Canada Greener Homes Loan: Funding Could End This Fall — Why You Should Apply Now

If you’ve been thinking about upgrading your home with solar panels, heat pumps, or energy-efficient retrofits, the Canada Greener Homes Loan Program has been one of the best opportunities to do it affordably. But time may be running out.

Recent government data suggests that the program could run out of funds as early as this fall 2025 — leaving thousands of Canadian homeowners without access to these interest-free loans.

Here’s why we believe the program will end soon, and why it’s smart to apply now before the window closes.

What Is the Canada Greener Homes Loan Program?

Launched in Budget 2021, the program provides interest-free loans of up to $40,000 to help homeowners finance energy-saving upgrades like:

• Solar panel installations
• High-efficiency heat pumps
• Better insulation and windows
• Other approved home energy retrofits

For thousands of Canadians, it’s been the most affordable way to reduce utility bills, make homes more comfortable, and cut carbon emissions.

Why the Program Is Running Out of Funding

According to a federal Access to Information release (AF-2025-00009):

• Only $444 million in capital remained at the start of 2025.
• The program is committing about $90 million every month.
• At this rate, funding will be exhausted by fall 2025.

Even though the government added an extra $600 million in 2024, demand has been so strong that the budget is running out quickly.

Once funds run out, homeowners who haven’t applied will be left without access until (and if) the program is renewed.

What Happens If You Wait Too Long

• No more interest-free financing: You’d have to rely on personal loans or lines of credit at much higher interest rates.
• Missed savings: Every month you delay installing solar panels or heat pumps is another month of paying higher utility bills.
• Higher demand later: If the program is renewed, the rush of new applicants could lead to longer wait times and installation backlogs.

Why You Should Apply Now

Applying now ensures you:

• ? Lock in interest-free financing while it’s still available.
• ? Start saving on your energy bills sooner.
• ? Beat the fall rush, when funding could be gone.
• ? Support Canada’s climate goals while boosting your home’s value.

Xolar’s Perspective

At Xolar Inc., we’ve seen firsthand how valuable this program is for homeowners across Canada. Many of our clients have used the Greener Homes Loan to install solar panels at zero interest, drastically lowering their hydro bills and improving energy independence.

But with funding projected to run out soon, we recommend homeowners start the application process immediately.

Take the Next Step Today

Don’t miss out on one of the most affordable financing programs Canada has ever offered for home energy upgrades.

? Request a quote or Book a free consultation with Xolar to see if your home qualifies and start your application before funds disappear.

The sooner you act, the sooner you can lock in interest-free financing and start saving on energy.