Power Smart PAYS (Pay as you Save) Financing

Amount:

up to $500

Who is Eligible:

Consumers

Description:

Manitoba Hydro will finance the upfront capital cost of approved cost-effective energy and water-efficiency improvements to a consumer’s home. Manitoba Hydro will recover the costs as customers pay back the financing with the savings on their bill. The interest rate would be fixed at 3.9 per cent for the first five years. Energy-saving measures that can be financed under the program include high-efficiency gas furnaces, geothermal systems, insulation, drain-water heat recovery systems and water-saving toilets.

Steps to Get this Rebate:

1. A registered program supplier (contractor or retailer) will work with you to determine if your project is eligible for financing and will help you complete the PAYS Financing Agreement.