The Canada Greener Homes Loan offers Canadian homeowners an interest-free loan of up to $40,000 to make energy-efficient upgrades, such as installing solar panels, upgrading insulation, or replacing windows and doors. With repayment terms of up to 10 years, this program makes it easier to invest in reducing energy costs and carbon footprints. Funds are limited, so don’t miss this opportunity to upgrade your home and contribute to a greener future—act now!
Loan details
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Maximum: $40,000
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Minimum: $5,000
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Repayment term: 10 years, interest-free
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Loan type: Unsecured personal loan on approved credit
- A maximum of one loan is available per eligible property and homeowner.
More Information
- The maximum eligible loan amount is calculated based on the retrofits selected in the application and the quotes for this work. The eligible amount is capped based on industry standards and market norms. The maximum eligible loan amount may be less than your quoted cost, in which case you will be responsible for funding any difference.
- Once approved, a portion of the loan can be delivered up front to assist in paying any deposits required by your contractor. The balance of the loan will be delivered after the retrofits have been completed and verified through a post-retrofit evaluation.
You cannot apply for a loan for the following:
- work that has already been started or completed
- retrofits that were not recommended in your pre-retrofit evaluation
- retrofits that are not included in your application (that is, you must not add additional retrofits to your loan application after it has been approved)
- retrofits that are not eligible for a Canada Greener Homes Grant
