We’re excited to announce the launch of Better Homes Peterborough, a brand-new retrofit financing program designed to help local residents lower their energy bills, improve home comfort, and take action on climate change.
This four-year program offers low-interest financing, targeted incentives, and personalized support to make energy-efficient upgrades easier and more accessible for homeowners across the City of Peterborough.
Whether you’re looking to install a heat pump, upgrade your insulation, replace drafty windows, or even add solar panels or an EV charger, Better Homes Peterborough is here to help you make it happen—with expert guidance every step of the way.
“Retrofitting your home is not just an investment in your house, but an investment in the collective future of our residents and our city,” said Mayor Jeff Leal. “By taking individual steps to reduce our emissions we can help the City hit its target of net-zero by 2050. Better Homes Peterborough is a key part of that effort.”
Who is eligible?
The program is open to property owners in the City of Peterborough who own:
- Detached or semi-detached homes
- Townhouses
- Small multi-unit buildings (up to three storeys)
Homeowners can finance a wide range of upgrades, including:
- Insulation, air sealing, and high-performance windows and doors
- Heat pumps and high-efficiency electric water heaters
- Solar panels, battery storage, and EV chargers
- Electrical upgrades and high-efficiency lighting
You can even allocate up to 30% of your loan toward cosmetic or non-energy-related renovations—so the upgrades you need can come with the updates you want.
Two flexible financing options
Better Homes Peterborough offers two loan options to meet different homeowner needs:
- A Local Improvement Charge (LIC) Loan through the City of Peterborough
- A personal loan through Kawartha Credit Union
“We are proud to partner with the City of Peterborough on Better Homes Peterborough,” said Norah McCarthy, President & CEO of Kawartha Credit Union. “This program reflects our commitment to sustainability and to empowering homeowners in our communities to embrace a greener future for all.”
A strong partnership
The program is delivered by the City of Peterborough, in partnership with EnviroCentre, Kawartha Credit Union, and Peterborough GreenUP, bringing together deep expertise in energy efficiency, financing, and community support.
“Programs like Better Homes Peterborough show what’s possible when municipalities, financial institutions, and delivery partners work together to remove barriers to deep energy retrofits,” said Melanie Johnston, Director of Energy Programs at EnviroCentre.
“The coaching that this program provides is critical to helping homeowners make their homes more comfortable and efficient,” added Tegan Moss, Executive Director of GreenUP. “We’re proud to support a program that will reduce emissions and improve quality of life in our region.”
Ready to learn more?
Explore the website or call us toll-free at 1-888-284-9417 to learn more. You can also book a free consultation with our Energy Coach, Clara Blakelock, for expert advice on where to start and how to get the most out of your retrofit journey.