Home Solar Battery Installers Near Saskatchewan
Let’s learn about some of those incentives, the utility policies associated with interconnection and setup, and special solar financing plans for solar panels and systems in Saskatchewan.
Saskatchewan is a landlocked province in central Canada. As the country’s sixth most populated province, it is home to the cities of Saskatoon, Regina and Prince Albert. Both winters and summers are harsh, although summer does not last long.
The Saskatchewan provincial government does not provide direct solar rebates and incentives. Although its poor rate plans and policies are also solar deterrents, its higher energy prices can make it a favorable place for businesses and residents to invest in solar energy.
Saskatchewan does not provide any solar energy rebates or incentives that help to reduce the overall cost of solar systems.
Our EnergyPal Advisors can help you navigate any local incentives in your area and also apply them to the available solar panel offerings.
Rebates and Tax Breaks
Unfortunately there are no rebates or tax incentives in Saskatchewan. There may be some local ones in your town, so be sure to check.
Other Energy Incentives
Unfortunately there are no other energy incentives in Saskatchewan. There may be some local ones in your town, so be sure to check.
The Canadian federal government helps businesses to pay for their solar systems. It can abolish the first-year rule and achieve an accelerated Capital Cost Allowance (CCA) rate. For more information, visit the tax savings for industry portion of their website.
Utility policy factors determine what your utility provider pays you for the excess power you produce and what you save on your power bill by reducing electricity usage. Saskatchewan gets a somewhat low score for utility policies.
One important policy for solar customers is called Net Metering. Net Metering is a billing mechanism that allows solar customers to push electricity to the grid for credit that can be used later, like at night when your solar panels aren’t generating power. This incentivizes people to go solar, provides clean energy for others to use and prevents waste.
Some provinces have poorer net metering policies than others, meaning that credits may not be able to be rolled over to the next month or year, or that you don’t earn full watt-for-watt credit for your excess energy.
Saskatchewan’s Net Metering program is poor. Credits can be carried over into the next month, and you can connect a system up to 100 kW in size. However, you only receive half of the retail rate for the energy you produce.
Solar Setup Fees
Fees vary widely from $0 to $1000 depending on your electricity provider in Saskatchewan. These fess cover things like bi-directional meters (necessary for Net Metering) and interconnections.
Rate designs are comprised of monthly fees and either a flat or tiered rate you pay for electricity. Good rate designs, which save you money when you conserve energy, are tiered and have low fixed monthly fees. Poor rate designs have flat rates and high fixed monthly fees.
Saskatchewan is below average when it comes to the quality of its electricity bill rate design. It has flat rates and moderately high fixed fees (around $24 per month).
You still pay fixed monthly fees when you go solar because you are still tied to the grid. Being tied to the grid is a good thing, because otherwise you might not have power at night or if your system stopped working suddenly. Even if you go off of the grid and rely on a battery source, the high cost of the battery would not outweigh the monthly fee and the overall savings obtained from a net metering program.
PACE stands for Property Assessed Clean Energy and is a financing program for solar projects that is tied to the home instead of the homeowner. The PACE program is not available in Saskatchewan.
Other Energy Financing
Solar systems can be financed by bank loans, solar installer financing, new home mortgages, energy loans and home equity loans or lines of credit. Cash works too. Talk to your EnergyPal Advisor about financing solar options in Saskatchewan. We regularly source the best deals and terms for customers.
Talk to your EnergyPal Advisor about financing solar options in Saskatchewan. We regularly source the best deals and terms for customers.