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Source verified August 6, 2026
Home Energy Loan Program
Low-interest financing for Toronto homeowners' energy upgrades
Latest source updateLast Update: July 4, 2026Latest change: The Home Energy Loan Program now shows an extended validity window to September 30, 2026, updated fixed rates, and a refreshed webinar schedule.View change
Latest source update
Last Update: July 4, 2026
Latest change: The Home Energy Loan Program now shows an extended validity window to September 30, 2026, updated fixed rates, and a refreshed webinar schedule.
HELP timeline and interest rates updated
The Home Energy Loan Program page now lists interest rates valid until September 30, 2026, with the 5-year rate changing from 3.46% to 3.34%, the 10-year rate from 4.17% to 4.01%, and the 15-year rate from 4.62% to 4.46%; the 20-year rate remains 4.86%. The webinars section also changed from listing specific March–June 2026 events to saying webinars will return in August 2026. On the application page, a short portal-login warning was removed and a visible 250-character remaining counter was added near a form field. No change was shown to who can apply, the core application steps, or the loan cap of up to $125,000 and 10% of CVA.
Funding available
$ 125,000
Deadline
Open continuously
Location
Toronto, Ontario, Canada
Overview
The Home Energy Loan Program helps Toronto homeowners borrow up to $125,000 for energy-efficient home improvements in detached, semi-detached, row house, duplex, triplex, and low-rise residential properties. Eligible upgrades include air-source heat pumps, insulation, and rooftop solar PV panels.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 125,000 $
- Up to 20% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Toronto
- Ontario
Legal structures
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Install air-source heat pumps, geothermal systems, high-efficiency water heaters, high-efficiency furnaces, boilers and air conditioners, tankless water heaters, drain-water heat recovery systems, toilet replacements, solar hot water systems, rooftop solar PV panels, Level 2 electric vehicle charging stations, and battery storage.
- Replace windows and doors, add insulation, and improve air sealing.
Documents Needed
- Online application form
- Lender consent form, if applicable
- Project Completion Report signed by your Energy Advisor; contractor’s invoices; and your new EnerGuide rating label
- HELP Heat Pump Installation Attestation for heat pump-only projects
Official resources
Eligibility
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
- Home energy improvements such as air-source heat pumps, window and door replacements, insulation, air sealing, geothermal systems, high-efficiency water heaters, high-efficiency furnaces, boilers and air conditioners, tankless water heaters, drain-water heat recovery systems, toilet replacements, solar hot water systems, rooftop solar PV panels, Level 2 electric vehicle charging stations, and battery storage.
- For heat pump-only projects: heat pumps and installation costs, electrical upgrades if required, and building permits.
Ineligible Costs and Activities
- Self-installations are not eligible.
Eligible geographic areas
- Properties located in the City of Toronto (postal codes starting with “M” only).
How to apply
- Complete the online application form.
- Book a home energy assessment with an Energy Advisor registered by Natural Resources Canada and submit your funding request.
- Sign and return the Property Owner Agreement (POA).
- Complete your improvements and submit the Project Completion Report with your contractor’s invoices and new EnerGuide rating label.
- Repay the loan through your property tax bill via the City’s Pre-Authorized Tax Payment program.
Processing and Agreement
- Once the City receives and approves your application, it will send you a funding offer.
- If your home is subject to a mortgage, your mortgage lender’s consent is required before the City can send you a funding offer.
- Once the City approves your Funding Request, it will send you a Property Owner Agreement (POA).
- You must sign the POA and return it to the City before funds can be released.
- After project completion, submit the Project Completion Report signed by your Energy Advisor, contractor’s invoices and your new EnerGuide rating label; the City will then provide the remaining funds, and loan payments will begin through the City’s Pre-Authorized Tax Payment program in 11 monthly instalments per year over the term of your loan.
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
Frequently Asked Questions about the Home Energy Loan Program Program
What is the Home Energy Loan Program?
The Home Energy Loan Program helps Toronto homeowners borrow up to $125,000 for energy-efficient home improvements in detached, semi-detached, row house, duplex, triplex, and low-rise residential properties. Eligible upgrades include air-source heat pumps, insulation, and rooftop solar PV panels.
How much funding can be received?
Home Energy Loan Program Funds up to 20% of admissible expenses, capped at $125,000 per project.
Who is eligible for the Home Energy Loan Program program?
To be eligible for the Home Energy Loan Program program, you must:
You own a detached, semi-detached, row house, duplex, triplex or low-rise residential building with a maximum of three storeys and six units in Toronto, with a postal code starting with M.
All property owners on title consent to participate.
You do not have more than three instances of a property tax or utility account being 60 days past due in the last three years, and you obtain written mortgage lender consent if applicable.
What expenses are eligible under Home Energy Loan Program?
Install air-source heat pumps, geothermal systems, high-efficiency water heaters, high-efficiency furnaces, boilers and air conditioners, tankless water heaters, drain-water heat recovery systems, toilet replacements, solar hot water systems, rooftop solar PV panels, Level 2 electric vehicle charging stations, and battery storage.
Replace windows and doors, add insulation, and improve air sealing.
Who can I contact for more information about the Home Energy Loan Program?
You can contact City of Toronto by email at homeenergyloan@toronto.ca or by phone at 416-392-1826.
Where is the Home Energy Loan Program available?
The Home Energy Loan Program program is available the province of Ontario.
Is the Home Energy Loan Program a grant, loan, or tax credit?
Home Energy Loan Program is a Loans and Capital investments