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Ontario Announces Rebates for Solar Panels and Energy Storage

Ontario has recently announced a new solar rebates program administered by the Green Ontario Fund. The program is set to launch this summer and will provide generous incentives of up to 70% of the total installed cost of Solar Photovoltaic, Energy Storage, or Solar Thermal systems for homeowners and businesses in Ontario. Here’s a quick snapshot of the proposed incentives:

Solar PV systems will not be allowed to exceed 10 kWp size on the AC side, whereas commercial solar systems are limited to 500kW. Homeowners and businesses will have to obtain the required approvals from their local utility company and pass the inspection by the Electrical Safety Authority (ESA).

Additionally the GreenON Solar Rebates Program offers some incentives for Commercial Solar Thermal Air projects, which are intended to reduce natural gas consumption.

As per CanSIA (Canadian Solar Industries Association) the current solar energy program stream includes a 20 MW residential tranche and a 50 MW commercial tranche.

 

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