*Update for Feb 2021* A new federal – provincial rebate program for commercial building energy efficiency and solar energy has been launched. You can read about it HERE and contact us for details.
As of January 2021 there is a growing push for enabling policy to help individual people adopt renewable energy and efficiency measures, however the province of Alberta governed by the UCP has little to no interest in directly supporting green energy job creation policy of this type. This only changes when you demand it, so please contact your MLA and insist on direct support for people if you want policy to reflect the needs of homeowners as well as large business. We need to learn that as a society we need pipelines AND we need energy security for people through solar and other technologies.
We strongly recommend being in contact with your city council representative (In Edmonton to thank them and express support for the rebate program and outside of Edmonton to encourage them to join this program). Any other municipality can jump on board with Edmonton and they don’t need to run their own rebate program. It is already being operated and they could simply join it and set their own rates. Please contact your council representation on this issue if you want to see it expand to other regions of the province. We believe citizens of towns across Alberta deserve to access these programs not only major urban centres.
The following are a few updates to renewable energy subsidies and supports available in our region:
- City of Edmonton Solar Rebate (40 cents per watt up to $4,000 per home) With an average payout of around $2,700 or about 15% of your PV Installation cost this is a great help from a forward thinking municipality that is intent on reducing emissions and helping everyday homeowners gain energy security.
- *New in 2021* Energy Savings for Business Rebate Program for direct cash rebates on lighting, solar power, insulation, and other measures on commercial buildings.
- Federal Tax Incentive for Business (100% Tax credit, no capital cost depreciation) whatever your business spends on SolarNinjas services related to your PV Installation will be a 100% tax write off with no asset depreciation. This is a great way to accellerate your payback and protect your businesses revenue from taxation. All the income and savings from your solar install will then be directly going back into your business immediately.
- City of Edmonton Home Energy Retrofit Accelerator is a new program designed along the lines of the old federal EnergyStar program where an energy audit is performed, followed by upgrades after which you are paid a generous rebate depending on which upgrades you perform including solar energy from SolarNinjas, tankless hot water, 97% Efficient furnaces or a boiler, windows, insulation and more.
- City of Edmonton commercial Building Retrofit Accelerator is a very large program designed to entice you to do efficiency upgrades such as solar energy, LED lighting upgrades, insulation and building envelope, water and air heating upgrades etc.. rebates are available up to $150,000!
- Solar Loans – The previous NDP Government set up a green loans program that can only be accessed via a legitimate solar contractor such as SolarNinjas. Contact us for information on how you can borrow to pay for your entire home or business solar installation for as little as $135 per month and rates as low as Prime+1% up to millions of dollars for business, and Prime+2% for homes up to $60,000.
Of course, while some people are against “handouts” for individuals and businesses, they should remember that the oil and gas, coal and transportation industries as well as manufacturing and processing of raw materials industries have received billions of Alberta taxpayer dollars PER YEAR over the last 50 years of Alberta conservative government rule, including major utilities for power generation. These subsidies, taxpayer backed loans, incentives etc have created jobs, but create far FEWER jobs per million dollars spent than any equivalent investment in renewable energy and green tech jobs. (Solar creates 3x the jobs of oil or coal investment) so really if we are being fair it is not unreasonable to spend a few million dollars to support green transitions. We need oil and gas to evolve as well alongside us, but the pubic spending there has to stop or be balanced with spending in new sectors.
It is therefore more than fair and overdue that individual taxpayers receive some of their own hard earned dollars back for doing the right thing. It is not cheap to do the right thing, if it were then everyone would do it and these major industries wouldn’t have been demanding money for every step they take. You deserve your piece of the pie, and to make a safer, healthier, cheaper energy world requires that you have the freedom to get support from smart policy and incentives wherever they make sense.