Monday, June 22, 2009
Quebec To Finance Residential Solar Panels
The provincial government today announced a pilot financial program to help residential property owners install solar panels on their homes.
The government hopes to help as many as 600 homeowners install solar-powered hot water heating systems on their roofs between now and October, 2010.
The subsidies vary from $2,700 to $4,250, depending on the size of the installation. That represents about 50 per cent of the cost, according to a press release from the Agence de l'efficacité énergetique.
That's good news for Energie Verte Benny Farm, the non-profit energy services company that organizes buyers' groups to steer consumers through the solar panel purchase and installation process.
EVBF expects its first buyers' group of about 20 to begin installing their roof-top solar panels this summer. It is currently holding workshops with a second group, which could result in another 30 or so buyers moving ahead this fall.
EVBF has been anticipating the subsidy plan for nearly 18 months.
The subsidies, combined with other federal and provincial incentives could reduce the cost of buying and installing solar panels by as much as 75 per cent.
The roof-top panels are used to preheat water for domestic use - bathing, dishes and laundry. Hot water consumption accounts for about 30 per cent of a home's total energy consumption. Using renewable solar power results in lower energy bills and eases the strain on the environment.
You can read the Agence de l'efficacité énergetique press release, in French only for the moment, here.