Rising Electricity Prices = Rising Demand for Solar
Electricity prices keep going up. If you are feeling like your electric bill is too high, so do your neighbours.
It’s a pretty easy to sell something that pays for itself.
What’s the potential in your region?
In PEI alone, we have now secured over 10% of the potential market of all single detached houses as of January 2025. This just continues to grow!
Have a look at your potential markets calculated at just 2.8%
Installation cost are lowering
In 2009 the average cost of a solar installation was $8.50 per watt
By 2020 the average cost of a solar installation was $2.81 per watt
This means for a 9kW system the price dropped from $76,000 to $25,000 making it far more affordable for the average consumer.
How many installs are in your neighbourhood?
Walk around, count them…probably not many.
That’s a big opportunity just within arms reach.
What makes a home right for solar?
Here are a couple things to think about when walking around your neighbourhood
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High rates lead to higher bills which lead to better savings for the home owner.
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It’s great the homeowner has made the shift for natural gas, oil or wood but it also means their electric bill is likely higher.
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It’s a much smoother process when the home owner doesn’t have to worry about things like condo regulations.
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While south facing is best, east and west facing roofs still generate a great amount as well.