Directory/Canada/VREC Solar

VREC Solar

free
Vancouver, British Columbia, Canada
0.0(0 reviews)
Est. 2004
Serves 100km radius

About

Vancouver Renewable Energy Cooperative - BC's first worker-owned renewable energy cooperative operating since 2004. Sells, installs and provides consulting services for solar energy throughout British Columbia.

Solar Market in Canada

Electricity Rate
$0.17
per kWh
Solar Buyback Rate
$0.10
per kWh
Peak Sun Hours
3.5h
daily average
Panel Cost
$520
per kW installed
Est. Annual Savings
$1,303
6kW system

Available Solar Incentives in British Columbia

net meteringBritish Columbia

BC Net Metering Program

100%

BC Hydro Net Metering program allows customers with solar PV to receive credits for surplus electricity at the retail rate. Annual excess credited at the base Tier 1 rate.

rebateBritish Columbia

BC Hydro Solar PV Rebate

$5,000 (up to $5,000)

BC Hydro offers up to $5,000 in rebates for residential solar PV systems plus additional $5,000 for battery storage (5kWh+ capacity). Solar PV is also HST-exempt (7% savings).

tax credit

Clean Technology Investment Tax Credit (CT ITC)

30%

Federal refundable tax credit of up to 30% for eligible clean energy investments including solar PV. Available from March 2023 to December 2034 for businesses.

Valid until 12/31/2034Source

Address

Unit A, 1245 Glen Drive, Vancouver BC V6A 3M8

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