Government Funding For Solar Panels In Ontario

Ontario is a grid parity province making solar power cheaper than the residential utility rates.

Government funding for solar panels in ontario.

The ontario solar program better known as microfit is a renewable energy initiative created by the provincial government of ontario. Federal government incentives are given in the form of tax credits. Harnessing solar energy while having numerous long term benefits can be an expensive undertaking. Getting government tax credits.

The incentives listed below can significantly reduce the cost of installation of solar panels for your home or business. This is a complete solar power guide for ontario including info on solar energy incentives solar power financing solar costs and utility policies. Learn about the new funding program for eligible oil and gas companies. Solar grants ontario government of canada solar rebates.

A grouping of incentives related to energy efficiency from provincial territorial governments major canadian municipalities and major electric and gas utilities are offered below. The current program in the united states will give you a 30 credit for 2019 and 26 for 2020 of the installation cost of your solar power system. Solar power systems last for decades so home owners will continue to save money on their power bills for years to come. The ontario power authority opa has developed a feed in tariff fit program for the province of ontario to encourage and promote greater use of renewable energy sources.

These include wind waterpower renewable biomass bio gas landfill gas and solar photovoltaic solar pv for electricity generating projects in ontario the microfit program is a stream of the fit program. These canadian solar energy programs make it easier for canadians to integrate solar power systems into their homes. Grants are funding given to promote renewable energy that does not have to be paid back. The federal government of canada manages several funding grants and incentive programs to encourage research development and demonstration in canada.

Get up to 5 000 government grants in ontario including solar panel rebates up to 1 250 in toronto ottawa hamilton london ontario windsor. Select your province to see what financial incentives or programs are available. Qualifying groups include low income or rural homeowners farms native american tribes schools and nonprofit organizations. An investment in solar energy is an investment in your family s environmental and financial future.

Currently ontario has 3 financial incentive programs and 1 regulatory programs supporting the adoption of solar energy.