Solar panels in Stratford, Prince Edward Island

Stratford is an excellent location for residential solar energy in Canada. Solar panels in Stratford produce an average of 1,100 kWh of electricity per year for every 1 kW of solar capacity installed. A typical 10 kW residential system generates approximately 11,000 kWh annually – enough to offset most household electricity consumption. Located just across the Hillsborough River from Charlottetown, Stratford benefits from the same Gulf of St. Lawrence maritime climate that makes PEI one of the top solar provinces in the country.

Stratford residents served by Maritime Electric pay 14.37¢/kWh for the first 2,000 kWh per month, with a lower rate of 11.42¢/kWh for additional consumption, plus a $24.57/month service charge (effective March 1, 2025). PEI ranks as the 6th most expensive province for electricity in Canada, and rates have increased over 12% in recent years. By going solar, Stratford homeowners can save approximately $1,500 per year on electricity costs. With PACE Atlantic’s 0% interest financing available in Stratford, many homeowners can go solar with no upfront cost and see savings from month one.

Stratford residents benefit from PEI’s Net Metering program with full 1:1 credits at the retail electricity rate for systems up to 100 kW. Credits expire annually on October 31st. The PACE Atlantic financing program is available in Stratford, offering 0% interest loans over 15 years for up to $40,000 or 15% of property value. The efficiencyPEI Solar Electric Rebate Program ($0.50/watt, max $5,000 for homeowners) has been paused since September 5, 2025, pending 2026-27 funding approval – check efficiencypei.ca for updates on resumption. The Energy Efficiency Loan Program (up to 100% of cost at 5% over up to 15 years) currently requires efficiencyPEI rebate pre-approval, which is also paused. The federal Canada Greener Homes Grant and Loan are both closed to new applicants.