Solar Incentives Available in British Columbia
Find out how you can save even more on your solar installation
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PST Tax Exemption (Bulletin PST 203) –
There is currently a 7% PST exemption for solar photovoltaic equipment (including inverters, wiring, etc.).
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The Canada Greener Homes Loan
Interest-free, unsecured personal loan for solar installations, up to $40,000, with a 10-year repayment term. A portion of the loan can even be delivered up front to assist in paying any deposits required by your contractor.
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Vancity Planet-Wise Renovation Solutions Loan
This provides financing for solar systems with a loan of up to $50,000 at a rate of prime + 0.75%. The loan features an amortization period of up to 15 years. You may look into this financing option if you need more than $40,000 or want a longer repayment term than is offered through the Canada Greener Homes Loan.
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RDN Renewable Energy System Program
The districts of Nanaimo and Lantzville are currently offering incentives up to $250 for in installation of a solar photovoltaic system.






