Solar and Battery Storage Incentives Launched in Ontario: Key Information Unveiled

Ontario Launches Home Renovation Savings Program for Energy Efficiency

Ontario has unveiled a new initiative as part of its $10.9 billion, 12-year energy efficiency strategy. The program, known as the Home Renovation Savings Program, offers homeowners incentives for improving the energy efficiency of their homes.

Beginning in 2015, the program provides rebates for installing rooftop solar panels, with homeowners able to receive up to $5,000, covering 50% of the cost. Homeowners can also receive an additional $5,000 for pairing solar panels with battery storage, again covering 50% of the cost.

To qualify for the program, homeowners must own and reside in a single, semi-detached home, or townhome. They must also be at least 18 years old and connected to Ontario's electricity grid. Unfortunately, Cornwall Electric customers are not eligible due to being linked to Hydro-Quebec.

To confirm their eligibility for the program, homeowners can use a specific form. After installation, they must submit the necessary documentation to claim their rebate.

The program does not include net metering, meaning excess electricity cannot be sent back to the grid for bill credits. However, this does not diminish the potential savings for homeowners, as the reduced energy consumption from solar panels and battery storage can still result in lower electricity bills.

Other measures in Ontario's energy efficiency strategy include rebates for heat pumps, insulation, and smart thermostats. The strategy also includes expanded support for small businesses through the Peak Perks program, aiming to reduce peak electricity demand by 3,000 MW, equivalent to taking three million homes off the grid.

Unlike previous home energy programs, a home energy assessment is not required to access the rebates. Homeowners must, however, choose a qualified installer for solar panels and/or battery storage systems.

By participating in the Home Renovation Savings Program, homeowners can not only improve the energy efficiency of their homes but also contribute to Ontario's goal of a cleaner, more sustainable energy future.