If you own a home in Toronto, there is good news for you. The city of Toronto has announced incentives and interest-free loans of up to $125K for 15 and 20 years.
The enhanced Home Energy Loan Program (HELP) is designed to help Toronto homeowners make their homes more energy-efficient and help reduce carbon emissions, a major contributor to climate change.
Incentives for specific measures include:
Home improvements eligible for financing include:
- Electric heat pumps
- Insulation (attic, wall, basement)
- Upgraded windows/doors
- Air sealing
- Geothermal systems
- Rooftop solar PV
- Tankless water heaters
- Solar hot water systems
- EV charging stations (Level 2) and more
You can see details of the program and the application form at Toronto City’s website at https://www.toronto.ca/news/city-of-toronto-offers-zero-interest-loans-incentives-to-accelerate-home-retrofits-and-emissions-reductions/
If you have any questions or would like to discuss your unique needs and goals, please don’t hesitate to contact me at 416-908-5600. I’m here to help you find the perfect, tailor-made solution.
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A. Q. Mufti
Your Trusted Realtor in Mississauga, Oakville, Milton and beyond.