Many governments are offering incentives to reduce the cost of solar.  This can sometimes come in the form of rebates or low rate financing options.  This has a benefit to you but it also benefits all of our futures.  

Sure it benefits our planet by utilizing a more responsible way of producing energy…but it also benefits our future needs.  Every year we have a need for more electricity causing electric rates to go up. With smart homes, electric cars and an assortment of other goods requiring electricity this demand keeps increasing.  Oh and did I mention the solar industry is a growing industry to so it helps creates jobs too!

Now about the rebates...

Each province is different.  As I write this, here are the average savings:

Alberta: None

British Columbia: PST exemption

New Brunswick: $0.20-$0.30/watt

PEI: Please refer to Solar Electric Rebate Program

Nova Scotia: $0.6/watt

NWT: 50% of system

Yukon: $0.80/watt

Quebec: None

Newfoundland: None

Ontario: None

Saskatchewan: None

Manitoba: None

With the price per watt installation being anywhere from$2.30 - $3.50 the rebates could reduce your overall cost by 30% or more.

Here is the tricky part though: Filling out the forms correctly!  

Solar is likely a whole new world for you and the people administering the programs for creating home efficiency.  The terminology, the processes, the numbers and what they mean. If you don’t fill out the form right the first time, it could delay your project.  You may not know where to get all of the information from.

This is where the solar company you are working with should help you.  They should hopefully be assisting you every step of the way by undertaking the tasks on your behalf or giving you the details you need and explaining everything.  When you’re assisted with the applications, the whole project will go much smoother and your chances of being approved for the rebate are much better. 

To learn more about Why Solar, click here.