Our solar energy experts help you navigate the path to renewable energy by breaking down government incentives, rebates, and policies.
By Megan Haley
Thinking about going solar in Canada? You're not alone. With energy costs on the rise and climate concerns top of mind, more homeowners and businesses are exploring the benefits of solar power. But for many, one big question remains: What kind of government support is available to make it affordable?
The good news? There’s a lot. Canada has rolled out a range of federal and provincial programs designed to help Canadians make the switch to renewable energy. Whether you’re a homeowner looking to save on electricity bills, or a business aiming to meet sustainability goals, these incentives can make a major difference in both cost and impact.
Starting Nationally
Let’s start with the Canada Greener Homes Loan—an interest-free loan of up to $40,000 offered to homeowners for energy-efficiency upgrades, including solar panel installations. It's a popular choice for those looking to reduce their energy costs while investing in long-term savings. Alongside that is the Canada Greener Homes Grant, which offers up to $5,000 in grant funding for eligible retrofits, plus $600 to cover the cost of pre- and post-upgrade EnerGuide evaluations.
For businesses, there’s the Clean Technology Investment Tax Credit (ITC), introduced in 2024. It offers a 30% refundable tax credit on eligible solar projects—an incentive designed to drive commercial adoption and strengthen Canada’s clean energy industry. Companies can also benefit from the Accelerated Capital Cost Allowance, allowing them to depreciate solar equipment more quickly and save on taxes in the early years of a project.
Tailored Support Across the Provinces
Depending on where you live, additional provincial incentives could be available. In Nova Scotia, for example, the SolarHomes Program provides homeowners with up to $3,000 in rebates. And for those installing battery storage alongside solar, Efficiency Nova Scotia offers further support—making renewable energy even more resilient in the face of storms and outages.
Over in Ontario, the province’s net metering program allows solar system owners to send unused electricity back to the grid in exchange for credits on their utility bills. It’s a great way to make the most of every sunny day and reduce monthly costs.
In Alberta, solar adopters in cities like Edmonton and Banff benefit from local rebate programs that can return hundreds—sometimes thousands—of dollars after installation. British Columbia also offers a provincial sales tax exemption on solar equipment, in addition to rebates for battery systems through BC Hydro.
The Bottom Line
Canada’s commitment to clean energy is backed by real, tangible incentives that make solar more accessible than ever. But understanding which programs apply to your situation—and how to access them—can be a challenge.
That’s where we come in.
At SolarBank, we help homeowners, businesses, and communities navigate the solar incentive landscape. From paperwork to installation, our team ensures you get the maximum return on your investment—financially and environmentally.
Ready to take the next step?
Get in touch today and let us guide you on the path to clean, renewable energy—with support every step of the way.
*Disclaimer: This article is entirely fictional and created for illustrative purposes only. It is not written, endorsed, or affiliated with SolarBank Corporation. Any quotes, statements, or attributions within this article are purely fictional and should not be associated with any real individuals or organizations.