Solar Savings and Rebates
What you need to know
Who doesn’t like a good deal?
It feels like we have to spend more and more on everyday items like groceries and gas. The reason why we go solar is to at least reduce our everyday spending on electricity. So it’s also important to try to lower the overall cost of your solar system too. Homeowners like yourself will see a few different opportunities to save.
Limited Time Promotions
Price Per Watt Discounts
Often solar companies will offer discounts per watt of anywhere from 5¢/watt to 50¢/watt. If your system is 8kW (a fairly typical size) that could be $400 - $4,000 off your system price!
Additional Products
Depending on whats included in the solar quote the company may offer product upgrades like Critter Guard, Battery Storage, Smart Energy Management Systems or EV chargers to name a few.
Buy Now - Pay Later
Like many other household products the solar company could offer a plan in which you don’t have to pay much up front, just an initial down payment with most of the cost coming later.
Government Rebates
Solar has become increasingly more affordable for many home owners to pay for without any government incentives to encourage it. However our the electricity grids in many regions are strained and demand continues to increase. One way to alleviate that is through residential solar so governments at all levels continue to create programs that encourage more solar installations.
Rebate programs 10-15 years ago offered pretty high savings, as much as $1/watt. However solar was also way more expensive to purchase. Now your more likely to see government programs offering between 20¢ to 50¢ and often including other conditions like purchasing batteries as well.
Check for rebates on the local, provincial and federal levels
The Tricky Part
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.