Better Homes Peterborough
Run by City of Peterborough (with EnviroCentre and Kawartha Credit Union)
Better Homes Peterborough offers homeowners and landlords low-interest loans of up to $50,000 for heat pumps, insulation, air sealing and more in Peterborough, Ontario. You need an energy assessment before any work starts.
Loans up to
$50,000
Verified
You apply on betterhomesptbo.ca
At a glance
| Maximum amount | $50,000 CAD (2026)Loans up to $50,000 + performance incentives up to $3,600 |
|---|---|
| Funding type | Loan |
| Status | Open |
| Who can apply | Homeowners, Landlords |
| Energy assessment required | Yes, before you start |
| Income-tested | No |
| Deadline | No end date published |
| Where | Peterborough, Ontario |
| Level | Municipal |
| Run by | City of Peterborough (with EnviroCentre and Kawartha Credit Union) |
| Official page | betterhomesptbo.ca |
| Last verified | |
| Verified by | Rebate Researcher, RebateHub |
| Confidence | HighEvery figure matches the official program pages. |
Better Homes Peterborough. RebateHub.ca, https://rebatehub.ca/rebates/on-peterborough-better-homes#key-facts. Last verified October 12, 2026. Official source: https://www.betterhomesptbo.ca/
What you can get
| Upgrade | What you get | Up to |
|---|---|---|
| City local improvement charge loan$10,000 to $50,000 at 4.50% fixed, 15 yearsRepaid on your property tax bill. $450 application fee added to the loan, with no interest on it. Up to 50% of the estimated cost can be advanced. | $10,000 to $50,000 at 4.50% fixed, 15 years | $50,000 |
| Kawartha Credit Union loanUp to $50,000 at 4.95% variable, 5 yearsFor borrowers who qualify. $450 application fee. | Up to $50,000 at 4.95% variable, 5 years | $50,000 |
| Performance incentive (first 26 applicants)$1,500 (30-59% reduction) or $3,600 (60% or more)Applied as a discount on your loan balance. Savings verified by EnerGuide assessments. | $1,500 (30-59% reduction) or $3,600 (60% or more) | $3,600 |
| Performance incentive (standard)$1,000 (30-59% reduction) or $2,000 (60% or more)Applied as a discount on your loan balance. | $1,000 (30-59% reduction) or $2,000 (60% or more) | $2,000 |
| EnerGuide assessment rebate$600Not available if you get a similar rebate from another program. | $600 | $600 |
| Air sealing rebate$250When you meet your home's air-sealing target. | $250 | $250 |
How it works
Better Homes Peterborough helps city homeowners and landlords plan and pay for energy retrofits such as air sealing, insulation, windows, doors, heat pumps and solar. You can finance the work with a City local improvement charge loan of $10,000 to $50,000 at 4.50% fixed over 15 years, repaid on your tax bill, or with a five-year Kawartha Credit Union loan of up to $50,000 at a variable rate (4.95% for those who qualify). Non-energy work can be financed up to 30% of the cost of the energy upgrades.
Projects need pre- and post-retrofit EnerGuide assessments. To be approved, a project must include air sealing (where the home is leaky) plus a whole-home cold-climate heat pump, a solar system, or a set of upgrades that cuts energy use or emissions by at least 25%. Performance incentives, applied as a discount on the loan, reward bigger savings, and the program also offers a $600 assessment rebate, a $250 air-sealing rebate and a free electrical panel load assessment. Energy coaching is included.
Who qualifies
- Detached, semi-detached, townhouse or multi-unit building (up to 3 storeys) in the City of Peterborough with a City property tax account.
- Owner-occupied or rental; all owners must agree. No income test.
- Taxes and City accounts in good standing for 5 years, or a credit score of at least 600 for newer owners. Not in CMHC's mortgage deferral or the City's tax deferral program.
- Up to $50,000 per property in total, across up to two applications.
How to apply
Step 1: Complete the application form at betterhomesptbo.ca (City review takes about 10 business days), or call 1-888-284-9417.
Step 2: After the introduction call and Notice to Proceed, book a pre-retrofit EnerGuide assessment and an energy coaching session.
Step 3: Submit a funding request with contractor quotes and choose the City loan or the Kawartha Credit Union loan.
Step 4: Complete the work (only costs after you sign the program agreement count), then book the post-retrofit assessment and submit the Project Completion Report.
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.
Stacks with this program
The program says these can be combined with it for the same home. Check each one’s rules for the same upgrade before you count on both.
- Last verified October 12, 2026OpenProvincialOntario
Home Renovation Savings Program
Ontario's main home-retrofit rebate program. You can claim single upgrades such as a heat pump, attic insulation, solar with a battery, a smart thermostat or ENERGY STAR appliances without an energy assessment, or do an assessment and two or more upgrades for envelope rebates.
$12,000
max rebate
Rebate
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Home Winterproofing Program
Income-qualified households heated by Enbridge natural gas can get a free home energy assessment, plus free insulation, draft-proofing and a smart thermostat where needed.
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Sources
Other sources we checked