Quebec Solar Programs
With the lowest retail electricity prices in the country, due to abundant hydro-electricity in the province, Quebeckers don’t generally think of solar electricity as a good option.
Until recently, there were not really any financial programs to make solar panels more affordable.
A new 20% tax credit offered by Revenu Quebec changes the picture, bringing down the cost significantly.
Currently, Quebec has 2 financial incentive programs and 1 regulatory programs supporting the adoption of solar energy.
- Heating with Green Power
Financial assistance is available to you under the Heating with Green Power program for the replacement of fossil-fueled home heating systems and fossil-fueled water heater systems with systems that use electricity or other renewable sources of energy, including solar energy.
- RenoVert Tax Credit
This refundable tax credit has been introduced on a temporary basis to encourage individuals to invest in recognized eco-friendly home renovation work that has a positive environmental impact or improves their dwelling’s energy efficiency. The amount of the tax credit you can claim in respect of an eligible dwelling corresponds to 20% of the portion of your eligible expenses paid after March 17, 2016, and before October 1, 2017, that exceeds $2,500, up to a maximum tax credit of $10,000. Installation of photovoltaic solar panels must comply with the CAN/CSA-C61215-08 standard.
- Hydro-Quebec Net Metering
This rate option allows eligible self-generators to feed their surplus power into the Hydro-Québec grid in exchange for credits in kilowatt-hours. These credits are applied to the self-generator’s electricity bill. Inversely, if customers do not generate enough power for their needs, they can draw electricity from the grid and benefit from the reliability of Hydro-Québec’s power supply.
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