Funding and Financing
Grant, loan, and rebate programs for home retrofits are constantly changing. Your registered energy advisor will have the latest information. The BetterHomesTO Rebates + Incentives page also is a good reference for programs currently available, including:
Canada Greener Homes Grant, Home Efficiency Rebate Plus (HER+) - In Ontario, the Canada Greener Homes Grant is now co-delivered by Natural Resources Canada (for applicants who applied prior to January 4, 2023), and by Enbridge Gas (for new applicants) under the HER+ program (info for homeowners outside Ontario here). Rebates of up to $10,000 are available for recommended and eligible retrofits on your principal residence, such as:
- home insulation
- air sealing
- space and water heating (including air source heat pumps)
- windows and doors
You can also receive a grant of up to $600 towards the cost of your pre- and post-retrofit EnerGuide evaluations.
The Canada Greener Homes Loan offers an interest-free loan of up to $40,000 with a repayment term of 10 years, open to homeowners who have an active application (at the pre-retrofit stage) with the Canada Greener Homes Grant.
Oil to Heat Pump Affordability Program is for low-to-middle-income homeowners in Canada who use oil to heat their homes and want to save operational costs and energy by switching to an air source heat pump. Qualified homeowners can receive an up-front grant of $5,000 to replace your oil furnace with a heat pump - this is on top of other available rebates, such as the Canada Greener Homers Grant HER+ program.
City of Toronto Home Energy Loan Program (HELP) - low interest fixed-rate loans up to $125,000 amortized over 20 years, repaid via your property tax bill and transferrable to new homeowner if you sell your home. Eligible projects:
- High-efficiency furnaces / boilers / air conditioners
- Air source heat pumps
- Window / door replacements
- Basement/attic/exterior wall insulation
- Air sealing (e.g. weather stripping or caulking)
- Geothermal systems
- High-efficiency water heaters
- Tankless water heaters
- Drain-water heat recovery systems
- Toilet replacements
- Solar hot water systems
- Rooftop solar PV panels
- Electric vehicle charging stations (Level 2)
- Battery storage
City of Toronto Basement Flooding Protection Subsidy - up to $3,400 per property to install basement flood protection devices like sump pumps and backwater valves
Eco Roof Incentive Program - incentives to support the installation of green roofs or cool roofs on Toronto homes and buildings, including residential.
Energy Affordability Program - free energy-efficiency upgrades for income-eligible homeowners and tenants, as well as an in-home energy assessment to help uncover more ways to save. Qualified applicants may receive:
- ENERGY STAR®-certified LED light bulbs
- High-efficiency showerheads (standard and handheld)*
- Faucet aerators (kitchen and bathroom)*
- Drying line for clothes
- Energy-efficient refrigerator
- Window air conditioner
- Smart power strip
- Additional attic or basement insulation**
- Weatherstripping around doors and windows**
- Smart thermostat(s)**
*for homes with electric hot water heating
**for homes heated by electricity
Home Winterproofing Program - available to income qualifying Enbridge Gas customers who live in homes built before 1980. Qualified applicants receive free home improvements, including:
- draft proofing
- smart thermostat installation
Smart Thermostat Program - Enbridge customers who live in detatched, semi-detatched, or row townhouses can get an instant $75 rebate towards a qualifying smart thermostat purchase at specific retailers. Smart thermostats make sense if you are still using natural gas or oil for your home heating.
Note: Many of the above programs require a pre and post EnerGuide home energy audit. The initial energy audit is eligible for reimbursement through the HER+ grant.