Call us to discuss the various financing options available to you when planning heating, cooling and energy efficiency upgrades to your home.
Power Smart Residential Loan
Make your home more comfortable and energy efficient with Manitoba Hydro's Power Smart Residential Loan!
The loan covers the following measures: adding insulation, installing ventilation, sealing air leaks, replacing windows and doors, lighting, electrical service and wiring, and upgrading the efficiency of your existing furnace or water heater. It does not cover: central air conditioning.
The borrowing Limit: up to $5,000 per residence. The minimum loan is $500.No down payment is required. The maximum term is 60 months, and the minimum monthly payment is $15. Annual interest rate is fixed at 4.9% (O.A.C.). Monthly installments will be included on your energy bill. Hire a contractor or, to do the renovations work yourself, contact your participating retailer.
Applicant must be a Manitoba Hydro customer, and the owner of the home in which energy improvements are to take place. Upgrades must be made to levels recommended by Manitoba Hydro.
For more information on this financing option, call or email us