Rebates For Solar Panels Ontario

Select your province to see what financial incentives or programs are available.

Rebates for solar panels ontario.

All of the financial benefits listed below go to the owner of the solar panel system. The program provides 200 million over two years to participating retailers big and small to help ontario residents afford energy efficient products. The incentives listed below can significantly reduce the cost of installation of solar panels for your home or business. The rebate varies from 1 3 5 watt depending on solar type.

However applications are limited each year. The ontario power authority opa has developed a feed in tariff fit program for the province of ontario to encourage and promote greater use of renewable energy sources. This rebate is given on a per watt basis to ontario based home or business owners investing in solar power or solar power storage technologies. Ontario is a grid parity province making solar power cheaper than the residential utility rates.

However ontario s microfit program is no longer considering applications so homeowners that install solar panels will now be part of the province s net metering program. In canada s other provinces and territories interest in solar energy is growing in part as a result of new incentive programs that are designed to stimulate the demand for. Currently ontario has 3 financial incentive programs and 1 regulatory programs supporting the adoption of solar energy. The energy savings rebate program makes energy efficient products more accessible to people across ontario.

A grouping of incentives related to energy efficiency from provincial territorial governments major canadian municipalities and major electric and gas utilities are offered below. Nove scotia may not have the most sun but it does have one of the best rebates in solar in canada. For most systems the rebate will equate to approximately 30 of the cost of the system. Ontario is launching a new solar power rebate program in the summer 2018 called the greenon solar rebate program.

The maximum rebate is 8 500 or 35 of the eligible cost whichever is less. The solarhomes rebate is 0 85 watt for eligible solar photovoltaic systems. This is a complete solar power guide for ontario including info on solar energy incentives solar power financing solar costs and utility policies. If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives.

Banff solar production incentive the town of banff currently offers a 0 75 per watt rebate on solar energy systems. Ontario is ranked the 6 province and territory in the country for solar power.