The Canada Greener Homes Loan Program has been closed as of October 1st, 2025.
The last day to submit your application for a $40,000 interest free Greener Homes Loan was October 1st, 2025. Applications submitted by this date are still being assessed in the order they were received. Funds for home energy retrofits would be subject to availability. Important: Submitting an application by this date did not guarantee approval or funding! You still needed to provide your EnerGuide Home evaluation with loan application!
The program was a huge success and made installing solar power and other energy-saving measures far easier and more affordable for Ontario residents.
What were the benefits?
No upfront costs. You can make energy-efficiency improvements to your home without paying the total cost upfront
Easy to afford. This interest-free loan means that the monthly repayments will be lower than other types of loans.
Reduce carbon footprint. Make your home more energy-efficient and help mitigate global warming by cutting your carbon emissions.
How much money could you get from the program?
To help homeowners further their sustainability, the 2021 Federal Budget had proposed $4.4 billion to help up to 200,000 homeowners make homes more energy-efficient via loans of between $5,000 to $40,000. The loans were interest-free, with generous payment terms as you have up to 10 years to repay the total amount.
Who was eligible for the Greener Homes Loan Program?
The loan program was available to any Canadian homeowner looking to make energy-efficiency improvements to their home – but the home in question must be your primary residence. These improvements included installing solar panels, insulation, windows, and new doors.
To be eligible, you must be a Canadian citizen or permanent resident and have a good credit history (as you would with any loan). You must also have completed pre-retrofit evaluation of your home after the date of 1st April 2020.
It’s also important to note that the loan would have helped finance eligible products and installations as per recommendations by an energy advisor. You can find out more about eligible retrofits here.
Can I still apply?
Unfortunately, the program has been closed as of October 1st, 2025.
And, from August 31 2022, the Loan program was open to all homeowners who had already received the grant or requested an evaluation, and wanted to apply for any remaining eligible retrofits they were interested in but had not yet begun working on.
How would you apply for the Canada Greener Homes Loan Program?
If you were interested in applying for the Canada Greener Homes Loan Program, there are a few steps you should have followed:
- Check your eligibility. You had to be eligible for the grant in order to be able to apply for the loan.
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You needed to get a pre-retrofit Energuide evaluation – an evaluation of your home by an energy advisor. They would have scheduled a pre-retrofit EnerGuide evaluation and made recommendations on how to make it more energy efficient and sustainable. This was important as only advisor recommendations were eligible for the loan.
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Based on the report, you would have chosen which (if any) recommendations to implement and liaise with contractors to get 1-3 quotes for the works.
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Next, you would have filled out an application form on the Government of Canada website. Once you had submitted your application, a representative would have contacted you to discuss the next steps.
When would you get the money? How would you pay it back?
A portion of the loan was supposed to be delivered upfront in order to pay down payments to the contractors, and the remaining balance of the loan would have been delivered upon a successful completion of installations and retrofits, following a post-retrofit evaluation.
The accessible upfront loan costs for down payments were up to a maximum 15% of the cost of the retrofits that required a downpayment. This 15% could go as high as 25% if your property is considered North or off-grid.
If you are already approved for the loan, a few important things to note:
- Make sure you keep record of all invoices and receipts to receive the right loan
- You must book a post retrofit evaluation to access the rest of your loan
- The energy advisor will review the actual cost of completed retrofits and compare with your agreed loan – this can however only be decreased. If the work amounts to more, you will not receive a bigger loan than agreed on.
After this, your money will be received within 10 days (minus your upfront payments).
Repayment information will be supplied in full detail, outlining the 10 year instalments, after your money has arrived.
For the complete details on the loan, eligibility and more, check out the official website here:
If you are still thinking about making upgrades to your home, we encourage you to contact us. Solar panels can be a great way to go green, increase property value and slash your monthly energy bills.
Want to learn more? For more information on solar panels or a free quote, fill out a request form here
