Saturday, August 18, 2012

Manitoba Hydro Power Smart

Sooo, for all those whom are not aware, you can apply ( in the centre) for a Manitoba Hydro Power Smart Loan. The loan covers the following upgrades:

Loan Details

  • Borrow up to $7,500 per residence. Up to $5,500 of that may be put toward the purchase of a high efficiency natural gas furnace.
  • The maximum term is 5 years for all energy efficiency upgrades and 15 years for the purchase of a high efficiency natural gas furnace.
  • Annual interest rate is fixed at 3.9 per cent (O.A.C.) for the first 5 years.
  • Monthly installments will be included on your energy bill.
  • Applicant must be a Manitoba Hydro customer and the owner of the home in which energy improvements are to take place. ( for at least 1 year)
  • Upgrades must be made to levels recommended by Manitoba Hydro. NOT ALL WINDOWS WILL MEET THE STANDARDS FOR A HYDRO LOAN
  • The loan does not apply to central air conditioning (see The Energy Finance Plan (EFP)).

Here is some info and tips on how to go about applying with very little hick ups

In the centre we will help you to fill out the loan application, below is the info that we will need to submit the application

The quote and or pricing for all product and labour


Credit Information  such as - Anual Income (for both home owners if applicable)
                                               Loans and other obligations
                                               Name of Home Insurance company, amount of insurance
                                              Manitoba Hydro account #

We will than submit the paper work, once the loan is approved, you will than come back into the centre to place the order. When the job is complete ( to your satisfaction) you will than come back into the centre to sign the finalizing paper work that will allow Manitoba Hydro  to release the funds for your loan to the centre


If you have any other questions, please either contact the centre or comment on this post and I will reply back

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