Energy Finance Plan

Overview of the Energy Finance Plan program:

The Energy Finance Plan is convenient on-bill financing for upgrades to gas and electrical systems. It is available to Manitoba Hydro residential, small commercial, farm, and seasonal customers.

Benefits of the Energy Finance Plan program:

• The loan covers the following qualifying upgrades.
• Upgrades to electrical service entrance and panel board equipment.
• Wiring circuits and associated equipment.
• Natural gas piping, venting, delivery, permit costs, and taxes.
• Central air conditioning systems (must have a minimum seasonal energy efficient ratio [SEER] of 13.0).
• Electric/conventional natural gas water heaters (electric must meet CSA C-191 standard).
• Chimney liner in conjunction with a qualifying water heater.
• Electric and natural gas furnaces/boilers for seasonal, farm, and commercial customers.
• Combination heating systems.
• Unit heaters (natural convection, forced air, or forced air infrared).
• Direct vent natural gas fireplaces (built-in and free-standing).
• Security lighting and fixtures when undertaking electrical and energy improvement work.
• Gas pool heaters.
• Permanently installed electronic air cleaners (the use of any plug-in type of power adapter is not allowed).
• Permanently installed dehumidifiers (hard-wired).
• Permanently installed humidifiers (hard-wired).
• Permanently installed air purifiers (hard-wired).
• Furnace UV lights.
• ERVs not rated to 25C.
• Conventional air source heat pumps.
• Radon mitigation (through a C-NRPP certified contractor).

Eligibility criteria of the Energy Finance Plan program:

• Financing is available with the following conditions.
• Manitoba Hydro must approve your application before any work is started or any materials are purchased.
• You must be the owner of the property in which energy improvements are made.
• You must have an active Manitoba Hydro account and be approved for credit from Manitoba Hydro.
• If the upgrade is for a seasonal property that is on seasonal billing, you must be changed to monthly billing to be eligible for the Energy Finance Plan.
• Indigenous customers living in Band-owned homes are eligible for financing with a Band Council Resolution.
• Mobile homes on permanent foundations with a permanent water supply are also eligible.
• The home must be detached or semi-detached.