Newfoundland solar companies

Is solar energy a good option in Newfoundland & Labrador?

Despite what many people think, solar energy is a great option in most of Newfoundland and Labrador! Solar power generation efficiency actually increases in cooler temperatures and is particularly well-suited for Canada’s climate.

How much do solar panels cost in Newfoundland & Labrador?

On average, solar panels in Newfoundland & Labrador cost $#.## per watt for an average installation cost of $13,000 for a 5kW system. Depending on the solar installer you choose, the total solar panel installation cost can range plus or minus $5,000 but the above is an average cost of a solar panel system.

Does Newfoundland and Labrador offer solar incentives?

Newfoundland and Labrador does not currently have any solar incentive programs. These factors are important because they reduce the upfront system costs. We’ve scored Newfoundland and Labrador 4/20 for this section. There are no solar rebates or tax credits in the province.

Does Newfoundland & Labrador have a solar tax credit?

In Newfoundland & Labrador specifically, unfortunately, there is no local state tax credit. Newfoundland & Labrador removed the solar tax credits as of 2021 and there is no date for the tax credit to return. However, the federal tax credit will still help with the cost of solar energy in Newfoundland & Labrador.

How much does electricity cost in Newfoundland and Labrador?

Newfoundland and Labrador is in the middle of the provinces with respect to electricity prices – higher prices mean higher savings potential. Based on a monthly usage of 1,000kWh, the average total cost of electricity in Newfoundland and Labrador is $0.148/kWh (this number includes both fixed and variable costs).

Who is Terra-green solar?

Personal, Professional Service Tailored to Your Energy Needs and Budget TERRA-GREEN SOLAR was created in 2021 to serve the needs of forward thinking consumers who require power on their own terms. With the rising cost of electricity looming on the horizon many of our customers are looking for a way to "Future Proof" their energy needs.