Great news in the land of sunny Alberta! Energy Efficiency of Alberta has updated their funding rates for its Residential and Commercial Solar Program (RCSP) as of Nov 2018. All new applications submitted right now will qualify for these new rates. Even better news for our Edmontonian neighbors, the City of Edmonton Residential solar grant is still available for additional funding. Here is a breakdown of the rates for funding:
Rates based on installed solar DC capacity in Watts:
| Customers | City of Edmonton | Rest of Alberta |
|---|---|---|
| Residential |
Lesser of: $0.90/Watt or 35% of total project cost ( maximum grant value of $10,000) +$0.15/Watt |
Lesser of: $0.90/Watt or 35% of the total project cost (maximum grant value of $10,000) |
| Commercial |
Lesser of: $0.75/Watt or 35% of the total project cost (maximum grant value of $1,000,000) |
|
| Non-Profit Organizations |
Lesser of: $1.00/Watt or 35% of the total project cost (maximum grant value of $1,000,000) |
|
The increase in the funding rates is meant to generate further interest in the program. In 2019, the Government of Alberta would like to reduce greenhouse gas emissions in our province by about half a million tons (the equivalent of 70,000 passenger vehicles off the road) through the implementation of this program.
To learn more about the program and it’s details, feel free to visit the Energy Efficiency Alberta website at, https://www.efficiencyalberta.ca/solar/ Thank you to all of our existing customers who have installed a system with Dandelion Renewables and have benefited greatly through this program. To our prospective customers, we welcome you to contact us to see how you can benefit from a grid-tied solar PV system and from the new Government funding rates. We will be happy to assist you with sizing a PV system size to meet your needs and calculate the funds that you will be eligible for. We look forward to hearing from you!