|

BC Introducing Rebates for Solar Panels and Battery Storage

July 2, 2024

For the first time, BC Hydro will provide rebates for the installation of rooftop solar and battery-storage systems, making it easier for people and businesses to generate their own electricity, reduce their energy bills and deliver clean energy back to the electricity grid.

The new program supports the Province’s new clean-energy strategy that was released Thursday, June 27, 2024. The strategy focuses on building an economy powered by clean energy, creating new jobs and opportunities, and keeping electricity affordable.

Eligible homeowners can receive BC Hydro rebates totalling as much as $10,000 for installing a qualified solar photovoltaic (PV) system and battery-storage system together. BC Hydro will also be rolling out targeted rebates for apartment buildings, schools, community organizations, local governments, small businesses, social-housing providers and Indigenous communities, which could go up to $50,000 to $150,000 based on the individual customer.

The rebates will be available later in July.

In addition to helping BC Hydro customers save on their energy bills, adding more renewable generation and storage options helps strengthen the overall electricity system by reducing demand on the grid.

Providing solar rebates is part of Powering Our Future: B.C.’s Clean Energy Strategy, which outlines the actions government is taking to accelerate the shift to clean energy and create new opportunities for people and businesses throughout British Columbia, including:

Solar panel rebates 

PRODUCTREBATE AVAILABLE 
Solar photovoltaic (PV) panels  Up to $5,000 $1,000 per kilowatt (kW) of installed generator capacity.  Rebate amount capped at 50% of total installed product cost (including labour and materials). Maximum rebate $5,000.  

Battery storage rebates 

Battery storage allows you to store your excess renewable energy to power your home on cloudy days, overnight, or in the event of a power outage.  

PRODUCTREBATE AVAILABLE 
Battery energy storage systems Minimum storage size: 5 kilowatt-hours (kWh). Up to $5,000
$500 per kWh of installed storage capacity.  Rebate amount capped at 50% of total installed product cost (including labour and materials). Maximum rebate $5,000.  

Application details will be released later in July.

Go HERE for more information

Related Articles

Latest Articles

Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…