Financing

We believe everyone should have the opportunity to make smart financial decisions. Today, there are excellent financing options available specifically tailored to environmentally friendly home upgrades. These allow you to add value and comfort to your home without breaking the bank. Often times a large portion of the financial cost can be absorbed through reduced energy bills. We do our best to be upfront and transparent with our pricing, but please feel free to contact us if you have any further questions.

Greener Homes Loan

The Greener Homes Loan is probably the best option available to Canadian consumers when it comes to funding home improvements. While the upfront investment can be hefty, the pay-off is definite with a 10 year, 0% financing term up to a maximum of $40,000. When using the Greener Homes Loan, all installations must be paid for upfront, before being re-imbursed by the Government of Canada. This process can take time, but is easily navigated.

Example pricing

In Alberta residences are limited in the size of installation they may do, based on their annual consumption of electricity. For solar to make the most sense, it is recommended that homes cover as much of their annual usage as possible, ideally even extending in to transportation. In Southern Alberta we receive about 1400 hours of “good” sunlight annually, which is what production numbers are based off of. This will vary by region.

Ex. House = 12,000 kwh/year annual electricity consumption
12,000 kwh/1400hr Sun = 8.5kw Solar system
8500w Solar System x $2.75/w = $23,375
3 Ton Central-Air Heat pump and Gas Furnace = $14,000
Electrical service upgrade = $2500
Total upgrade cost = $39,875

Cost of Financing at 0% = $332.30/month for 10 years