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
This is what governments do best help speed up with the transition to alternatives and let the market supply the goods.. programs like these are why Germany is one of the global leaders in alternative energy