Type of Program:
The Solar Electric Rebate Program makes solar power more affordable than ever before by providing financial incentive for Island homeowners, farms and businesses to install solar PV panels.
Comments on Funding:
Incentives for Businesses and farms are $350/kilowatt installed, up to 40% of installed costs, to a maximum of $10,000.
Incentives for Homes are $1,000/kilowatt installed, up to 40% of installed costs, to a maximum of $10,000.
When It Ends:
The applicant must:
select an approved efficiencyPEI solar PV installer from the Network of Excellence,
complete the application form and send it to efficiencyPEI with his most recent electric bill,
wait for the letter of acceptance before beginning any work,
submit his paid receipts to efficiencyPEI, once the work is complete.
The applicant must submit:
Other Things to Note:
Applicants can receive financing for the up-front costs of solar photovoltaic equipment through the Energy Efficiency Loan Program.