Community solar as any solar project or purchasing program, inside a geographic area, wherein the advantages of a solar project flow to multiple customers comparable to individuals, businesses, nonprofits, and other groups. (Cook County Government)
The solar industry in Canada is booming. One province, particularly, is growing at record speed.
For the past five years, Nova Scotia has seen a record variety of residential solar projects annually. Currently, there are around 6,000 Nova Scotians with solar panel installations.
“With electricity prices rising, people see solar as a approach to mitigate increases,” said David Brushett, chair of Solar Nova Scotia. “Also, people care concerning the problems with climate change and see it as a approach to take motion to assist reduce emissions.”
The affordability of solar panels has also improved significantly over the past decade. Due to technological improvements, panels are more efficient and inexpensive than ever.
The worth of solar panels has dropped by almost 90 percent over the past ten years. With plans to bring more of the availability chain home, Canadians could see a fair greater reduction in the price of panels over the following five years.
Change is underway.
To this point, the expansion experienced has been primarily within the residential sector.
Nevertheless, David Miller, the director of unpolluted electricity with the Department of Energy and Renewables, explains the expansion within the business market was previously limited by regulations.
“Previously, the max installed limit was 100 kilowatts, so it’s now 200 for some businesses and as much as 1,000 for others,” Miller said. The hope is these changes in regulations will help promote growth within the business market as early as next 12 months.
With latest deductions and tax incentives available to businesses, there will likely be much more reasons for businesses to contemplate going solar.
Soon, going green could possibly be easier than ever.
One other interesting initiative the province is exploring is community solar.
Although the worth of solar has dropped dramatically in recent times, upfront costs still keep many householders out of the market. Community solar would allow individuals to subscribe to using clean energy produced by the project. They wouldn’t need to own or install the panels on their very own property.
Community solar can be a way for the province to make it possible for a lot of more Nova Scotians to access solar affordably.
Depending on the terms, for many who rent, community solar projects may be a approach to offer Nova Scotians the chance to buy energy from a renewable resource, even in the event that they are within the rental market.