Bc Hydro Solar Panel Rebate

British columbia incentives net metering bc hydro.

Bc hydro solar panel rebate.

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. Bc hydro and fortisbc ev charger programs a 350 ev charger rebate. The city offers a rebate of 1 00 watt with a maximum of 6 000 in rebates for the installation of solar pv. British columbia is ranked the 7 province and territory in the country for solar power.

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. 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.

Low income indigenous incentive programs. Best case scenario you will pay off that investment in 20 years. The 1 05 mw system is performing better than expected producing enough electricity to power about 275 homes. Kits include facet aerators led lights weather stripping window film and more.

Hydro you are even credited for excess power that flows back into the grid. As a result you can reduce the net cost of your solar panel system by anywhere from 26 to 50 percent. On average solar systems of this size can cost about 14 500. 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.