City’s Home Energy Loan Program application portal opens at 6 p.m. Wednesday, May 1
The City of Saskatoon’s Home Energy Loan Program (HELP) will begin accepting new applications on May 1, 2024, at 6p.m., with room for 30-50 new applicants.
HELP provides low-interest loans to single-family homeowners for energy efficiency upgrades and renewable energy installations that are repayable through their property taxes. Homeowners are eligible for loans between $1,000 - $60,000, with flexible repayment terms of five, 10, or 20 years.
Loans are tied to the property, not the person. To be eligible, property owners need to have their property taxes in good standing, and no additional credit checks are needed.
HELP loans are specifically for home energy and water efficiency upgrades, retrofits, and renewable energy installations. Some of the eligible home upgrades include:
- Replacing windows, doors, or heating and cooling equipment with EnergyStar models
- Adding insulation to basements, attics, and walls
- Replacing toilets and faucets to low-flow options
- Installing solar panels
Applications will be processed in the order they are received, and the program administrator will contact applicants after processing to advise of the application status (approved, denied, or waitlisted).
For more information visit saskatoon.ca/HelpHome