Home Energy Efficiency Loan (HEEL) from Manitoba Hydro is a convenient and affordable financing option if you want to make energy efficiency upgrades to your home. The monthly payment is added to your energy bill and no down payment is required.
Financing information
- Maximum financing per residence is $7,500 for windows and doors replacements.
- The term of the financing is up to five years.
- Minimum monthly payment is $15.
- Minimum amount that can be financed is $500.
- Monthly installments will be applied to your energy bill. Repayment of the loan is the responsibility of the homeowner and not the tenant.
- Additional payments may be made at any time with no penalty.
- A $20 administration fee will apply if the loan is paid off in full during the first 6 months.
- The loan becomes due and payable when the house is sold or transfers ownership. The loan is not transferable.
- The cost of one upgrade cannot be split between multiple HEEL Agreements or between financing programs.
For HEEL (Please visit an official website for current interest rate or more details by clicking here)
