Under the The Micro-Generation Regulation, all solar generators in Alberta receive credits for the electricity that they produce, but do not consume. Small micro-generators, sized under 150 kilowatts, are credited for the electricity sent back to the grid on a monthly basis at their retail rates, while large micro-generators, sized 150 kilowatts and above, are credited for the electricity at an hourly wholesale market price.
In many cases, incentives can be “stacked” to further bring down project costs and payback periods. Several utilities serving Alberta offer their own incentives that can be added to the financing package of a project. Not many utilities currently offer incentives, but some of the solar subsidies programs still available are:
EQUS Solar Financing: EQUS members may apply for financing for solar installation costs. Subject to approved credit, members may receive $1,500 per kW installed, up to $15,000 total financing per property receiving EQUS service.
Alberta Co-operative Energy (ACE):
If you are a member of Alberta Co-operative Energy (ACE), you may wish to register as a SPARK Certified Green Generator, and sell your excess electricity back to the grid at a rate of 1.85 cents per kWh.
With the help of funding through CCEMC (Climate Change Emissions Management Corporation), Enmax Energy has been able to put together a competitive program for residential and commercial customers looking to install and connect solar panels systems of up to 1 MW.
If you’d like to find out if you qualify for solar subsidies through your local utility company, or would like to get an idea about the cost to install solar panels in Alberta, please fill out a request form, and we’ll get back to you within 24 hours!