Today solar systems cost far less than they did 5 years ago. The federal government offers a 30% federal income tax credit for solar systems, plus the purchase is exempt from paying GRT. Solar systems act as a long-term price “hedge” against future utility rate increases.
A solar photovoltaic (“PV”) electric system uses panels placed on your roof or in a free standing ground array to convert the sun’s light (not the heat as many people believe) into electricity. Energy you don’t use is credited to you at the retail rate as it passes through your utility meter (called “net metering”) and out onto the utility grid.
A solar thermal system generally uses roof-mounted collectors for water heating or space heating, saving natural gas, propane, or electricity depending on your heating source.
Click on this image to access the interactive rebate flyer with links to each individual program.