Home Energy Efficiency Loan

Overview of the Home Energy Efficiency Loan program:

The Home Energy Efficiency Loan program offered by Manitoba Hydro is designed to help homeowners in Manitoba improve the energy efficiency of their homes. This program provides low-interest financing to cover the costs of eligible energy-efficient upgrades, allowing homeowners to reduce their energy consumption and lower their utility bills.

Benefits of the Home Energy Efficiency Loan program:

• Participants in the Home Energy Efficiency Loan program benefit in several ways:
• Affordable Financing: Homeowners can access low-interest loans to finance energy-efficient upgrades, which can be repaid through convenient monthly installments added to their Manitoba Hydro bill.
• Energy Savings: By making energy-efficient upgrades, homeowners can significantly reduce their energy consumption, leading to lower utility bills and a more comfortable living environment.
• Increased Home Value: Energy-efficient improvements can increase the overall value of the home and make it more attractive to potential buyers.

Eligibility criteria of the Home Energy Efficiency Loan 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 home in which energy improvements are made.
• You must have an active Manitoba Hydro account and be approved for credit from Manitoba Hydro.
• The building must be your primary residence or the primary residence of your tenant.
• Mobile homes on permanent foundations with a permanent water supply are eligible. For geothermal and solar photovoltaic systems, you must own the land where the mobile home is located.
• Indigenous customers living in Band-owned homes are eligible for financing with a Band Council Resolution.
• The home must be detached or semi-detached.
• Upgrades must be made to our recommended levels.