Navigating Saskatchewan Solar Incentives - We Do The Heavy Lifting For You
Saskatchewan solar incentives and rebates promote investments in this renewable energy. Homeowners can take advantage of various solar incentives, tax incentives, and rebate programs for producing solar energy.
We cover the details of Saskatchewan solar installation rebates and incentives here. Saskatoon Solar is your leading solar energy provider and we have become the top choice due to our commitment to solar and renewable energy production. We understand the solar industry like the back of our hand, and part of that is offering an unmatched customer experience.
You can count on our stellar customer care and service because we can help you find out exactly which solar program will benefit you the most. Let's get started with your journey to cleaner home energy by learning more about a new solar panel installation today.
Home Renovation Tax Credit
Homeowners can claim a 10% tax credit for a maximum of $20,000 in eligible home renovation costs. This tax credit enables homeowners to avoid provincial income tax of up to $2,100. Qualified expenses include expert services, labor, fixtures, building supplies, permits, and solar energy rentals. Also, the renovations must be the taxpayer’s principal residence in Saskatchewan. The Canada Revenue Agency administers this tax credit as part of personal tax income. Individuals can claim the tax credit via the annual tax return.
Canada Greener Homes Grant
Buildings that include homes account for 18% of greenhouse gas emissions in Canada. The Canada Greener Homes Grant aims to help homeowners make where they live more energy-efficient by combating climate change and establishing local green supply chains. Also, it aims to create solar energy advisors’ jobs in Canada. Through this initiative, homeowners can get 700,000 grants of a maximum of $5,000. This amount can help them make more energy-efficient home retrofits, including improved insulation. EnerGuide also provides expert advice and evaluations of up to $600. Thus, eligible participants can get up to $5,6000 through this initiative.
Net Metering Program or Net Billing
The Net Metering Program is the most essential Saskatchewan solar incentive program. It’s also called Net Billing. This policy enables homeowners and businesses that supply solar-generated power to their utility companies to avoid paying electricity bills. Net Metering Program applies to commercial, agricultural, and residential setting deployments with a maximum capacity of 100 kW. Owners can send electric power to their grid using their solar power systems. The program banks electricity for participants who generate more than they use and use it to offset their consumption, meaning they remain with a zero balance. This program carries over the unused electricity as a credit. However, participants must use it by the 3-year mark following their enrollment, after which the credit resets to zero.
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"Saskatoon Solar was a fantastic company to work with and they helped us get matched with the right program for us. All our needs were met very professionally. We had an entirely new solar systems installed so we could replace our electricity expenses and they did a great job in deigning them, then setting them up on our home."
Power Generation Partner Program
The Power Generation Partner Program is the most recent incentive. It’s a 20-year commitment program that assists Saskatchewan in producing 35 MW of green energy. This program replaced the previous Small Power Producers Program, seeking new applicants yearly. This program’s application process requires applicants to submit their bid price, estimating the cost they will get for the electric power they generate. The limit for the highest bid is $0.09830/kWh. Saskatchewan homeowners can benefit from other incentives and rebates, including the Capital Cost Allowance or CCA for Clean Energy Projects and Canadian Renewable and Conservation Expenses or CRCE. CCA provides tax incentives to speed up the fund’s return for businesses that invest in solar power generation. The CRCE provides special tax treatment for solar system installation expenses. As utility rates increase, homeowners switch to solar energy to lower their energy costs. Taking advantage of Saskatchewan solar incentives and rebates can save you money when installing your solar system. Thus, now is the best time to install solar to benefit from these incentives and rebate programs.
Go Solar in Saskatchewan For a Better, Brighter Future!
There has never been a better time to install solar panels on your home, business or farm. Today is the day to learn more and take action. Saskatoon Solar is your all-in-one solar company in Saskatchewan that truly cares about the future of our environment and your success. We have very affordable, environment minded and highly cost-effective solar options available. We are convinced that we offer the very best solutions and can be your greatest partner in the transition to solar. Call us at (306) 988-2488