Rooftop Solar Has ‘Limited’ Economic Case in Most of Canada: Internal Memo
Installing rooftop solar panels has a “limited” economic case in most of Canada because it can take decades for homeowners to recoup their upfront costs, according to an internal government memo. “At present, the economic case for widespread residential rooftop solar PV [photovoltaic] installations in most jurisdictions across Canada is limited compared to other international jurisdictions,” says the May 20 internal report from the Department of Natural Resources prepared for Minister Tim Hodgson. The memorandum, which was first obtained by Blacklock’s Reporter, provided analysis and background on residential solar panel installations connected to the continental grid and their economic viability in Canada. The federal government released the document through an access to information request....
An internal government memo indicates that the economic case for rooftop solar panels in most of Canada is limited, as homeowners may take decades to recover their initial investment. The report from the Department of Natural Resources, prepared for Minister Tim Hodgson, analyzed the economic viability of residential solar PV installations connected to the continental grid. This document was released by the federal government via an access to information request.
- An internal government memo states that installing rooftop solar panels has a limited economic case in most of Canada.
- Homeowners may need to wait decades to recoup their upfront costs for solar panel installations.
- The Department of Natural Resources prepared the report for Minister Tim Hodgson.
- The memorandum analyzed the economic viability of residential solar panels connected to the continental grid.
- The federal government released the document through an access to information request.
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