I'm pretty sure that MB Hydro does not give rebates for new construction. It might be best to contact some of the local spray foam service providers to find out for sure.
While you are at it, ask them if they can give you quote for a 2" skin for different sections of your house (attic, basement, walls, etc). Going with a 2" skin will not only give you an R12 start on insulation value, but will also give you your moisture barrier and will totally seal up the areas that you get sprayed.
The total seal practically eliminates the thermal breaks that are inherent with fiberglass bat insulation. The result of using spray foam insulation is that your house will effectively have a higher than rated R-Value because of the reduction or elimination of thermal breaks. How well the spray foam seals depends on how much of the home is spray foamed and the coverage of each area sprayed (will they cover the studs, etc). You can bet that each area that is spray foamed will be the best insulated areas of your home.
NOTE: if you opt for part spray foam and part fiberglass bat, then you will have to add some poly vapor barrier anyway. The poly will be needed as interior moisture would otherwise be able to migrate through the interior wall sheathing and subsequently through the fiberglass batting.
Just remember that with the total seal that is available through the use of spray foam insulation, air circulation becomes a priority. Not only does spray foam keep moisture out, but it keeps it in as well. That means that all moisture generated within the home (showers, cooking, etc) has to have an avenue of escape or it will stay in the home and over time can rot wood from inside.
If nothing else, go for the 2" skin (especially in the attic) and save yourself some headaches down the road. Every time you hang a picture, put a hook in the ceiling, and every time your drywallers miss a stud the integrity of the poly vapor barrier is compromised. Over time, condensation will migrate through these breaks and lead to repairs down the road. You can eliminate that with the use of spray foam.
Your heating and cooling bills will likely be ±20% less if you go with spray foam (even with a 2" skin). Depending on the overall build, your savings could be higher.
HTH
Well put. 2" of foam are worth more than 12" of pink fuzz, and r values are meaningless wherever there is air infiltration.Over 90% of the insulation value of any material occurs in the first inch.