The Government of Alberta recently announced a rebate program for homes and businesses to install rooftop solar panels.
The program will draw from a $36 Million dollar fund which has been allocated from the carbon levy revenues.
The solar power rebate is expected to cut costs of home solar panel installations by up to 30% and up to 25% for businesses and non-profits.
If the $36Mn fund supplies 25% of costs, that will equate to $144Mn of new solar panel installations in Alberta. Assuming an installed cost of $2.50 to $3.00/W (which is conservatively high), the program will equate to 48MW to 58MW of new solar PV capacity. Alberta currently has 15MW of installed solar PV capacity, meaning this program could triple the amount of solar PV installed in a very short time frame.
The residential and commercial solar power rebate program is expected to create 900 jobs in the next 2 years.
The new Alberta solar power rebate is available for customers with electricity service and properties located in the province. The installation and solar installer must meet the following requirements:
0 to 15kW - $0.75/W up to the lesser of $10,000 or 30% of eligible system costs
15kW is approximately 50 solar panels.
0 to 5MW - $0.75/W up to the lesser of $500,000 or 25% of eligible solar power system costs
5MW is approximately 13,000 solar panels.
The program is now open for applications. You can begin an application on your own through Energy Efficiency Alberta, or we can do this on your behalf. We recommend the latter, as technical details on your solar panels are required.
Kuby Energy will complete all technical drafting, and is responsible for complying with all required regulations. To learn more, read the complete set of solar rebate guidelines.
Questions, comments or concerns? We would love to hear your thoughts on this.
Hit the buttons below to contact us/get a free solar quote or to read more articles.