Make Your Own Power
Federal Climate Action Incentive Fund
If you’re a small or medium sized business owned (includes farmers) in Saskatchewan or Manitoba, there has never been a better time to go solar. Effective immediately, the federal government has launched an initiative to help fight climate change under the Climate Action Incentive Fund. The CAIF fund provides a refund of up to 25% on all energy-saving equipment.
Funding will range between $20,000 and $250,000 per project and eligible projects include the production of renewable energy – including solar. This federal funding is in addition to any provincial funding. That means you can save up to 45% on your solar project in Saskatchewan!
Saskatchewan has been allocated $30 million of the fund, so there’s plenty to go around. It’s first-come, first-serve so reach out to one of our Solar Advisors today to get more information.
SaskPower Incentives & Rebates
With solar power you’re locking in your energy costs, and providing yourself with peace of mind as utility prices increase. In the last three decades, utility rates have gone up an average of 6%, meaning your savings will continue to grow. SaskPower has a goal to reduce emissions by 40% from 2005 levels by 2030.
SaskPower Solar Rebate:
The SaskPower Solar Rebate is the largest solar incentive in the province offering a rebate of $0.61 per watt. This one-time rebate is the equivalent to 20 per cent of equipment and installation costs to a maximum payment of $20,000.
Net Metering Program
SaskPower, Saskatoon Light & Power, Swift Current Light & Power all participate in a Net Metering program. This program allows home owners and farmers to make their own power and save money while doing it. When you make your own power you don’t have to buy as much from SaskPower and if you make too much you’ll get credit that carry over to your next month’s bill (for up to 3 years).
Power Generation Partner Program
SaskPower’s Power Generation Partner Program allows you to make power and then sell it back to them. Solar generation projects must be 100 kW up to and including 1 MW. You can submit applications for more than one project but the total power generated from all renewable projects must be 1 MW or less. Visit SaskPower’s website through the link below to learn more about program costs, energy prices and technical requirements.
How to Claim Savings
Leave it to us!
Doing things for the better good doesn’t mean you have to go it alone. If you want to make your home or farm more energy efficient, SaskPower will help you. And once the solar panels are installed, Saskatchewan homeowners don’t have to worry about maintaining their system. Our systems are maintenance-free and can last up to 40 years. If, in time, your energy requirements increase, miEnergy can install additional solar panels.
We want to see you save as much money as possible while switching to a renewable energy source. As a miEnergy customer, we take care of the entire process as part of your project. So don’t worry about researching, applying and filling out forms—that’s our job!