Manitoba Hydro offers multiple Residential Loan options to help you upgrade your home to be more energy efficient. The program that we are involved with is affordable and convenient. Manitoba Hydro adds the monthly payment onto your monthly hydro bill and there is no down payment required! In addition, we will gladly send by one of our Licensed HVAC Technicians to go over and fill out all the paperwork with you, which makes the whole process that much easier. Once it is filled out, we will submit the paperwork to Manitoba Hydro and will contact you once it’s approved to pick a date for the installation.
Home Energy Efficiency Loan
The Home Energy Efficiency Loan program, also known as HEEL, now covers all eligible upgrades.
You can finance up to $12,500 per residence with these limits by technology:
| Eligible upgrades | Max amount by technology1 | Maximum terms | |
| Efficiency upgrades |
air leakage sealing | $7,500 | 5 years |
| ground source heat pumps | $20,0002 | 15 years | |
| cold climate air source heat pumps | $10,000 | 15 years | |
| insulation | $7,500 | 5 years | |
| level 2 electric vehicle charger | $3,000 | 5 years | |
| natural gas furnaces and boilers | $7,500 | 15 years | |
| solar photovoltaic system | $20,0002 | 15 years | |
| space heating equipment | $7,500 | 5 years | |
| water heating equipment | $7,500 | 5 years | |
| windows and doors | $7,500 | 5 years | |
| ventilation | $7,500 | 5 years | |
| NEW upgrades |
central air conditioning | $5,000 | 5 years |
| conventional air source heat pumps | $5,000 | 5 years | |
| electrical equipment upgrades | $5,000 | 5 years | |
| radon mitigation | $5,000 | 5 years | |
| 1 This amount is included in the $12,500 limit per residence. 2 Total value of all accumulated Home Energy Efficiency Loans cannot be more than $20,000. |
|||
Application Process
We offer FREE Install estimated for Furnace or Air Conditioner Installations and can also provide Install Estimates for other equipment upon request. In addition, all of our Install Estimates are attended by a Licensed HVAC Technician who will have application forms for both programs with them. Subsequently, they can complete the application with you in your home and we will submit it to Manitoba Hydro in the office. In order to complete the application for either program, you will require the following information when our Technician arrives:
- Manitoba Hydro Account Number.
- Mortgage Holder.
- Mortgage Balance.
- Monthly Mortgage Payment.
- Fire Insurance Company and Value of Coverage.
- The Name on the Title For Their Home. All people that are on the Title for the home, MUST be home at the time of the appointment in order to sign the paperwork. If there are two people on the title and only one is able to be home, it must be scheduled when both are home.
- Source of Income and Annual Income.
Once your Loan has been approved by Manitoba Hydro, we will contact you to pick a date for your installation.