Canada Greener Homes Loan
The Greener Home Loan Process
The Canada Greener Homes Loan offers interest-free financing of up to $40,000 to help Canadians make their homes more energy efficient and comfortable. Only certain eligible retrofits that are recommended by an energy advisor and that have not yet been started qualify.
Pre-Retrofit Evaluation
Submit Estimate
Post-Retrofit Evaluation
Request Funding and Receive Loan Amount
Pre-Retrofit Evaluation
To start, let us know that you are interested in the Greener Homes Loan and we will get you in touch with our recommended home energy advisors. They will come and do a pre-retrofit evaluation on your home and make recommendations on upgrades that will make it more energy efficient.
Submit Estimate
Once your pre-retrofit evaluation is completed, you can now pick which new equipment package you prefer. Submit the estimate with your loan application. Once you receive your approval, our skilled installation technicians will install the qualifying equipment.
Post-Retrofit Evaluation
Your energy advisor will return and document the home upgrades and provide you with a report.
Request Funding And Receive Loan Amount. Enjoy!
Submit the final report and request the loan be released. Not only do you get to enjoy the efficient new equipment but also low monthly payments.
What are the loan details?
Maximum: $40,000
Minimum: $5,000
Repayment term: 10 years, interest-free
Loan type: Unsecured personal loan on approved credit.
Can I have more than one loan?
No. A maximum of one loan is available per eligible property and homeowner.
Can I apply for a loan to cover retrofits that have already been started or completed, or for additional retrofits not included in my original application?
No, you cannot apply for a loan to cover work that has already been started or completed. Additionally, the loan cannot be used for retrofits that were not recommended in your pre-retrofit evaluation, nor for any retrofits not included in your initial application. Only retrofits that are eligible for a Canada Greener Homes and listed in your approved application are covered by the loan.
How do I know if the heat pump equipment quoted are on the eligibility list?
In order for the equipment to be eligible it must be on the eligible list of energy-efficient products by Natural Resources of Canada. To see what air source and cold climate air source heat pumps are eligible: visit their site here.
Where can I find additional information on the loan?
For additional questions or information, we recommend visiting Natural Resources of Canada’s website here.
I currently heat my home with oil and want to make the switch. Is there any additional resources for that?
Yes. Please check out Natural Resources of Canada’s website here.
Ready To Apply?
Ready to enjoy energy savings and a more efficient home? Apply for the Greener Home Loan today!
Spring Special:
Extra $100 Off
For a limited time, if ServicePlus makes a direct referral to Energuy on your behalf you could get an additional $100 off our already discounted ServicePlus rate for your first energy assessment!
Ends June 31, 2024