Bc Hydro Solar Panel Rebate

Bc hydro and fortisbc ev charger programs a 350 ev charger rebate.

Bc hydro solar panel rebate.

Homeowners who install solar power are aiming for a net zero hydro bill but are restricted by the amount of roof space for panels said scott fleenor of terratek a vancouver based company that. On average solar systems of this size can cost about 14 500. The 1 05 mw system is performing better than expected producing enough electricity to power about 275 homes. Best case scenario you will pay off that investment in 20 years.

With a solar system grid tied to b c. While the cost of installing a solar photovoltaic pv system for electricity generation has dropped dramatically in recent years for homeowners in b c. British columbia incentives net metering bc hydro. Connected to the bc hydro electrical system it would take at least 20 years to recoup the investment at today s average electricity rates.

To encourage the continued expansion of solar governments utilities and other organizations offer solar tax breaks and financial incentives to make solar more accessible for today s homeowners. Free energy savings kit program fortisbc bc hydro and municipal utilities are offering free energy savings kits to income qualified bc residents. Low income indigenous incentive programs. Kits include facet aerators led lights weather stripping window film and more.

As a result you can reduce the net cost of your solar panel system by anywhere from 26 to 50 percent. British columbia is ranked the 7 province and territory in the country for solar power. A typical solar installation on a residential roof is 4 kilowatt kw in size with 16 solar panels which in b c generates 4 400 kwh of electricity over a year. The city offers a rebate of 1 00 watt with a maximum of 6 000 in rebates for the installation of solar pv.

Hydro you are even credited for excess power that flows back into the grid.