Home energy loans in Canada
25 current programs across Canada pay for home energy upgrades, in 10 provinces and territories including 1 federal program. The largest is HomeSave Central Kootenays Retrofit Rebate and Loan Access, at up to $5,000 in Regional District of Central Kootenay, Nelson and other areas, British Columbia.
With the federal Greener Homes Loan closed, financing now comes from municipal property-tax programs (CEIP/PACE), utility on-bill loans and a few provincial options. These can cover what rebates don't. We compare rates, terms and who qualifies.
Programs last verified
Home energy loans: the most you can get, by province
Program maximums you could stack if you qualify for each, from programs open today. Loans and city-only programs are not added.
Income-qualified households can get more; see each province.
Federal programs
Apply in every province and territory.
- Last verified October 12, 2026OpenFederalCanada-wide
CMHC Eco Plus
A 25% refund of your CMHC mortgage insurance premium when you buy a newly built, energy-efficient home with a CMHC-insured mortgage.
Varies
Rebate
Provincial, utility and city programs
- Last verified October 12, 2026OpenUtilityBritish Columbia
FortisBC Heat Pump Loan
Low-interest financing of up to $6,500 at 1.9% over ten years for FortisBC electricity customers replacing electric heat with an air source heat pump.
$6,500
max loan
Loan - Last verified October 12, 2026OpenMunicipalNelson
Nelson Hydro On-Bill Financing (EcoSave Energy Retrofit Loan)
City of Nelson homeowners can borrow up to $16,000 for energy efficiency upgrades and repay it on their Nelson Hydro electric bill. The July 2026 terms show a 3.5% fixed rate over 2, 5 or 10 years.
$16,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalNanaimo
Nanaimo Home Energy Retrofit Financing Program
Nanaimo homeowners can borrow up to $15,000 interest-free for heat pumps, insulation, windows and doors, solar and batteries, repaid over 10 years on the property tax bill. The current intake runs September 14 to October 31, 2026.
$15,000
max 0% loan
Interest-free loan - Last verified October 12, 2026OpenMunicipalCentral Saanich
Central Saanich Heat Pump Financing Program
Central Saanich offers up to $12,000 in interest-free financing, repaid on the property tax bill over 10 years, to replace an oil, propane or natural gas furnace or boiler with an electric heat pump. Funding for 2026 covers only four homes.
$12,000
max 0% loan
Interest-free loan - Last verified October 12, 2026OpenMunicipalRegional District of Central Kootenay, Nelson, Castlegar, Creston, Kaslo, Nakusp, New Denver, Salmo, Silverton, Slocan
HomeSave Central Kootenays Retrofit Rebate and Loan Access
Homes anywhere in the Regional District of Central Kootenay can earn a $2,500 or $5,000 rebate for upgrades that cut energy use by at least 20% or 50%, plus free advice, subsidized EnerGuide evaluations and access to a credit union retrofit loan.
$5,000
max rebate
Rebate
- Last verified October 12, 2026OpenMunicipalAirdrie, Banff, Beaumont, Calgary, Canmore, Cold Lake, Devon, Drayton Valley, Edmonton, Grande Prairie, Jasper, Lac La Biche County, Leduc, Lethbridge, Medicine Hat, Okotoks, Pincher Creek, Rocky Mountain House, Spruce Grove, St. Albert, Stettler, Stirling, Strathcona County, Sturgeon County, Taber, Westlock, Wetaskiwin
Clean Energy Improvement Program (Alberta)
Property-tax-based financing that can cover up to the full cost of energy efficiency and renewable energy upgrades in participating Alberta municipalities.
Varies
Loan - Last verified October 12, 2026WaitlistMunicipalEdmonton
City of Edmonton Residential Clean Energy Improvement Program
Edmonton's property-tax financing for home energy upgrades, from $3,000 up to $50,000 at a fixed 6% rate; new pre-qualifications are being waitlisted.
$50,000
max loan
Loan - Last verified October 12, 2026UpcomingMunicipalCalgary
City of Calgary Residential Clean Energy Improvement Program
Calgary's property-tax financing for home energy upgrades of up to $50,000; residential intake is closed until winter 2026/2027.
$50,000
max loan
Loan
- Last verified October 12, 2026OpenMunicipalSaskatoon
Saskatoon Home Energy Loan Program
Low-interest loans of $1,000 to $40,000 (up to $60,000 for deep retrofits) for Saskatoon homeowners, repaid on the property tax bill, plus a $1,000 rebate toward EnerGuide evaluations.
$60,000
max loan
Loan
- Last verified October 12, 2026OpenProvincial
Affordable Home Energy Program: Ground Source Heat Pump Offer
Qualifying Manitoba homeowners can install a ground source (geothermal) heat pump with no upfront cost and repay a fixed, interest-free $75 a month for 15 years ($13,500 in total) on their energy bill.
Varies
Interest-free loan - Last verified October 12, 2026OpenUtility
Manitoba Hydro Home Energy Efficiency Loan
On-bill financing from Manitoba Hydro of up to $12,500 per home, or up to $20,000 when it includes a ground source heat pump or solar, at 6.20% for the first five years.
$20,000
max loan per home
Loan
- Last verified October 12, 2026OpenMunicipalOttawa
Better Homes Ottawa Loan Program
Ottawa homeowners can borrow $10,000 to $125,000 at a fixed 4.33% over 20 years for energy retrofits, repaid on the property tax bill. The program also offers per-ton heat pump incentives and a limited-time $600 loan reduction for EnerGuide assessments.
$125,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalDurham Region
Durham Greener Homes Loan Program
Durham Region homeowners (outside Pickering) can borrow up to $125,000 at a fixed 2% over 15 years for energy retrofits, repaid on the property tax bill, along with free coaching and a free weather-readiness home assessment.
$125,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalToronto
Home Energy Loan Program
Toronto homeowners can borrow up to $125,000 at a fixed low rate for energy upgrades and repay it on the property tax bill over up to 20 years. Heat pump-only and solar-only projects no longer need an EnerGuide assessment.
$125,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalPeterborough
Better Homes Peterborough
Peterborough homeowners and landlords can finance energy retrofits with a City loan of $10,000 to $50,000 at 4.50% fixed over 15 years, or a Kawartha Credit Union loan, and earn performance incentives of up to $3,600 for large energy savings.
$50,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalLondon
BetterHomes London
London homeowners can borrow up to $40,000 at a fixed 2.5% rate for energy retrofits and repay it on the property tax bill over 10, 15 or 20 years. Households under the income limits can also get up to $10,000 in incentives that reduce what they repay.
$40,000
max loan
Loan - Last verified October 12, 2026OpenMunicipalWaterloo Region, Cambridge, North Dumfries
RetrofitWR
GrandBridge Energy customers in Cambridge and North Dumfries can borrow up to $40,000 at 2.5% for home energy retrofits, repaid on their monthly hydro bill, plus heat pump and income-qualified incentives. Free energy coaching is open to homeowners across Waterloo Region.
$40,000
max loan
Loan - Last verified October 12, 2026WaitlistMunicipalGuelph
Guelph Greener Homes
Guelph offers 0% interest loans of up to $50,000 for home energy upgrades, but loan funding is nearly used up and new applicants go on a waitlist. Low-income households can still apply for grants of up to $15,000 toward an air-source heat pump.
$50,000
max 0% loan
Interest-free loan
- Last verified October 17, 2026OpenUtilitySaint John
Zero30 Heat Pump Rental Program
Saint John Energy rents ductless mini-split heat pumps with no upfront cost, from $55.36 a month for Saint John Energy customers, including installation, inspections, repairs and replacement. Customers with a good payment history can instead finance a heat pump of their choice, up to $10,000 over seven years.
$10,000
max loan
Loan
- Last verified October 12, 2026OpenMunicipalHalifax
HalifACT Home Energy Upgrade Program
Owners of oil-heated Halifax homes built before 2000 can finance heat pumps, insulation and electric water heaters at a fixed 4.75% over 10 years, if the upgrades cut the home's energy use by at least half.
Varies
Loan - Last verified October 11, 2026OpenMunicipalHalifax
Solar City
Halifax property owners can finance a solar installation through the municipality at a fixed rate and repay it over ten years as a charge separate from their tax bill.
Varies
Loan
- Last verified October 11, 2026OpenProvincial
Energy Efficiency Loan Program
Homeowners pre-approved under PEI's home insulation rebates can borrow up to $10,000 from Finance PEI to cover the upfront cost of envelope upgrades.
$10,000
max loan
Loan
- Last verified October 12, 2026OpenUtility
Utility On-Bill Financing
Newfoundland Power and NL Hydro customers who own their homes can finance heat pumps, insulation and other efficiency upgrades on their power bill; NL Hydro lends up to $10,000 over 60 months for heat pumps.
$10,000
max loan
Loan
- Last verified October 11, 2026OpenProvincial
Better Buildings Program
Yukon property owners can borrow up to $50,000 for home energy retrofits at a rate tied to the Bank of Canada rate and repay it through a local improvement charge on their property taxes.
$50,000
max loan
Loan
Closed programs for loans & financing11 programs no longer taking applications, with what replaced them
- Last verified October 12, 2026ClosedFederalCanada-wide
Canada Greener Homes Loan
An interest-free loan of $5,000 to $40,000 for energy retrofits that closed to new applicants on October 1, 2025. Homeowners already approved can still finish their projects.
$40,000
max 0% loan
Interest-free loan - Last verified October 12, 2026ClosedFederalCanada-wide
Canada Secondary Suite Loan Program
A proposed low-interest federal loan of up to $80,000 for adding a secondary suite. It never opened to applicants, and Budget 2025 confirmed it will not be implemented.
Varies
Loan - Last verified October 12, 2026ClosedMunicipalKingston
Better Homes Kingston
Kingston's property-tax retrofit loan of up to $50,000, plus rebates for Utilities Kingston natural gas customers, came back in 2026 but is no longer taking applications. You can join the City's waitlist to hear about the next round.
$50,000
max loan
Loan - Last verified October 12, 2026ClosedMunicipalAmherst, Bridgewater, Cumberland County, East Hants, District of Lunenburg, Victoria County, District of Barrington, District of Chester, District of Digby, Inverness County, New Glasgow, District of Yarmouth
Clean Energy Financing
Clean Energy Financing, which let homeowners in 12 Nova Scotia municipalities repay energy upgrades through their property tax bill, is no longer accepting new applications.
$40,000
max loan
Loan - Last verified October 12, 2026ClosedMunicipalCharlottetown
Switch Charlottetown
Charlottetown's 0% property-linked financing for heat pumps, solar, insulation and other upgrades is fully subscribed and no longer accepting new projects.
$40,000
max 0% loan
Interest-free loan - Last verified October 12, 2026ClosedMunicipalHamilton
Better Homes Hamilton Pilot Program
Hamilton's pilot offered 0% loans of up to $20,000 for insulation, air sealing and heat pumps, repaid through property taxes. It closed to applications on February 1, 2024.
$20,000
max 0% loan
Interest-free loan - Last verified October 12, 2026ClosedMunicipalSaanich
Saanich Heat Pump Financing Program
Zero-interest financing of up to $12,000, repaid on your property taxes over 10 years, for Saanich homes replacing oil, gas or propane heat with an electric heat pump.
$12,000
max 0% loan
Interest-free loan - Last verified October 17, 2026ClosedMunicipalBurlington
Better Homes Burlington Zero-Interest Heat Pump Loan
Burlington offered a limited number of zero-interest loans of up to $10,000 to help homeowners switch from gas or oil heating to an air-source heat pump. The loan has ended, but the City's free Better Homes Burlington concierge service continues.
$10,000
max 0% loan
Interest-free loan - Last verified October 12, 2026ClosedMunicipalLethbridge
City of Lethbridge Clean Energy Improvement Program
Lethbridge’s property-tax financing covers up to 100% of home energy upgrades at a fixed 2.83% over up to 25 years, with a $1,350 rebate on completed projects. The program is at capacity and isn’t taking new pre-qualifications.
Varies
Loan - Last verified October 12, 2026ClosedMunicipalSt. Albert
City of St. Albert Clean Energy Improvement Program
St. Albert’s property-tax financing covers up to 100% of home energy upgrades at a low rate, with a $1,400 incentive on completed projects. Pre-qualification closed on October 1, 2026 because the program is at capacity.
Varies
Loan - Last verified October 12, 2026ClosedMunicipalStrathcona County
Strathcona County Clean Energy Improvement Program
Strathcona County’s property-tax financing covers up to 100% of home energy upgrades at 2% over up to 20 years, with a 5% incentive on completed projects. The program is at capacity and closed to new pre-qualifications.
Varies
Loan
Using rebate financing well
General advice. Each program’s own rules come first.
- Loans don't reduce your cost
- Loans spread the cost out; rebates and grants reduce it. Count them separately when you compare offers.
- Read the repayment terms
- Municipal programs often attach repayment to your property tax bill. Check what happens if you sell the home.
- Line up the rebates first
- Many loans cover your costs before rebates arrive. Make sure the rebate applications are in order so the loan isn't larger than you need.
Get up to 3 quotes
Tell us where you live and what you’re planning. We’ll send your request to up to 3 installers who know the local rebate paperwork.
We’re independent. We never take rebate applications or charge you to apply; always apply through the official program.
Request quotes
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.