Current demand for residential solar roofing systems in Canada

Whether it is to offset the cost of electricity for your home or be a part of the green energy solution, the demand for residential solar power in Canada continues to grow. To meet the demand, solar roofing companies in Victoria are busier than ever installing customized solar panel systems for people keen on saving money and reducing their carbon footprint.

Demand for solar roofing systems is inspired by:

• Cheaper panels with increased efficiency
• Climate crisis
• Diminishing fossil fuels
• Federal and provincial incentives

When looking at the rise in interest in solar power we can see it is inspired by a few things. The cost of solar panels continues to drop as their efficiency steadily increases. Several incentives (described below) are being offered by the government to encourage and help people make the switch to solar. And environmental concerns are growing ie. the global climate crisis continues to get worse, and the ongoing diminishment of fossil fuel reserves is making them more and more expensive.

Incentives for switching to solar energy in Canada

• Canada Green Homes Initiative
• Renewable Energy Systems
• PST Tax Exemptions in BC 
• Net-Metering (BC Hydro)

Canada Green Homes Initiative: Offers grants up to $5000 to offset the cost of home retrofits, up to $600 toward the costs of before and after EnerGuide home evaluations, and interest-free loans from $5000-$40, 000 over ten years.

Renewable Energy Systems: This year, through to December 15, 2022, a limited number of rebates for RDN Electoral Area residents are being offered on a first come, first served basis, for those purchasing a photovoltaic solar panel system

PST Tax Exemptions in BC: Solar photovoltaic collector panels, and wiring, controllers, and devices that convert direct current into alternating current, if they are sold with, and as part of, a system that includes

solar photovoltaic collector panels are exempt from PST

Net-Metering (BC Hydro): “When you generate more electricity than you need, you feed it back to our grid and get a generation credit towards your future electricity use.”

The current demand for residential solar roofing systems in Canada will continue to grow as interest in renewable energy rises, prices drop and the benefits of solar become more well known.

Questions about this article? We’d love to hear from you. Give us a shout at 250-516-5932. NetZero Solar is located in beautiful Victoria, BC.