Through the City’s Sustainable Energy Plan Financing program, building owners can access low-interest financing to undertake energy retrofits. Eligible buildings include academic, social, healthcare, industrial, and commercial sector building, including privately-owned buildings and condominium buildings (not individual residential units), and not-for-profits.

Fixed-rate financing, for up to 100% of the project cost, is available at the City’s cost of borrowing, with a maximum payback period of 20 years.

To be eligible, projects must meet technical and financial requirements and include one or more of the following:

  • lighting retrofits
  • equipment replacement including chillers and HVAC
  • building envelope improvements
  • building automation systems and controls
  • renewable energy projects
  • energy storage
  • other measures/technologies on a case-by-case basis

How to apply

  1. Complete and submit an Intent to Apply.
  2. Following a review by the City, eligible applicants will be asked to complete a detailed application, which includes:
    • a detailed project summary;
    • a feasibility or engineering study describing the technical and financial details of the proposed project;
    • a project management plan; and
    • a measurement and verification plan.

To receive an Intent to Apply, please email bbp@toronto.ca.