Fix First Home › Home Energy Efficiency Loan
Home Energy Efficiency Loan open
Administered by Manitoba Hydro.
A loan, not a rebate: Manitoba Hydro finances energy upgrades at 6.20% for the first five years, repaid on your energy bill. Up to $12,500 per home, or $20,000 for a ground source heat pump or solar.
source · verified 23 September 2026
What it pays
No published cap — and that is the honest answer
Nothing is given to you. This is borrowing, repaid with interest, and it can be used alongside Efficiency Manitoba's rebates.
- interest rate
- 6.20%
- rate fixed for
- The first five years, then at market rates
- limit per home
- $12,500
- limit with a ground source heat pump or solar
- $20,000
- repaid
- Monthly, on your Manitoba Hydro energy bill
- down payment
- None; Manitoba Hydro pays the contractor
| Upgrade | Up to | Term |
|---|---|---|
| Ground source heat pump | $20,000 | 15 years |
| Solar PV system | $20,000 | 15 years |
| Cold-climate air source heat pump | $10,000 | 15 years |
| Natural gas furnace or boiler | $7,500 | 15 years |
| Insulation | $7,500 | 5 years |
| Air sealing | $7,500 | 5 years |
| Windows and doors | $7,500 | 5 years |
| Space heating equipment | $7,500 | 5 years |
| Water heating equipment | $7,500 | 5 years |
| Ventilation | $7,500 | 5 years |
| Central air conditioning | $5,000 | 5 years |
| Conventional air source heat pump | $5,000 | 5 years |
| Electrical equipment upgrades | $5,000 | 5 years |
| Radon mitigation | $5,000 | 5 years |
| Level 2 EV charger | $3,000 | 5 years |
Each upgrade's figure counts towards the $12,500 limit per home. All of a home's loans together cannot pass $20,000.
Who is eligible
- owner
- You own the home, and have an active Manitoba Hydro account and credit approval.
- home
- Detached or semi-detached, your primary residence or your tenant's. Mobile homes on permanent foundations qualify; for a ground source heat pump or solar you must own the land.
- on reserve
- Indigenous customers in Band-owned homes qualify with a Band Council Resolution.
- approval
- Before any work starts or any material is bought.
What disqualifies you
The rules people find out about after the work is done.
- Seasonal dwellings, apartment buildings, garages, commercial properties and homes under construction.
- Projects in progress or already finished.
- Labour on its own, used equipment, and your own labour on a DIY project.
Where the application goes
Manitoba Hydro, not Efficiency Manitoba.
| If this is you | Apply here |
|---|---|
| Every eligible upgrade | Apply to Manitoba Hydro before the work. Upgrades must meet Manitoba Hydro's specified efficiency levels. |
The thing most pages get wrong
The 6.20% is fixed for five years only. A 15-year loan for a heat pump or solar system is re-priced at market rates for its last ten years, and Manitoba Hydro writes three months before the switch.
This programme by upgrade
Every programme that pays toward the same upgrade, side by side.
Sources
- https://www.hydro.mb.ca/your_home/residential_loan/ — primary source, read 23 September 2026