A SOLAR THOUGHT AFTER THE PROVINCIAL ELECTION

With an election victory for the provincial PC’s, many are left asking ‘what’s next for solar in Ontario?’.  That is the million dollar question right now for professionals in the industry and those interested in going solar.  First off, I think we can all agree that solar is here to stay for the long-haul.  This change in government might present immediate political hurdles for green-energy incentives, grants and related programs BUT it will not derail the momentum solar has.  There are still many cases where solar makes sense for businesses and home-owners alike.  The installed cost of solar continues to drop, on it’s way to a level that will completely negate the need for any incentives.  At the same time, we will soon see the effects of the Wynne Liberal “Fair Hydro Plan” (https://www.ontario.ca/page/ontarios-fair-hydro-plan), which provided short term price relief in favour of higher electricity costs in the long term.  After the initial 4-year relief period, we could be looking at annual increases bringing our rates north of $0.30/kWh of delivered residential electricity by the 10-12 year mark.  It will be interesting to see how the Ford PC’s handle electricity rates, Hydro One issues and carbon taxes and credits.  As Canada’s solar energy leader, Ontario needs to continue to lead and not back-step.
Globally, solar is continually reaching new heights in installed capacity and penetration into new markets.  Here’s hoping the Ford PC’s choose to move Ontario forward to stay at the front of the pack. 

Ready to start your project?

We’re out in the field most days, so the best way to start the conversation is by form or email. Drop us a line and tell us about your proposed energy system and how we can help.

Ready to start your project?

We’re out in the field most days, so the best way to start the conversation is by form or email. Drop us a line and tell us about your proposed energy system and how we can help.