Financial Incentives
To be eligible for Feasibility Study Assistance and/or a System Installation Incentive, customers must receive written approval from Manitoba Hydro before starting the feasibility study and/or system installation.
Customers that have started a feasibility study and/or system installation without written pre-approval from Manitoba Hydro will not be eligible to receive any financial incentives. Customers that have installed geothermal heat pump systems in the past are not eligible for any financial incentives from Manitoba Hydro.
Financial incentives provided by the Commercial Earth Power Program:
Feasibility Study Assistance
For qualifying feasibility studies, Manitoba Hydro provides assistance up to 50 per cent of the first $5,000 and up to 25 per cent of the remaining cost of the study (to a maximum grant of $10,000 per study). On average, a feasibility study costs approximately $2,400.
The amount of the assistance will be limited to 20 per cent of the potential System Installation Incentive.
Note: By offering to provide Feasibility Study Assistance, Manitoba Hydro makes no representation or warranty for the fitness and quality of the design, installation or performance of the system proposed by your engineer/architect. This responsibility resides solely with the designers, manufacturers and contractors/installers of the equipment and systems. For complete details, please refer to the “Terms and Conditions” on the Commercial Earth Power Program Application form.
System Installation Incentive
The System Installation Incentive is based on a prescriptive structure, and is calculated as being the lesser of:
- $1.25 per sq. ft. heated by a geothermal heat pump system OR
- $60.00 per MBH* of installed geothermal heating capacity
* For equipment sized up to 100 per cent of the building's base transmission and infiltration heating load.
