BetterHomes London
Run by City of London · Also called BetterHomes London
BetterHomes London offers homeowners and landlords low-interest loans of up to $40,000 for insulation, air sealing, heat pumps and more in London, Ontario. You need an energy assessment before any work starts.
Loans up to
$40,000
Verified
You apply on betterhomeslondon.ca
At a glance
| Maximum amount | $40,000 CAD (2026)Loans up to $40,000 at 2.5%; incentives up to $10,000 |
|---|---|
| Funding type | Loan |
| Status | Open |
| Who can apply | Homeowners, Landlords |
| Energy assessment required | Yes, before you start |
| Income-tested | Partly: the $10,000 tier is for income-qualified households |
| Deadline | No end date published |
| Where | London, Ontario |
| Level | Municipal |
| Run by | City of London |
| Official page | betterhomeslondon.ca |
| Last verified | |
| Verified by | Rebate Researcher, RebateHub |
| Confidence | HighEvery figure matches the official program pages. |
BetterHomes London. RebateHub.ca, https://rebatehub.ca/rebates/on-london-betterhomes#key-facts. Last verified October 12, 2026. Official source: https://betterhomeslondon.ca/
What you can get
| Upgrade | What you get | Up to |
|---|---|---|
| Home energy retrofit loan (repaid on property tax bill)$5,000 to $40,000 at 2.5% fixed, 10-, 15- or 20-year termsMinimum total project value is $15,000. Up to 50% of approved costs can be paid out up front. | $5,000 to $40,000 at 2.5% fixed, 10-, 15- or 20-year terms | $40,000 |
| Energy savings incentive (25% energy reduction)$2,500Higher savings earn more on a sliding scale: $3,000 at 30%, $4,000 at 40%, $5,000 at 50%, $6,000 at 60%, $7,500 at 75%. | $2,500 | $2,500 |
| Energy savings incentive (100% energy reduction)$10,000Top of the sliding scale. Applied to your loan balance after the work is finished. | $10,000 | $10,000 |
How it works
BetterHomes 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.
At least 80% of the project cost has to go to energy efficiency work such as insulation, air sealing, windows and doors, heat pumps and other heating, cooling and ventilation, water heating, lighting, or solar and batteries. Up to 20% can go to related work such as electrical upgrades, EV charging, flood prevention, low-flow fixtures, permits and energy assessments. Up to half of the approved cost can be paid out before work starts, and the loan stays with the house if you sell.
Households under the program's income limits can earn incentives of $2,500 to $10,000, depending on how much energy the retrofit saves. The incentive is applied after the work is done and comes off your loan balance. A free retrofit coach helps plan the project, review quotes and find other rebates.
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.
- Work already completed, appliances, cosmetic work and routine maintenance don't qualify.
How to apply
Step 1: Fill in the Get started form on the BetterHomes London website. Eligibility is usually confirmed within 10 business days.
Step 2: Book a home energy assessment (most participants pay about $500 to $700) and plan the project with your retrofit coach.
Step 3: Sign the Property Owner Agreement before starting work, then finish the upgrades within 12 months.
Step 4: Submit your receipts. The loan, minus any incentive, is repaid through your property tax bill.
Get quotes from Ontario installers
Free, no obligation. We pass your request to up to 3 independent installers who serve your area and, where a program requires it, are registered with it.
- 1. Your project
- 2. Your contact details
- Installers checked against your program’s contractor list, where it has one
- Installers pay us, never you
- Sent to up to 3 installers who serve your area. We don't sell or rent lists.
Book an energy assessment
Many rebates need an EnerGuide assessment before any work starts. We'll pass your request to up to 2 energy advisors who serve your area. Free to ask, no obligation; the advisor quotes their fee, and some programs rebate part of it.
- 1. Your project
- 2. Your contact details
- Book it before you sign any contract. Work done before the assessment can disqualify you.
- Energy advisors pay us, never you
- Sent to up to 2 installers who serve your area. We don't sell or rent lists.
Related programs
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Home Renovation Savings Program
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Energy Affordability Program
Income-qualified Ontario electricity customers can get free energy upgrades. These range from free saving kits to a full home visit that can include new appliances, insulation, draft-proofing and, for electric or oil-heated homes, a cold-climate heat pump.
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Sources
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