$40,000 Canada Greener Homes Loan

The Canadian government offers homeowners a $40,000 interest-free loan for energy-efficient upgrades, including solar panel installation. Through the Canada Greener Homes Loan, eligible applicants can finance solar power systems and repay the amount over 10 years at 0% interest.

Key Loan Details

• Loan Amount: 5,000–5,000–40,000
• Term: Up to 10 years
• Interest Rate: 0%
• Note: The separate Greener Homes Grant (a $5,000 rebate) is no longer accepting new applications.

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How to Apply for the $40K Solar Loan

1. Pre-Construction Energy Audit – Required before application. Kuby Energy can help expedite this step.
2. Plan Your Solar Installation – Work with Kuby Energy to design your system. Tip: Since loan increases aren’t permitted, plan all upgrades upfront.
3. Submit Your Application – Upload required documents (e.g., property tax statement, ID, proof of income, and your Kuby Energy quote) via the Greener Homes portal.
4. Complete Installation – Kuby Energy handles your solar panel setup.
5. Post-Construction Audit – Verify the work to finalize the loan.
6. Receive Funds – The loan is disbursed after audit approval.

Kuby Energy assists with paperwork and guides you through the entire process.

Please contact us to help plan and execute your project. We will work with you throughout the process and deal with as much of the paperwork as we are allowed to.

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Upfront Deposits & Payments

• Receive 15% of your approved loan amount in advance (25% for off-grid or Northwest Territories homes) to help cover initial deposits.
• The remaining funds arrive within 10 days of post-audit submission.

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Canada Greener Homes Loan Eligibility

The Greener Homes Loan is an unsecured personal loan meaning it is not tied to one of your assets such as a mortgage or home equity line of credit is to your house.

Because of this, applicants must have good credit history and not be under a current consumer proposal, an orderly payment of debt program, or bankrupt proceeding. Proof of good credit may be required during your application.

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Residential Solar Loan Applicants

Applicants must be eligible for the Greener Homes Grant program, complete a pre-construction energy audit, be a Canadian homeowner, and install solar panels on your primary residence.

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Multi-Unit Residential Building 0% Interest Loan Applicants

Multi-Unit Residential Buildings (“MURBs”) can apply for the low-interest solar loan if they meet some additional requirements.

Exact requirements are dependent whether the owner lives in the building, and how many units are in the building.

Townhomes, row houses, retirement homes, side-by-side duplexes and homes with secondary suites are not considered MURBs and are not eligible for additional funding under this category.

Owner’s of townhomes, duplexes, or homes with secondary suites can apply for the $40K interest free loan.

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Indigenous Low Interest Loan Applicants

Indigenous group applicants can register multiple homes for this program if they own the home(s) and/or have a formal partnership to represent the owners. In such a case, the home does not need to be the owner’s primary residence.

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Conclusion

The $40,000 Canada Greener Homes Loan makes solar panels for your home more affordable than ever. The loan program provides interest-free loans up to $40,000 at 0% interest. This can stack on top of other rebates. For a full overview of active rebates, please visit our guide on Grants, Rebates and other Incentives.

Please contact Solar by Kuby if you have any questions about the programs mentioned here or solar power systems in general.

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