Canada Greener Homes Loan for Solar: Will Funds Run Out? (2025)
Last updated: August 8, 2025
Thinking about going solar? The Canada Greener Homes Loan can help you finance your solar PV system with an interest-free loan up to $40,000. It’s one of the easiest ways to make clean power affordable.
Here’s what you should know—especially if you want panels on your roof this year.
Quick facts (for solar)
What it is: A 0% interest loan for eligible home upgrades, including solar PV.
How much: Up to $40,000 over 10 years (equal monthly payments, no interest).
Status today: Open to new applications as of August 2025.
Important: Funds are limited and given first-come, first-served.
Is the loan still open?
Yes—applications are still being accepted. There’s no official closing date posted. But once the budget is fully used, new applications will stop.
Bottom line: If you’re planning solar this year, don’t wait to apply.
When could it close?
There’s no firm deadline. Based on demand, the loan could be fully subscribed as early as late 2025 if no new funding is added. Think of it like concert tickets—when they’re gone, they’re gone.
Didn’t the Greener Homes Grant end?
Yes. The grant (rebate) closed to new applicants in 2024.
The loan is separate and still open.
Why act now if you want solar?
0% financing spreads the cost over time.
You can start lowering power bills right away.
Installers and equipment can book up fast—applying early helps you secure both funding and an installation spot.
What the loan covers for solar
Solar PV panels, racking, inverter(s)
Related electrical work and permits
Optional add-ons (e.g., monitoring), if part of the eligible project
(All Canada Greener Homes Loan projects require an energy evaluation.)
Simple payment examples (0% over 10 years)
$15,000 system: about $125/month
$25,000 system: about $208/month
$35,000 system: about $292/month
These are examples only—your system size, design, and price may differ. Your energy savings will also vary by location, roof, utility rates, and usage.
How we help (our solar process)
Free solar assessment – We confirm your roof fit, shade, and goals.
Custom design & quote – Clear pricing and expected production.
Loan guidance – We walk you through the Greener Homes Loan steps and documents.
Permits & installation – We handle the paperwork and build your system.
Turn-on & monitoring – We help you track production and savings.
Smart next steps
Book a solar assessment with us.
Get your detailed quote and project plan.
Apply for the loan (we’ll guide you on what to include).
Schedule your installation once approved.
Start generating your own power.
FAQs
Can I stack the loan with other rebates?
Often yes—many provincial, municipal, or utility incentives can be combined. Rules vary; we’ll help you check.
Do I need an energy evaluation for solar?
It may be required depending on your project and location. We’ll confirm the exact steps before you apply.
Can I apply after installing solar?
Generally no. The loan is designed to finance planned work, not reimburse past projects.
What if funds run out?
New applications will close. Approved loans and scheduled projects aren’t affected.
Final word
The Greener Homes Loan is open right now, and it’s one of the best ways to make solar PV affordable with 0% financing. Funding is limited, and demand is high—so if you’re ready, apply soon.
Ready to explore solar? Book your free solar assessment and we’ll walk you through design, pricing, and the loan application—step by step.
