The Halifax Solar City 2 program offers an opportunity for home owners to easily install a solar system, and stop paying so much for Nova Scotia Power and fuel supply. This is more than just energy efficiency – it is generating power yourself with the sun.
You might be surprised how affordable a solar installation is. Here is an example with the following assumptions:
– 14 x PV module (305W each) = 4.27kW system;
– Quality Solar offers installed cost of $10,000 + HST = $11,500 total;
– HRM Solar City offers 4.75% financing for 10 years;
– That’s an average of about $120 per month for 10 years;
– 4.27 kW system output is roughly 4967 kWhr per year;
– That’s worth about $700 savings / year (and more as rates increase);
– 25 year output warranty on PV modules and inverters.
The bottom line is an installation that costs about $120 per month, but generates almost $60 on average each month – and more as cost of electricity rises. After 10 years (or sooner), the installation and financing is paid for, and the system will continue to generate savings many years further.
There are also lower-cost options for Solar Hot Water, and Solar Hot Air installations with the same financing terms from HRM Solar City.
https://www.halifax.ca/home-property/solar-projects
Contact Quality Solar for more info or a free estimate. (contact info)
