The government of the western Canadian province of Alberta officially launched yesterday the Residential and Commercial Solar Program, a $36 million solar rebate scheme that is planned to support the deployment of around 50 MW of PV power through 2019.
Under the scheme, homeowners are entitled to receive a maximum rebate of $10,000. This sum is expected to cover around 30% of the costs for purchasing and installing the power generators. Businesses and non-profit organizations have the right to a 25% rebate up to a maximum of $500,000.
The province government stressed that rebates are based on the installation size and calculated at $0.75 per watt. Systems eligible to have access to the program must be installed by certified installers using CSA-approved panels and components or applicable certification to Canadian standards.
The government said that the program will enable the creation of around 900 jobs and should quadruple the province’s installed PV capacity each year, increasing it to 8 MW in 2017 and up to 140 MW by 2022.
In November 2016, the Alberta authorities announced a plan for the development of up to 400 MW of renewables under the first round of a competitive procurement process known as the Renewable Electricity Program (REP).
The provincial government expects the REP to attract at least C$10.5 billion ($7.8 billion) of private investment in new projects.
The program will utilize a mechanism similar to the Contracts for Difference (CfD) scheme in the U.K.