Our biggest incentive that is here to stay is the abundance of sunshine and wind in Alberta and Saskatchewan.
Alberta Micro-Generation - The regulation allows offsetting the site energy consumption with the energy generated on site, so called net-metering.
Alberta Growing Forward 2 Program – On-Farm Energy Management - The Government of Alberta Growing Forward 2 Program has introduced the On-Farm Energy Management grant for Alberta farms for the 2013 season.
This program is designed to cover up to 50% of the cost of investments of energy efficient upgrades (to a maximum of $50,000) which will in turn conserve energy and reduce carbon emissions.
Saskatchewan Net Metering – The Saskpower Net Metering Rebate program covers 20% (to a maximum of $20,000) towards the installation cost of new environmentally friendly power systems.
Customers interested in participating in this rebate program must submit an application for net metering and preliminary interconnection study. A fee of $315 for the preliminary interconnection study must be paid at time of application.
This program is open to residents, farms and businesses pursuing projects up to 100 KW and that qualify as an Environmentally Preferred Technology.
CCA Class 43.2 – Faster tax depreciation of the capital expenses under CCA Class 43.2 is limited to the net income generated by renewable system. It applies to renewable generation that is build for profit. Since projects under the micro-generation regulation are intended to offset their load consumption, they are not expected to generate income, and thus they cannot claim faster depreciation under CCA Class 43.2.
GHG Emission Credits - New GHG offset protocol for micro-generation applicants is now reviewed by Alberta Environment. If approved, the micro-generation applicants could receive additional ~1.9 cents per KWh for the term 8 + 5 years or longer.