Home Energy Loan Program
Last Update: October 28, 2025
Toronto, ON
Low-interest financing for Toronto homeowners' energy-efficient home upgrades
At a glance
Eligible Funding
- Max. $125,000
Timeline
- Open Date : October 23, 2025
- Closing date : October 23, 2025
Financing Type
Loans and Capital investments
Eligible Industries
- Real estate and rental and leasing
Funds Providers
Program status
Open
Overview
The Home Energy Loan Program (HELP) offers Toronto homeowners up to $125,000 in low-interest financing to support energy-efficient and low-carbon home renovations. Eligible activities include upgrades such as insulation, heat pumps, window and door replacements, geothermal systems, solar panels, and electric vehicle charging stations.
Financing terms and conditions
- Loan amounts available up to $125,000, not exceeding 10% of the property's current value assessment (CVA).
- Fixed interest rates by term: 3.08% (5 years), 3.92% (10 years), 4.41% (15 years), and 4.67% (20 years for select projects only).
- An administrative fee of 2% is added to the total loan amount.
- Funds are disbursed in two phases: up to 30% as an advance upon signing the agreement, and the remainder upon project completion.
- Loan repayment is made via 11 monthly installments per year through the property tax bill, with full prepayment allowed at any time (service fees may apply).
Activities funded
- Upgrading residential properties to improve energy efficiency.
- Implementing low-carbon renovation projects in homes.
- Installation of renewable energy systems such as solar panels and geothermal systems.
- Retrofitting homes with advanced heating, cooling, and insulation solutions.
- Enhancement of residential infrastructure to support electric vehicle charging and energy storage.
Eligibility
- The applicant must own a detached, semi-detached, row house, duplex, triplex, or a low-rise residential building (maximum three storeys and six units) located in Toronto, with a postal code starting with "M".
- All property owners listed on the title must consent to participate in the program.
- The applicant must not have more than three instances of a property tax or utility account being 60 days past due in the last three years.
- If applicable, the applicant must obtain written consent from their mortgage lender.
Who is eligible?
- Homeowners of detached houses
- Homeowners of semi-detached houses
- Homeowners of row houses
- Homeowners of duplexes or triplexes
- Owners of low-rise residential buildings (up to three storeys and six units) in Toronto
Eligible expenses
- Installation of air-source heat pumps
- Window and door replacements
- Insulation upgrades for basement, attic, or exterior walls
- Air sealing measures (such as weather stripping or caulking)
- Geothermal system installation
- High-efficiency water heaters, furnaces, boilers, and air conditioners
- Tankless water heaters
- Drain-water heat recovery systems
- Toilet replacements
- Solar hot water systems
- Rooftop solar PV panel installation
- Electric vehicle charging stations (Level 2)
- Battery storage systems
Eligible geographic areas
- Properties located in the City of Toronto (postal codes starting with “M” only).
How to apply
1
Complete application form
- Complete the online application form
- Receive and review the funding offer from the City
- Obtain written consent from your mortgage lender if required
2
Energy assessment and funding request
- Book a home energy assessment with an NRCan-registered Energy Advisor
- Receive a Renovation Upgrade Report with recommendations
- Obtain an EnerGuide rating of your home
- Determine eligible incentives and rebates
- Submit a funding request with details and contractor quotes
3
Sign the funding agreement
- Review and sign the Property Owner Agreement (POA)
- Return the signed agreement to the City
- Receive up to 30% of funds if requested to start your project
4
Complete home improvements
- Hire contractors and complete approved home improvements
- Obtain all required permits for the work
- Book your post-retrofit energy assessment
5
Submit project completion documents
- Submit a Project Completion Report signed by your Energy Advisor
- Provide contractor invoices and new EnerGuide rating
- Receive the remaining project funds from the City
6
Repay the loan
- Begin loan repayment through the property tax bill
- Make monthly instalments over the term of the loan
- Option to pay off the loan balance at any time
Additional information
- Interest rates are fixed for the loan term and will not fluctuate.
- An EnerGuide home evaluation must be completed by a registered Energy Advisor before starting renovations.
- The loan is attached to the property, so if the home is sold, the new owner assumes the remaining loan balance.
- The City offers resources to help homeowners choose contractors for their energy improvement projects.
Contacts
homeenergyloan@toronto.ca
416-392-1826
Toronto, ON, Canada
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Frequently Asked Questions about the Home Energy Loan Program Program
Here are answers to the most common questions about the Home Energy Loan Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Home Energy Loan Program?
How much funding can be received?
What expenses are eligible under Home Energy Loan Program?
What is the deadline to apply?
Is the Home Energy Loan Program a grant, loan, or tax credit?
Who are the financial supporters of the Home Energy Loan Program?
Who is eligible for the Home Energy Loan Program program?
Who can I contact for more information about the Home Energy Loan Program?
Where is the Home Energy Loan Program available?
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