What are the financial benefits of Solar PV?
If you are located in Ontario, you can sell your power back to the grid through the Net Metering Program.
You can depreciate the cost of the system to reduce your taxable solar income to zero, which increases your effective rate of return (consult your tax advisor and Canada Revenue Agency).
Increase the resale value of your home. Homes with solar installations have been shown to sell more quickly and sell at a premium.
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