Bc Hydro Solar Panel Rebate

As a result you can reduce the net cost of your solar panel system by anywhere from 26 to 50 percent.

Bc hydro solar panel rebate.

The city offers a rebate of 1 00 watt with a maximum of 6 000 in rebates for the installation of solar pv. 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 1 05 mw system is performing better than expected producing enough electricity to power about 275 homes. On average solar systems of this size can cost about 14 500.

Free energy savings kit program fortisbc bc hydro and municipal utilities are offering free energy savings kits to income qualified bc residents. 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. However the largest commercial pv installation outside of ontario began operating in kimberley british columbia in june 2015 marking the first time the bc hydro grid has bought solar electricity. Connected to the bc hydro electrical system it would take at least 20 years to recoup the investment at today s average electricity rates.

While bc hydro wants to provide incentives for people adding solar panels it already has enough power to meet the province s needs for the next couple of years and doesn t want the excess right. While the cost of installing a solar photovoltaic pv system for electricity generation has dropped dramatically in recent years for homeowners in b c. This is a complete solar power guide for british columbia including info on solar energy incentives solar power financing solar costs and utility policies. 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.

Bc hydro and fortisbc ev charger programs a 350 ev charger rebate. British columbia incentives net metering bc hydro. Best case scenario you will pay off that investment in 20 years. Hydro you are even credited for excess power that flows back into the grid.

Low income indigenous incentive programs.