Low-interest loan of up to $75,000 in Toronto

[Navtaj Chandhoke]

Low-interest loan of up to $75,000 in Toronto

to cover the cost of home energy improvements

Home Energy Loan Program (HELP)

Through the Home Energy Loan Program (HELP), homeowners can get a low-interest loan of up to $75,000 to cover the cost of home energy improvements, such as:

High-efficiency furnaces / boilers / air conditioners

Windows / doors

Insulation

High-efficiency water heaters

Rooftop solar PV panels

Solar hot water systems

Drain-water heat recovery systems

Air Sealing

Toilets

With rates as low as 2%, and terms of up to 15 years,Home Energy Loan Program (HELP) makes it easy for homeowners to avoid the high upfront cost of renovations and access up to $2,250 in incentives from utility companies. Once funding is approved, homeowners can hire the contractor of their choice and complete their renovations.

Homeowners will repay the loan via their property tax bill, and can pay off the loan at any time without penalty.

More info go to city of Toronto or call 311

Home Energy Loan Program

Environment & Energy Division

City of Toronto

55 John Street, 2nd Floor

Toronto, ON M5V 3C6

Nicola Lashley

Program Coordinator

Telephone: 416-392-1826

Email: homeenergyloan@toronto.ca

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