How BetterHomes London works
OpenBetterHomes London is the City of London's home energy retrofit financing program, launched in spring 2026 with support from the Federation of Canadian Municipalities' Green Municipal Fund. It lends between $5,000 and $40,000 at a 2.5% fixed rate. The project must be worth at least $15,000 and cut the home's energy use by at least 25%. You repay through your property tax bill over 10, 15 or 20 years, and you can pay it off early with no penalty.
- What it pays
- Up to $40,000 · Loan
- Home energy retrofit loan (repaid on property tax bill)$5,000 to $40,000 at 2.5% fixed, 10-, 15- or 20-year terms
- Energy savings incentive (25% energy reduction)$2,500
- Energy savings incentive (100% energy reduction)$10,000
- Who qualifies
- You own a detached, semi-detached, townhome, duplex or triplex in London that is someone's full-time primary residence.
- Your property taxes are up to date.
- The retrofit must cut the home's energy use by at least 25%, and at least 80% of costs must be energy efficiency work.
- Incentives are only for households under the income limits (under $95,000 for one person, under $115,000 for two to five people). Rental properties can't get incentives.
- Steps, in order
- Fill in the Get started form on the BetterHomes London website. Eligibility is usually confirmed within 10 business days.
- Book a home energy assessment (most participants pay about $500 to $700) and plan the project with your retrofit coach.
- Sign the Property Owner Agreement before starting work, then finish the upgrades within 12 months.
- Submit your receipts. The loan, minus any incentive, is repaid through your property tax bill.
- Energy assessment
- Yes, before work starts
- Run by
- City of London