Bc Hydro Solar Panel Rebate

The government of british columbia grants up to 7 000 and more for home energy renovation s through the livesmart bc rebate program which is in effect until march 31 2013.

Bc hydro solar panel rebate. The solarhomes rebate is 0 85 watt for eligible solar photovoltaic systems. His system has produced enough energy to send surplus power back into the grid which gets used by other. Indigenous communities conservation program bc hydro is currently offering free energy efficiency products as well as special rebates for indigenous communities. Learn more and apply get up to 10 000 in rebates to make your home more comfortable and energy efficient with home renovation rebates on insulation windows heat pumps and more.

Bc hydro wants to stop paying for the excess power that its customers generate from solar panels and other sources. Livesmart bc rebates bc homeowner s can get livesmart bc solar rebates of 500 in both south coastal bc and interior northern bc for a new solar hot water system. Please include the development variance permit in your submission. Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates.

Homeowners that install a solar pv system are eligible to receive the 250 incentive. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. Get up to 350. The alternative energy sources pst exemption also covers solar thermal as well as any necessary equipment needed for installation including wiring controllers inverters pumps and tubing.

Connected to the bc hydro electrical system it would take at least 20 years to recoup the investment at today s average electricity rates. Steve gilbert spent around 60 000 to install 148 solar panels on his property in metchosin. In addition effective april 1 2015 a 400 rebate is available for renewable energy systems that require and obtain a development variance permit. The minimum system size needs to be 1 kw.

Although bc does not currently have any solar rebates at the provincial level it is the only province with a pst exemption for solar power. While the cost of installing a solar photovoltaic pv system for electricity generation has dropped dramatically in recent years for homeowners in b c. For most systems the rebate will equate to approximately 30 of the cost of the system. Energy mines and petroleum resources minister michelle mungall says the change.