Nelson Hydro On-Bill Financing (EcoSave Energy Retrofit Loan)
Run by Nelson Hydro (City of Nelson)
The Nelson Hydro On-Bill Financing (EcoSave Energy Retrofit Loan) offers homeowners low-interest loans of up to $16,000 for heat pumps, insulation, air sealing and more in Nelson, British Columbia. It’s a loan you repay, not a rebate.
Loans up to
$16,000
Verified
You apply on nelson.ca
At a glance
| Maximum amount | $16,000 CAD (2026)Up to $16,000 at 3.5% fixed |
|---|---|
| Funding type | Loan |
| Status | Open |
| Who can apply | Homeowners |
| Energy assessment required | Not stated by the program |
| Income-tested | No |
| Deadline | No end date published |
| Where | Nelson, British Columbia |
| Level | Municipal |
| Run by | Nelson Hydro (City of Nelson) |
| Official page | nelson.ca/825/On-Bill-Financing-Program |
| Last verified | |
| Verified by | Rebate Researcher, RebateHub |
| Confidence | HighEvery figure matches the official program pages. |
Nelson Hydro On-Bill Financing (EcoSave Energy Retrofit Loan). RebateHub.ca, https://rebatehub.ca/rebates/bc-nelson-on-bill-financing#key-facts. Last verified October 12, 2026. Official source: https://www.nelson.ca/825/On-Bill-Financing-Program
What you can get
| Upgrade | What you get | Up to |
|---|---|---|
| Home energy efficiency upgrade loan (repaid on Nelson Hydro bill)Up to $16,000, 3.5% fixed, 2-, 5- or 10-year amortizationThe 2-year term is shown for loans up to $8,000. A $100 processing fee applies per reimbursement submission. | Up to $16,000, 3.5% fixed, 2-, 5- or 10-year amortization | $16,000 |
How it works
Nelson Hydro, the City of Nelson's electric utility, offers low-interest loans for home energy efficiency upgrades under the City's EcoSave Retrofits Bylaw. You can borrow up to $16,000 per household and repay it in monthly installments added to your Nelson Hydro bill. The July 2026 payment table is based on a 3.5% fixed rate with 2-, 5- or 10-year amortization; for example, $16,000 over 10 years is about $158 a month.
You can repay all or part of the balance at any time. A $100 processing fee is added to the loan each time you submit reimbursement forms. If you sell the home or stop being a Nelson Hydro customer, the remaining balance becomes due.
Who qualifies
- You own and live in the home within City of Nelson limits and are an account holder on its residential Nelson Hydro account. Residents elsewhere in the RDCK do not qualify.
- Enrolled in pre-authorized payment for your Nelson Hydro bill.
- Nelson Hydro, property tax and other utility accounts in good standing, with two years of credit history with Nelson Hydro or another utility.
- Everyone on the land title must authorize the loan. Commercial accounts and properties are not eligible.
How to apply
Step 1: Complete the online program registration form and accept the loan terms and conditions.
Step 2: Once approved, submit a reimbursement form with invoices to have the loan paid out.
Get quotes from British Columbia installers
Free, no obligation. We pass your request to up to 3 independent installers who serve your area and, where a program requires it, are registered with it.
- 1. Your project
- 2. Your contact details
- Installers checked against your program’s contractor list, where it has one
- Installers pay us, never you
- Sent to up to 3 installers who serve your area. We don't sell or rent lists.
Related programs
- Last verified October 12, 2026OpenFederalCanada-wide
Canada Greener Homes Affordability Program
Federally funded, no-cost home energy upgrades for low- and median-income homeowners and tenants. You apply through your province's or utility's partner program, not through Ottawa.
Free
Free upgrade - Last verified October 12, 2026OpenFederalCanada-wide
CMHC Eco Plus
A 25% refund of your CMHC mortgage insurance premium when you buy a newly built, energy-efficient home with a CMHC-insured mortgage.
Varies
Rebate - Last verified October 12, 2026OpenProvincialBritish Columbia
CleanBC Energy Savings Program (ground-oriented homes)
Income-tested rebates, paid directly to registered contractors, that cover up to the full cost of a heat pump or heat pump water heater for lower- and middle-income B.C. households.
$16,500
max rebate, income-qualified
Rebate - Last verified October 12, 2026OpenProvincialBritish Columbia
CleanBC Energy Savings Program Condo and Apartment Rebate
Income-tested rebates of up to $5,000 for an in-suite heat pump and up to $3,500 for a heat pump water heater in electrically heated condos and apartments.
$8,500
max rebate, income-qualified
Rebate
Sources
Other sources we checked