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flag Geothermal heating and cooling now powers nearly 30% of new Toronto homes, up from under 1% a decade ago, due to a low-cost, no-upfront-payment model.

flag Geothermal heating and cooling is surging in Toronto, now used in nearly 30% of new homes—up from under 1% a decade ago—thanks to a new "energy as a service" model. flag Companies like Diverso Energy install and maintain deep underground systems at no upfront cost to builders or homeowners, charging a fixed monthly fee instead. flag Since 2018, approved geothermal projects have grown more than tenfold to 101, including condos and single-family homes, driven by lower long-term energy costs, zero on-site emissions, and reduced reliance on fossil fuels.

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