| If upfront costs are a barrier, you have choices ranging from convenient utility loans to specialized private financing. More importantly, if you are applying as a low-income-based household or as part of an Indigenous community, you may qualify for fully funded programs where no loan or repayment is required at all. |
You must apply for the Home Energy Efficiency Loan (HEEL) before starting any work, including purchasing products or beginning installation. Applications submitted after work begins will not be accepted.
Currently, you can combine the Home Energy Efficiency Loan (HEEL) with the Efficiency Manitoba Windows & Doors Rebate. This means you may use the loan to help cover upfront costs, then apply for the rebate after installation to help offset the balance.
Private financing can be convenient, but interest rates, fees, repayment periods, and approval requirements vary widely.
Some contractor or retailer financing options may cost more over time than Manitoba Hydro’s Home Energy Efficiency Loan (HEEL) or a traditional bank loan.
Always compare the total cost of borrowing, including interest, fees, penalties, and whether you can repay the loan early without extra charges.