Create clean energy, use it in your home, sell your surplus to the grid.
Liberate yourself from your utility company
What can I produce?
On a sunny day an average system (20 x 250W panels – 5 kW) can produce a kW every 15 minutes. To put that into perspective, your refrigerator uses approximately half a KW each hour.
How much can I save?
With monthly power bills of $10.83 your annual electricity costs could be as little as just over $120.00. With a large enough system this could be your annual power cost.
What is the ROI?
You can expect for your solar system to have paid for itself well within its warrantied lifespan. We estimate approximately ten to twelve years.
Increases property value
Ready to sell your home? Installing a solar system makes it more salable, easier to mortgage, and increases the value beyond its capital cost.
What happens if I produce a surplus?
Not to worry, power that your system produces is never lost or forgotten. Excess energy will be stored in the grid and purchased by NSP to be used by your community. If you produce more than you use NSP will write you a check at the end of the year.
Protects your roof
Installing solar panels on a shingle roof will protect the underlying shingles from sun damage, extending their lifespan.
What is the trade off?
Nova Scotia Power will purchase your green energy at the same rate that consumers purchase energy from the grid. It is a one to one trade off. The interconnection agreement stipulates that NSP will always pay the same rate for your power, even if they change the rate that they sell theirs.
What if the rate goes up?
Great! Unlike anyone without a solar system you may even be happy to see the power rates increase! It means you will see a shorter return on your investment because you will be selling your power at the new rate!