Providing Long Term Benefit Financially and for the Environment
Solar
How Much Solar Power Can My Building Produce?
Self Assessment
- Step 1: Measure the square footage of your roof Area Calculator
- Step 2: Determine the amount of obstructions on your roof Low Obstructions (some vents), Medium (a few pieces of equipment) , High (several pieces of equipment)
- Step 3: Area in Sq Ft X $1.50 (Low obstructions), $1.30 (Medium) and $1.10 (High) = Estimated annual solar revenue per year
Professional Assessment – Let Us Do It For You
- Solar Panels graphically placed on roof using a solar measurement tool, we use Helioscope
- Helioscope calculates solar production based on location of building, building position relative to sun movement and shading
- The solar production is used to calculate the amount electricity that will be saved annually
How Does Solar Work?
- Solar energy production is used by the building when it is being produced and excess generation is fed to the electricity grid via reverse metering
- Excess solar generation shows as a credit on the electricity bill offsetting electricity usage by the building when solar is unavailable – this process is called Net Metering
- In most jurisdictions in Canada solar production can offset the entirety of the electricity costs over a 12 month rolling period
FAQ: Is a battery installation required for solar
A. No. The value of solar is gained through the Net Metering Program where your utility “purchases” the power and provides a credit on your electricity bill
What Incentives Are Available for Solar Installation
For profit businesses:
- Clean Technology Investment Tax Credit – up to 30% of project cost
- Accelerated Depreciation – 100% first year depreciation for 2023 implementation , 75% first year depreciation for products completed in 2024 and 2025
For Municipalities and Selected Non Profits:
- Clean Electricity Investment Tax Credit – 15% of project costs
- Green Municipal Fund has multiple valuable offerings for municipalities across Canada including funds for studies and project implementation
Canada's EV Charger Rebates
You may be eligible for up to 50% in rebates for the purchase and installation of your electric vehicle charging stations for your on-street, multi-unit residential building, workplace and light-duty vehicle fleets. Just complete this quick assessment to find out.
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