What Is the Canada Greener Homes Loan?
The Canada Greener Homes Loan provides interest-free financing up to $40,000 for homeowners to upgrade their homes with energy-efficient retrofits, including spray foam insulation To qualify, your project must:
- Target primary residences (no rentals).
- Include eligible upgrades like insulation, windows, or heat pumps
- Pass pre- and post-retrofit EnerGuide evaluations
Why Spray Foam Insulation Maximizes Loan Benefits
Spray foam insulation is a top choice for Greener Homes Loan projects due to its dual role as a thermal barrier and air sealant Here’s how it aligns with loan goals:
- Reduces Heat Loss : Air leakage accounts for 25–40% of energy waste in homes.
- Long-Term Savings : Spray foam’s durability lowers long-term energy costs, enhancing ROI
- Compliance Ready : Meets loan requirements for air sealing and energy efficiency.
Step-by-Step Guide to Using the Loan for Spray Foam
Step 1: Verify Eligibility
- Who Qualifies : Primary homeowners in Canada (excluding rentals).
- Documentation : Proof of homeownership (property tax bill) and pre-retrofit EnerGuide report.
Step 2: Partner with MUS Energy Solutions
- Schedule a free consultation to design a custom spray foam solution for attics, walls, or basements.
- Ensure compliance with loan standards (e.g., blower door testing).
Step 3: Apply for the Loan
- Submit your EnerGuide report and MUS Energy quote to Natural Resources Canada (NRCan).
- Approval typically takes 5–10 business days.
Maximize Savings: Combine Loan + Provincial Rebates
| Program | Spray Foam Incentives | Max Savings |
|---|---|---|
Canada Greener Homes |
Up to $40,000 (interest-free) |
$40,000 |
Ontario Home Efficiency |
Attic insulation: $1,500 |
$3,600 |
Toronto Low-Income |
Free insulation + draft-proofing |
Varies |
Frequently Asked Questions (FAQs)
- Q1: Can I use the Greener Homes Loan for spray foam insulation? Yes! Spray foam insulation qualifies as an eligible retrofit under the loan, provided it meets air-sealing and energy-efficiency standards.
- Q2: How long does the loan approval take? Approval typically takes 5–10 business days after submitting your EnerGuide report and contractor quotes.
- Can I combine the loan with other rebates? The Canada Greener Homes Loan is still available, but it cannot be combined with other rebates or incentives, such as the Canada Greener Homes Grant.
- Q4: Does spray foam insulation require ventilation? Yes. MUS Energy Solutions recommends installing an HRV (Heat Recovery Ventilator) if spray foam reduces natural airflow.
Why Choose MUS Energy Solutions?
- Loan-Compliant Expertise : Blower door testing and HRV recommendations ensure your project meets standards.
- Local Service : Serving Ottawa, Perth, Calabogie, and beyond with tailored solutions.
- End-to-End Support : From EnerGuide coordination to rebate documentation.
Areas We Proudly Serve:
Ontario
Frontenac, Lanark, Leeds and Grenville, Lennox and Addington, Ottawa, Prescott and Russell, Renfrew, Stormont, Dundas and Glengarry
Quebec
Antoine-Labelle, Argenteuil, Beauharnois-Salaberry, Deux-Montagnes, Gatineau, L'Assomption, La Rivière-du-Nord, La Vallée-de-la-Gatineau, Laval, Le Haut-Saint-Laurent, Les Collines-de-l'Outaouais, Les Laurentides, Les Moulins, Les Pays-d'en-Haut, Longueuil, Mirabel, Montréal, Papineau, Pontiac, Roussillon, Thérèse-De Blainville, Vaudreuil-Soulanges,