Thanks to the enthusiastic response from residents of Wards 29, 30, 31 and 32, the Solar Neighbourhoods Pilot Project has now reached its target of 100 systems ready for installation in our pilot program area. That means a very successful end to our special incentives and loans for solar hot water, but it does not mean an end to our support for homeowners interested in using the free energy of the sun. In fact, installing a solar hot water system makes good sense even without the Solar Neighbourhoods incentives. Here are just some of the reasons to consider solar right now:
You can claim the federal Home Renovation Tax Credit if your system is installed by Jan. 31, 2010.
The province will exempt renewable energy systems from the provincial sales tax up until Jan. 1, 2010.
Some suppliers, including the Bullfrog-Enbridge solar program, offer special financing or you can talk to your bank about options like a secured line of credit. This can reduce the cost of solar to what you pay for cable TV every month.
Thank you to everyone for supporting this pilot program to advance zero emission renewable energy use in Toronto. And remember: Solar Neighbourhoods staff will still be here and happy to answer your questions for some time to come – 416-392-6795 or email solar@toronto.ca.