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City of Toronto’s Home Energy Loan Program Kicks Off

Posted by Milana Cizmar on April 3, 2014
photo credit: giest via photopin cc

photo credit: giest via photopin cc

The City of Toronto has launched a new pilot program that provides low interest loans to homeowners who are interested in making their homes more energy efficient. The program is called HELP – Home Energy Loan Program.

For many people, the high upfront costs of doing energy improvements, such as installing new windows or a new energy efficient furnace, can make it difficult for them to take action. Through HELP, homeowners can access low interest loans from the City that they pay back over time on their property tax bill.

If your home postal code starts with any of these three digits, you are eligible to apply for a HELP loan: M1C; M1E; M1K; M1L; M1M; M1N; M3N; M4B; M4C; M4E; M4J; M4K; M4L; M4M; M5A; M6P; M6S.

As this is a pilot program, only certain areas of the City are eligible at this time, but the Program is expected to open up to more areas in the near future.

By making your home more energy efficient you will improve the comfort of your home, reduce your energy usage and save money on your energy bills. If you are planning to take on a home improvement project, you may also want to consider including some energy efficient upgrades.

Click here to download a Homeowner Guide for the City of Toronto’s Home Energy Loan Program (HELP) and learn how to:

• Make your home more energy efficient

• Increase your home’s comfort for your family

• Reduce your energy usage

• Reduce your energy bills and save money

• Improve the value of your home

• Reduce pollution.

What are some energy efficient home improvements you would like to make to your house? Let me know in the comments section! 

(article courtesy of: Toronto Real Estate Board)

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