Heat Pumps with Goldfinch Energy

Getting a heat pump with Goldfinch Energy means you’ll get a well-sized, well-installed piece of equipment at affordable rates. We help you get a heat pump in your home without compromising on comfort or cost.

We are able to apply for the heat pump rebate with the Home Renovation Savings Program.

Our heat pump installation was really quick. We were only without heat for 6 hours. The work was done on a really cold day and it was great to see how quickly we went off gas.
— Toronto Beaches Homeowner
Goldfinch was amazing at helping us from start to finish. We quickly went from wondering if a heat pump could work in our home to having one installed and waiting for our rebate cheque.
— Toronto Parkdale Homeowner

Heat Pumps and more

Our HVAC work fouses on helping homeowners electrify. Our team of HVAC contractors has decades of experience with heat pumps and won’t try and talk you into a gas appliance. We are always happy to help you explore the best options for your home. We’ve helped homeowners avoid the costly upgrade to 200 Amps service by calculating your historical electricity load and working with contractors who value the emperical approach to electricial load calculations.

What to expect with Goldfinch Energy

  • Replacing your AC with a heat pump - the costs (after tax) are around $8,000 - $9,000 depending on the size of the heat pump, brand and complexity of the installation. We work primarily with Mits Air heat pumps as they provide great tech support and spare parts.

  • Replacing your furnace + AC with a heat pump - the costs (after tax) are between $11,000 - $20,000+. The range is mostly due to the brand. Mitsubishi Electric is the most expensive heat pump out there but the equipment issues are about one tenth. We also install Midea-made heat pumps, primarily Mits Air.

  • Replacing your furnace + AC with a new gas furnace + heat pump - the costs (after tax) are between $17,000 - $18,000. This option is not always the cheapest to install or operate but can sometimes be desirable for larger homes that aren’t as well insulated.

  • Replacing your gas hot water tank with a heat pump hot water tank - $5,500

  • Replacing your gas hot water tank with an electric hot water tank

1-year warranty on all of our labour
Licensed contractor in the City of Toronto.
All required insurance + WSIB Health and safety policies.