Solar photovoltaic (PV) systems convert sunlight into electricity. Most of the solar PV systems we sell are "grid tied" systems that require no batteries and take advantage of a special offering by BC Hydro and Fortis Electric called Net-Metering. But how does this actually work?

With increasing electricity prices and a dramatic drop in the manufacturing costs of solar arrays, the economics of going solar are getting better and better. Below are some of our favourite reasons to go solar.

 

Solar panels have 25-year performance warranties and are expected to generate a good amount of electricity well beyond that!

 

Solar panels offer a low risk, high return on investment over the life of the system. These projected returns are already after tax, unlike other investments like mutual funds whose returns will be subsequently taxed.

 

Solar panels increase your home's value. The Lawrence Berkeley National Laboratory found that homes with an averaged size (3.8 kW) solar system were selling at a $15,000 premium over homes without solar.

 

Investing in solar helps you gain independence and protect you against fluctuating and unreliable electricity pricing from BC Hydro and Fortis.

Solar Grants and SubsidiesAlthough the economics of solar can stand solidly on their own without subsidies, a range of solar grants, incentives, and rebates are periodically available.

Please note:  We aim to keep this information as up to date as possible – for complete eligibility, and current information, see the links provided.

Canada Greener Homes Loan

The Canada Greener Homes Loan offers up to $40,000 in interest-free financing for solar installations, payable over 10 years.

» Maximum: $40,000| Minimum: $5,000

» Repayment term: 10 yrs, interest-free. Loan type: Unsecured personal loan on approved credit

More information: https://www.nrcan.gc.ca/energy-efficiency/homes/canada-greener-homes-grant/canada-greener-homes-loan/24286

Canada greener homes loan

EV Charger Rebate

CleanBC Go Electric rebates for single-family homes, multi-unit residential apartments and condos, and workplaces. This program is part of the province’s CleanBC plan to make clean transportation more affordable and accessible for British Columbians.

Home Battery Systems

If you want to purchase batteries for storing the solar energy from your PV system, a portion of the cost may be eligible for Climate Resiliency Grants.

More Information: https://www.nrcan.gc.ca/energy-efficiency/homes/canada-greener-homes-grant/start-your-energy-efficient-retrofits/plan-document-and-complete-your-home-retrofits/eligible-grants-for-my-home-retrofit/23504#s7

Accelerated Capital Cost Allowance for Businesses
The Accelerated Investment Incentive for Clean Energy Equipment allows Canadian businesses to expense 75% of their solar installation in the first year, allowing for upfront tax savings that can be redeployed elsewhere. This incentive is gradually being phased out and will no longer be in effect after 2027.

More information: https://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/2019%20Tax-Incentives-Businesses__EN_v2.pdf

 

Tax Incentives for businesses

30% Refundable Tax Credit for Businesses
The Clean Technology Investment Tax Credit (ITC) is a new refundable tax credit that enables corporations to access a refundable investment tax credit for up to 30% of the cost of a solar PV installation. This is a new but significant incentive that makes solar a much more attractive investment for businesses.

SunnyHouse

At Roost Solar we work with all our customers to design and install solar PV systems that are tailored to their unique situation. We’ll manage every part of the design and installation of your project with professionalism and care so that you can rest easy throughout its decades of service.

Step 1: Preliminary Estimate

Give us a call or fill out our online form to provide us with information needed to come up with a preliminary estimate. We will email you an estimate that includes site-specific solar production calculations, savings calculations, and expected cost of different solar PV systems, so that you can get an initial sense of the systems that might work for you.

Step 2: Site Visit
Next we will schedule a one-hour site visit, during which we will confirm any assumptions made in our preliminary estimate. This includes looking at the capacity of your existing electrical panel(s) to accommodate solar and performing an onsite shade analysis. If electrical consumption data from your utility provider was not provided already, getting a copy of your historical electrical consumption at this stage will also provide a more accurate calculation of projected solar energy savings.

Step 3: Final Quote & Contract

We will provide a firm quote based on the site assessment. Once we have a signed contract in place, we will order all the parts for your project. We will also, on your behalf, submit the necessary paperwork for approval to interconnect your system to the BC Hydro, Fortis Electric, or other Utility provider's grid.

Step 4: Installation
The length of the install will vary with the size and complexity of the system. Most installations take approximately 1-2 weeks to complete. As most of the work is done outside, there is limited disruption to your day or access that is required. We believe that a quality installation is worth spending extra time and not cutting corners, and we also believe in the value of following through on our commitments. We won’t promise to deliver the fastest installation on the market, but with all our experience delivering solar installations, we know how to come through on-time and on-budget.

Step 5: Monitoring and Saving

The part you've been waiting for! Once we have approval from the Utility, you get to flip the switch and begin generating your own energy from the sun.  Our systems come with a proprietary monitoring system where you can see your detailed solar generation and the usage in your house all in single, easy to use app.

Did we mention you'll save tons of money on your Utility bills?

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