You can borrow up to $20,000.00 over 5 years and pay off the loan at any time. Payments are conveniently made on your monthly Hydro bill. Currently, Manitoba Hydro's Earth Power Loan rate is 4.9%.
Geothermal heating & cooling systems draw upon the natural heat produced by the Earth to heat and cool your home or business.
Very little electricity is used by the heat pump itself. No fossilized fuels are used. Therefore, there are no emissions, which are know to contribute to The Greenhouse Effect and global warming.
Geothermal vs RRSP
What should you do? Install a less expensive conventional heating system and invest the rest in an RRSP?
Or, should you install a geothermal system?
This spreadsheet shows you the suprising difference.
Our Premier Geothermal Heat Pump Supplier
APH Geothermal continues to service all makes of heat pumps, and systems not originally installed by APH Geothermal, however the company's heat pump of choice is manufactured by Water Furnace. Characteristically a low maintenance unit, and complete with a 10 year warranty, APH Geothermal has found it to be the best value for its clients.