Newfoundland
Incentives & Rebates
Discover the incentives and rebates available in Newfoundland for sustainable energy solutions.
Newfoundland Solar Incentives
Discover available solar rebates, tax credits, and financial incentives in Newfoundland
Newfoundland and Labrador is positioned to become a clean energy powerhouse in Atlantic Canada, with abundant renewable energy resources and a growing commitment to sustainability. The province offers a range of incentives and programs to help residents and businesses invest in solar power and reduce their carbon footprint.
With progressive net metering policies, attractive rebates, and a commitment to sustainability, Newfoundland and Labrador provides an ideal environment for solar energy investments.
Newfoundland’s Solar Advantage
Newfoundland and Labrador offers strong solar incentives and a supportive environment for renewable energy adoption.
Residential Incentives
Newfoundland and Labrador offers various incentives to help homeowners reduce their energy costs and environmental impact.
This comprehensive federal program provides Newfoundland and Labrador homeowners with substantial financial support for energy efficiency upgrades, including solar panel installations, heat pumps, insulation improvements, and smart home energy systems. The program offers both grants and loans to help residents across the province reduce their energy costs and environmental footprint while increasing property values in Canada’s easternmost province.
Learn more about the Canada Greener Homes Loan.
Newfoundland and Labrador's Net Metering Program allows residential customers to connect renewable energy systems up to 100 kW to the Newfoundland Power or Newfoundland and Labrador Hydro electrical grid. When your solar system produces more electricity than you consume, the excess energy is fed back into the grid, and you receive a credit at the retail electricity rate. This program enhances the financial benefits of solar installations for Newfoundland residents by ensuring no renewable energy goes to waste.
Commercial Incentives
Businesses in Newfoundland and Labrador can access these programs to improve energy efficiency and reduce operational costs.
Commercial and industrial businesses in Newfoundland and Labrador can take advantage of this substantial federal tax incentive, which provides a 30% refundable tax credit for eligible clean technology investments, including solar photovoltaic systems, battery storage, and other renewable energy equipment. This program helps businesses reduce their carbon footprint while significantly improving their return on investment.
Businesses and income-earning individuals in Newfoundland and Labrador can take advantage of this federal tax incentive that allows for the immediate write-off of the full cost of qualifying clean energy equipment in the year of purchase. This includes solar panels, inverters, mounting systems, and battery storage solutions, providing significant upfront tax savings that improve project economics and cash flow.