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Power Smart PAYS Financing

Our Power Smart PAYS Financing is a convenient and affordable financing option if you want to make energy efficiency upgrades to your home.

PAYS Financing covers upgrades for:

  • space heating equipment;
  • insulation;
  • water heating and water conservation:
    • water heating equipment;
    • toilets (only eligible for financing with one of the above upgrades).

Multiple upgrades may increase your utility bill savings, which may increase the amount eligible for financing.

Watch our Power Smart Tuesdays segment on CityTV's YouTube channel to learn what options are available for financing energy efficient upgrades.


  • Because it is tied to your property it is transferable from one homeowner to another, or from property manager to tenant.
  • Your monthly payment is less than your estimated annual utility savings*. These savings are averaged over 12 months and are used to determine your monthly payment.
  • Your monthly payment will be added to your energy bill.

*Estimated annual utility savings after qualifying upgrades have been completed.

How to Apply

Your contractor or retailer will work with you to determine if your project is eligible for financing and will help you complete the PAYS Financing Agreement.

Contractors and retailers can find more information on Power Smart PAYS Financing by contacting us.