The PowerHouse pilot program is now closed. The information on this site is for historical reference only.

About Zero-Interest Loans or Rebates

Now it’s easier than ever to buy and install a renewable energy system for your home. Enersource Hydro Mississauga, Hydro One Networks and Hydro One Brampton Networks are proud to offer zero-interest loans* or rebates through the PowerHouse program.

Customer benefits of PowerHouse Loan

  • Interest free loans to help you overcome the upfront cost of converting to "Renewable Energy"
  • Save thousands of dollars in interest costs with zero-interest loans* – only the principal amount needs to be re-paid
  • Convenient access to financing from your kitchen table
  • Financing amounts from $2,000 up to $50,000
  • Amortization periods of up to 120 months (depending on loan amount)
  • No lien on residence – loans are totally unsecured
  • Quick credit decisions
  • No down payment requirement
  • No hidden application fees
  • Monthly payments as low as $25
  • Flexible repayment options – loans can be repaid in full or partial without penalty
  • Payment through direct debit from customers' Canadian financial institution account

Who Qualifies

To qualify for a PowerHouse zero-interest loan* or rebate you must:

  1. Be a customer of Enersource Hydro Mississauga, Hydro One Networks or Hydro One Brampton Networks
  2. Install the system in a home in Brampton, Mississauga, Caledon, or parts of York Region (King Township, East Gwillimbury, Georgina or Whitchurch-Stouffville) – View map (222KB PDF)
  3. Purchase an eligible renewable technology
  4. Have it installed by February 15, 2009
  5. Submit a PowerHouse loan or rebate application through your utility

Zero-interest loans* are available to qualified customers from a financial institution designated by the participating utility program partners.

$2,000-$5,000
$5,001-$20,000
$20,001-$50,000
up to 3 year repayment term
2 to 5 year repayment term
4 to 10 year repayment term
 

Maybe you’d prefer a rebate instead of a loan. PowerHouse offers rebates to eligible customers.

Rebates are available to customers in the PowerHouse territory who have installed the eligible renewable technologies between June 20 2007 and February 15, 2009.

PowerHouse Rebate structure:

10% rebate
15% rebate
20% rebate
on first $5,000 of project cost (minimum project cost is $2,000)
on next $15,000 of project cost (ie. from $5,000 to $20,000)
on next $30,000 of project cost (ie. from $20,000 to $50,000)
 

Rebate Examples:

Based on this structure, here are some examples of rebates that would be paid out based on various project costs:

  • a $5,000 project would receive a rebate of $500
  • a $10,000 project would receive a rebate of $1,250
  • a $20,000 project would receive a rebate of $2,750
  • a $40,000 project would receive a rebate of $6,750

Not sure if a rebate or a loan is best for you? Use our calculator (20KB XLS) to determine the best financing solution for you!

Steps for installing a renewable system and applying for a loan:

Note: Steps 1 - 8 are the same for a loan or a rebate.

  1. Contact one or more eligible installers.
  2. Ensure site assessment is completed (if required).
  3. Select a technology to be installed.
  4. Get price quotes and timing estimates.
  5. Select an eligible installer.
  6. Ensure all required permits and approvals are obtained.
  7. Complete the Customer Application Form.
  8. Receive your acceptance from utility.
  9. Bank is notified of the eligible customer by the utility.
  10. Customer receives Bank Loan Application Form from installer and completes it.
  11. Installer provides loan application to bank.
  12. Customer receives loan decision from bank through installer.
  13. Customer purchases and installs system (no later than February 15, 2009).
  14. Notification of work completion submitted to bank (no later than February 22, 2009).

You may send completed forms to your utility company.

Steps for installing a renewable system and applying for a rebate:

Note: Steps 1 - 8 are the same for a loan or a rebate.

  1. Contact one or more installers.***
  2. Ensure site assessment is completed (if required).
  3. Select a technology to be installed.
  4. Get price quotes and timing estimates.
  5. Select an eligible installer.
  6. Ensure all required permits and approvals are obtained.
  7. Complete the Customer Application Form.
  8. Receive your acceptance from utility.
  9. Customer purchases and installs system (no later than February 15, 2009).
  10. Customer gets contractor to sign a Completion of Work Form and submits to utility (no later than February 22, 2009).
  11. Customer receives a rebate in accordance with the rebate schedule.

You may send completed forms to your utility company.

*** If you are applying for a PowerHouse rebate, you do not need to use a PowerHouse eligible installer. However we recommend that you refer to the requirements of any other rebates or incentives that you intend to apply for to ensure you are following all of the regulations set out by the granting institutions.

 

Customer Application Forms

Please download the form specific to your region:

Utility/Region Form Type
Hydro One Brampton > Brampton Loan Rebate
Hydro One Brampton > Mississauga Loan Rebate
Hydro One Brampton > Caledon
> King Township
> East Gwillimbury
> Georgina
> Whitchurch-Stouffville		 Loan Rebate

 

Submitting your Customer Application Form or contacting your utility

Signed forms are accepted by mail, fax or electronically in PDF format.

Enersource Hydro

Mail:
Enersource Hydro Mississauga
Attention: PowerHouse Program Manager
3240 Mavis Road,
Mississauga, Ontario
L5C 3K1

Fax: (905) 566-2737, Attention: PowerHouse Program Manager
E-mail: powerhouse@enersource.com
Contact Telephone Number: (905) 283-4061

Hydro One Networks

Mail:
Hydro One Networks
Attention: PowerHouse Loan Program
483 Bay Street, 14th Floor
Toronto, Ontario
M5G 2P5

Phone: 1-888-664-9376
Fax: (416) 345-5911
E-mail: powerhouseloan@hydroone.com

Hydro One Brampton Networks

Mail:
Ralph Williams
Hydro One Brampton Networks
175 Sandalwood Parkway West
Brampton, Ontario
L7A 1E8

Phone: 905 452 5516
E-mail: rwilliams@hydroonebrampton.com

 

How much will a renewable energy system cost?

This table is intended to give you an indication of what an installation might cost. Many factors will affect the price, and residents are advised to speak to several eligible installers before making a decision.

  Solar Water Heater Photovoltaic (PV) Geothermal Wind
Estimated Costs $4,000 and up $12,000 and up $17,000 and up $6,000 and up
  $300 Home Energy Audit   $300
Home Energy Audit		  
Additional Rebates and Incentives Ontario PST rebate Ontario PST rebate Ontario PST rebate Ontario PST rebate
  Home energy audit rebate: $150   Home energy audit rebate: $150  
  $1,000 in federal and provincial rebates Standard Offer † Contract $0.42/kWh $7,000 in federal and provincial rebates Standard Offer † Contract $0.11/kWh
    Net Metering ††   Net Metering ††

See the Links & Resources page for links to the industry associations, and for more information on government rebates and incentives. This information is not intended to be a comprehensive list, check with rebate and incentive sources before making any decisions.

† Standard Offer – Higher energy rates are paid to small energy producers who want to sell their renewable energy to the provincial system, through a 20 year contract with the Ontario Power Authority. There may be a cost associated with installation of the Standard Offer.
OPA Standard Offer Program

†† Net Metering – Electricity produced by customers, when not all used by customer, is sent to the distribution system in return for a credit towards future energy costs. There may be a cost associated with installation of net metering.
Net Metering Brochure (452KB PDF)

* On approved credit

 
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