, so the savings are smaller. A heat pump makes the most sense when your furnace or AC is due for replacement anyway. Ask your installer for running costs on your actual gas and power rates, and make sure the model is rated for a Saskatchewan winter.
A lot of installs here keep the gas furnace as backup. The federal government hasn't said whether adding a heat pump next to a furnace counts for the rebate, so that's one to watch.