Fix First HomeWhat home-upgrade rebates actually pay — and who you apply to.

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Administered by the City of London, with funding from the Federation of Canadian Municipalities' Green Municipal Fund.

London's home energy loan: up to $40,000 at 2.5% fixed for up to 20 years, repaid on the property tax bill, for projects that cut the home's energy use by at least 25%. Income-qualified owners can add a grant of $2,500 to $10,000, scaled to the energy saved.

source · verified 27 September 2026

What it pays

Interest rate
2.5%, fixed
Most you can borrow
$40,000; the minimum loan is $5,000
Term
10, 15 or 20 years
Project
At least $15,000 in total, 80% of it on energy efficiency, and at least a 25% cut in energy use
Money up front
Up to half, at the start
If you sell
The balance can pass to the next owner
Time to finish
12 months from the property owner agreement
London's own examples: a $30,000 loan at 2.5%
TermA yearTotal interest
20 years$1,925$8,500
10 years$3,425$4,275
Grants for income-qualified participants, by the energy saved
UpgradeConditionUp to
Income-qualified incentive25% cut in energy use$2,500
Income-qualified incentive30% cut$3,000
Income-qualified incentive40% cut$4,000
Income-qualified incentive50% cut$5,000
Income-qualified incentive60% cut$6,000
Income-qualified incentive75% cut$7,500
Income-qualified incentive100% cut$10,000

Who is eligible

Who can apply

  • Homeowners in the City of London only
  • Most pay the first energy assessment, $500 to $700, before approval
  • For the incentive: household income under $95,000 for one person, or under $115,000 for two to five people; larger households contact the programme

What disqualifies you

The rules people find out about after the work is done.

  • Rental properties, for the incentives.
  • Appliances.

Where the application goes

Apply through the programme site while funds last.

Where the application goes
If this is youApply here
Applybetterhomeslondon.ca

The thing most pages get wrong

"Up to $10,000" means net zero. The City's announcement says homeowners may get "additional incentives of up to $10,000, based on the energy savings achieved". The programme's table pays $10,000 only for a 100% cut in energy use, and $2,500 at the 25% minimum, and only to households under the income line.

The loan itself has no income test

Anyone who owns a home in London can borrow; only the grant is income-tested. The programme says a typical project needing a 25% cut costs $20,000 to $30,000, and the annual property tax bill rises by $950 to $4,500.