P.E.I. Announces Solar PV Program for Homes, Farms, and Businesses
A combined P.E.I./Federal Government program to provide financial assistance for homes, farms and businesses to install solar PV is now available. The program provides rebates up to 40 percent of the cost of installing solar panels, up to $10,000. The provincial and federal governments have set aside $2 million for the program, each contributing 50 percent of the funding. The program is being administered by Efficiency PEI. The province is also making financing available through Finance PEI who will offer a 15-year, five percent loan to help offset the cost of installation. The program will result in reduced GHG emissions by over 500 tonnes annually. For more information click here .