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It’s time to act now if you’ve been considering solar for your home. Canada’s Greener Homes Loan, a cornerstone of our nation’s push for energy efficiency, is on track to be fully subscribed, with projections suggesting the funds could run out by November 2025. For Alberta homeowners, this represents a fantastic, time-sensitive opportunity to finance a significant portion of a solar installation with an interest-free loan. At Solar YYC, we believe in making sustainable energy accessible and affordable for everyone. That’s why we want to ensure our community is well-informed about the urgency surrounding this program. The Greener Homes Loan offers homeowners up to $40,000 in interest-free financing over a 10-year term to undertake retrofits that make their homes more energy-efficient. A new solar panel system is one of the most effective and popular retrofits in the program. The program’s success is its biggest challenge. With over 115,000 households already approved and a recent surge in applications (more than 3,000 new loans per month), the remaining $444 million in funding is depleting rapidly. This is not a program with an open-ended timeline; it’s a first-come, first-served initiative, and the clock is ticking. Waiting to decide could mean missing out on this incredible financial benefit. How to take advantage of the Greener Homes Loan Ending Our team at Solar YYC is dedicated to helping you navigate the process. We can help you understand the requirements for the loan and how a solar installation fits into the program’s guidelines. We know that a solar project is a significant decision, and the sales cycle can take time. This is precisely why acting now is so critical. By beginning your consultation and application process today, you can get ahead of the rush and secure your funding before it’s too late. The potential expiry of the loan doesn’t just affect homeowners; it’s a major consideration for the entire solar industry in Canada. As a leading installer in Alberta, we’re keenly aware of the importance of this program in driving the adoption of clean energy. The Canadian Renewable Energy Association and other industry groups are advocating for an extension or additional funding, but there are no guarantees. The most prudent approach for homeowners is to assume the current funding is ending and to act with a sense of urgency. Don’t let this opportunity pass you by. A solar system not only lowers your utility bills and reduces your carbon footprint, but with the Greener Homes Loan, it’s also more affordable than ever. We’ve seen firsthand the positive impact these installations have on our customers’ lives and the value they add to their homes. Start the process today to ensure you can take advantage of the Greener Homes Loan before the funds are gone. Let us help you go solar with confidence and security. For more information click here to read Charge Solar’s Article about the GHL. Ready to make the switch? Get a quote.