Canada Greener Homes Loan

The Government of Canada recently announced the Canada Greener Homes Loan to help Canadians make their homes energy efficient with interest-free financing.

Loan Details

Maximum: $40,000
Minimum: $5,000
Repayment Term: 10 years, interest-free
Loan Type: Unsecured personal loan on approved credit

Other Notes:

A maximum of one loan is available per eligible property and homeowner

The loan can only be used to finance eligible products and installations that are part of a retrofit recommended by an energy advisor and eligible for the Canada Greener Homes Grant.

You will not get the entirety of the loan up front – but some may be delivered to you to get the work started. The remainder will only be paid out upon successful completion of your retrofits (verified through a post-retrofit evaluation).


  • Before applying for the Canada Greener Homes Loan you must:
  • Apply and be eligible for the Canada Greener Homes Grant
  • Be a Canadian homeowner and your home must be your primary residence
  • Have completed a pre-retrofit evaluation of your home dated April 1, 2020, or later
  • Have good credit history and aren’t under
    • A consumer proposal
    • An orderly payment of debts program
    • A bankruptcy or equivalent insolvency proceeding

You will be asked to share financial information with the Government of Canada to demonstrate that you have the financial capacity to repay the loan.

Effective August 31, 2022: Homeowners who have already requested a post-retrofit evaluation or received a grant payment will be eligible to apply to the Greener Homes Loan for any remaining eligible retrofits they wish to pursue, that they have not yet started.

Homeowners who have already completed all their retrofits are not eligible to apply for the Canada Greener Homes Loan. However, homeowners may be eligible to apply to the loan for any remaining recommended retrofits that they have not yet started.

This loan cannot be used towards the following:

  • Work already started or completed
  • Retrofits that haven’t been recommended by an energy advisor
  • Retrofits that are not eligible for a Canada Greener Homes Grant
  • Retrofits that aren’t included in your application

How to Apply

1. Apply to the Canada Greener Homes Grant

You cannot access the Canada Greener Homes Loan without first applying for the Canada Greener Homes Grant. (Likewise, you cannot get the pre and post-retrofit evaluations without applying for the Canada Greener Homes Grant and having an application number!)

2. Get a pre-retrofit EnerGuide evaluation

When you apply, you’ll will be given the chance to choose a service provider. We’d love for you to choose Energy Werx SK! Once your application is submitted to us (please be aware that it can take a couple of weeks—we do not get your information immediately!) we will give you a call. If you don’t want to wait for a call, give us a call or use our contact form. However, we cannot move forward with your evaluation until your application has been processed through NRCAN so if you’re reaching out, make sure you have your application number available!

3. Plan your retrofits and get quotes from contractors

Although our energy advisors will provide guidance on the types of retrofits that would be best for your home, we cannot provide recommendations for contractors or service providers.

Note: You cannot ask for a bigger loan if you decide to do more retrofits later, so plan your work before you submit your application.

4. Submit an application to the loan

Log in to your Canada Greener Homes Grant account and click on the button to access the loan portal. You will need to upload the following documents to process the application:

  • Your property tax statement
  • Your driver’s license or other government issued ID together with a utility bill
  • A confirmation of income and employment (for example, a job letter or a T4 slip)
  • Your quotes from the contractors you’ve chosen

The program will calculate the maximum loan amount you are approved for. Don’t forget to accept the loan agreement!

Note: A portion (up to a maximum of 15% of the eligible costs of retrofits requiring an upfront payment) of your loan can be delivered to you up front to pay applicable down payments to contractors. The rest of your loan will not be available until after you have completed the retrofits, submitted your invoices/receipts, and have verified the work done through a post-retrofit evaluation.

5. Complete your retrofits and keep receipts and invoices

Make sure to keep copies of all your receipts and invoices along the way!

6. Get a post-retrofit EnerGuide evaluation

Once the retrofits are done, contact your service provider (Energy Werx SK!) to request a post-retrofit evaluation. The advisor will add the collected information to the grant portal.

Receive your loan amount

Once the work is done, submit your documents to the grant portal. The loan amount will be reviewed based on the actual costs of the completed retrofits.

If the actual costs of the completed retrofits are lower than the initial cost estimates, it will be adjusted downwards.

If the actual costs are higher than the initial cost estimate, it will not increase.

The final amount (less the advance, if you received one), will be deposited into your bank account within 10 days.

7. Repay your loan

You will receive detailed information on the repayment of your loan from NRCAN.