Getting a solar panel installed in Calgary always comes with the following question: what about rebates? What am I covered for? This breakdown answers the key questions on what, why and how solar energy rebates work.
Why Get Solar Panels In Calgary?
A question for a lot of people is why get solar panels in Calgary in the first place? Why pay for the high solar panel installations costs? There are benefits that can help you in the long run.
- You will reduce your energy bills. A solar panel can generate as much power as electricity – but at half of the cost. You will save thousands in the long run when it comes to your energy bills. This is great for both residential properties and commercial enterprises.
- It is environmentally more friendly than other options. Solar is an unlimited renewable source of energy. Over the years, you will not be leaving behind a carbon footprint.
What Does The Rebate Cover?
Rebates are available for both residential and commercial properties that undertake solar panel installations throughout the province of Alberta. The rebates programs work based on the size of the installation and are calculated differently for residential, commercial and not-for-profit organisations.
- Residential Program: There is a $0.90 per watt incentive when using a solar panel. The maximum is either the lesser of 35% of the installation cost or $10,000.
- Commercial Program: Businesses are charged a lower rate, a total of $0.75/watt, and can get a maximum of 35% of the eligible system (just like residents), but their maximum costs go up to $1.000,000.
- Non-Profit Program: Have the exact same maximums as commercial programs, but get a $1.00/watt incentive
Overall in the long run, it might take a few years for the rebate to pay you back the money for the installation, but you will end up saving thousands on your energy bills, as well as help the environment.
Start reducing your carbon footprint today! Call Greener Days Solar at 403-805-2940 whether you’re looking for residential or commercial solar panels. We can take care of everything from installation to application for rebates and financing. There’s never been a better time to take advantage of solar energy. Visit us at https://greenerdayssolar.ca/.