There are now more ways than ever to secure a successful investment through solar technology. The simplest way to begin your investment is through the Greener Homes rebate. You can save thousands by investing in solar. The government has announced and implemented grants of up to $5,600 to help homeowners make energy-efficient retrofits. Announced in the 2020 Fall Economic Statement, the Greener Homes incentive is available to homeowners going solar retroactive to December 1, 2020. Check out our previous post about the details and qualifications for the Greener Homes rebate here.
Stop paying your electric company.
By going solar, you can finally stop paying your electric company for electricity. Thanks to the net metering program, homeowners are credited for the excess energy their solar panels generate. These credits can be used to offset the cost of any electricity you may have to pull from the grid. As a result, you no longer have to pay for your electricity and could save tens of thousands of dollars on rising electricity costs over the lifetime of your solar system.
Improve the value of your home.
Among all other retrofit options, solar is one lucrative choice because it can increase your property value by a significant amount. According to a study by Berkeley National Labs, a solar installation can increase your property value by 5-10%. In addition, solar panels can also help properties sell more quickly. Many home buyers are becoming more environmentally conscious and are actively seeking greener properties. Sarah Mikhitarian, a Zillow senior economist stated that “There is increased demand for green living. More than 80% of buyers now say energy-efficient features are important in selecting their home.” Solar panels also have an additional passive benefit of extending the lifespan of your shingles. The decrease in UV exposure means that they will not degrade at the same speed as a shingle typically exposed to sunlight. Higher property values and longer-lasting shingles are even more ways going solar continues to be a sought-after investment.
Long-lasting, German-engineered solar panels.
A typical concern with solar is that the equipment will not last past the ROI period, making them an inefficient investment. Our tier 1 solar panels will last you on average 40-50 years which is way beyond the break-even point. Therefore, your solar investment will result in a net gain of thousands of dollars due to the amount of savings year over year by not having to pay for your electricity. At Solar X, our solar panels are German engineered and also come with a 25-year performance warranty.
How to get started?
We use the latest and most effective technology in the market, keeping customer satisfaction as our highest priority. Our team of experts will help you obtain all of the incentives you may be eligible for including (but not limited to) federal rebates, provincial rebates, and the Greener Homes incentive.
Solar X is also a 100% Canadian-owned and operated company and is rated as one of the best solar panel contractors in Canada. All of our systems are installed by licensed and trained professionals with decades of experience. Our team of experts will take care of all aspects of your solar project and be with you every step of the way. This includes everything necessary for your project such as rebates, net-metering, site assessments, electrical upgrades, building permits, etc. Should you have any problems or questions about your system, our Canada-wide team will always be available to assist, no matter which part of the country you reside in.
Speak with one of our advisors today to explore your investment solutions with solar and receive a free, no-obligation quote for your system. We make it easier than ever to invest in clean, renewable energy.
Book your appointment today and discover the opportunities solar provides.