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Universal Substitute. Fat-free half-and-half is a suitable substitute for heavy whipping cream in almost any situation. It is considerably healthier with 127 calories, 3 grams of fat, 2 grams of saturated fat and 6 grams of protein per fluid cup. Like 1 percent milk, fat-free half-and-half whips into a fluffy topping.
Heavy cream contains about 38-40% of fat whereas whipping cream has just 30 to 36% of fat content. Some of the common uses of heavy cream are, 1  It is used to make butter. 2  Whipped cream is prepared out of heavy cream through a process of severe whisking.  Used in the preparation of sour cream and clotted cream.