Heat pump program costs are on track but could jump to $2.7B: PBO – National

Heat pump program costs are on track but could jump to .7B: PBO – National

The Parliamentary Budget Officer estimates Ottawa’s program to get homes off heating oil and on to heat pumps could cost $797 million over the course of the program, in line with the budget allocation of $750 million. However, the total cost could reach $2.7 billion if all eligible households successfully apply. The Oil to Heat … Read more

Heat pumps vs. AC: Report notes progress, challenges in reaching climate goals – National

Heat pumps vs. AC: Report notes progress, challenges in reaching climate goals – National

While the world’s governments have taken measures to promote energy efficiency this year, a new report by the International Energy Agency (IEA) says the pace at which improvements to energy efficiency are made this decade needs to double if global climate targets are to be met. The report found in 2023, the momentum behind energy … Read more