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New Brunswick · updated November 2, 2026

New Brunswick home energy rebates & savings guide

Electricity (all-in)
¢16.5/kWh
Natural gas (all-in)
$1.05/m³
Solar yield
1,100 kWh/kW
Heating degree-days
4,600

Many New Brunswick homes heat with electric baseboards or oil, which makes heat pumps one of the best upgrades in the province. Solar is a moderate investment at New Brunswick's electricity prices. This guide covers how New Brunswick homeowners can save on energy and which home energy rebates and upgrades make sense.

Start with the heat pump calculator or the home energy estimator, then check current programs on the New Brunswick rebates page.

Electricity in New Brunswick

NB Power supplies electricity to most of the province, with a few municipal utilities in cities such as Saint John and Edmundston, and Liberty provides natural gas in some areas. The supply mix includes nuclear, hydro, fossil fuels and imports. An all-in rate of roughly $0.165 per kWh is near the Canadian average.

Heating: what pays off

Electric baseboards are the most common heating system in New Brunswick, followed by oil, wood and heat pumps. A cold-climate heat pump at a typical seasonal COP of 2.2 to 3.0 uses roughly a third to a half of the electricity of baseboards, and costs much less to run than oil at about $1.65 per litre. With gas at roughly $1.05 per m³, a heat pump also usually beats a gas furnace.

Ductless mini-splits are popular in New Brunswick because many homes lack ducts. Oil-heated homes are especially strong candidates. See switching from oil heat and the ductless mini-split guide.

Solar outlook

Solar is a middle-of-the-road investment in New Brunswick. Yields are roughly average for Canada, and at typical installed costs of $2.40 to $3.30 per watt, payback often runs in the low-to-mid teens of years for a good roof. A heat pump usually saves more per dollar, so many homeowners do that first.

NB Power offers net metering for small home systems, and terms can change. Confirm current rules with NB Power and run the solar calculator with your own bill.

Tips for New Brunswick homes

  • If you heat with oil, check the federal Oil to Heat Pump Affordability program, which is open in New Brunswick.
  • Check NB Power for current heat pump, insulation and solar rebates and confirm amounts before you buy.
  • Add a ductless heat pump to your main living area to cut baseboard use without new ductwork.
  • Seal drafts around doors, windows and the attic hatch before winter to reduce baseboard or oil use.
  • Keep a backup heat source in good working order for the coldest nights and power outages.

Programs and rebates

New Brunswick · NB PowerConfirm details

Home energy savings programs

  • Heat pump and insulation rebates
  • Income-qualified enhanced support
nbpower.com
Federal · NRCanOpen · ends 2027

Oil to Heat Pump Affordability (OHPA)

  • For households heating with oil who switch to a heat pump
  • Income-qualified grant; amount depends on your household and province
  • Open in BC, MB, ON, NB, PE, NL and Yukon; scheduled to end in 2027
  • In Nova Scotia, federal funding is fully committed (standby list only)
Program details
Federal · NRCanClosed

Canada Greener Homes Loan

  • Interest-free loans for retrofits
  • Closed to new applications on October 1, 2025
Closure notice
Federal · NRCanClosed

Canada Greener Homes Grant

  • Up to $5,000 grants with an EnerGuide evaluation
  • Closed to new participants in 2024
Greener Homes Initiative
Before you sign anything

Most rebates need pre-approval

  • Register or get approval before work starts
  • Keep equipment model numbers and invoices
  • Ask installers whether they are registered with the program
Find a rebate-ready installer

New Brunswick energy FAQ

Is a heat pump worth it in New Brunswick?

For most homes, yes. Homes on baseboards or oil usually see large savings, and a heat pump also beats natural gas at New Brunswick's gas prices.

Are solar panels worth it in New Brunswick?

They can be, with payback often in the low-to-mid teens for a good roof. Results depend on your roof, system cost and how much power you use.

What energy rebates are available in New Brunswick?

NB Power offers efficiency programs, and the federal oil-to-heat-pump program is open in New Brunswick. Confirm current amounts with the programs directly.