Brilliant Solar Panel Program Idea

I am very excited that Halifax Regional Municipality (HRM) Council has approved the concept of an innovative solar panel program this evening. The program has the capability of delivering significant energy and cost savings for homeowners while reducing greenhouse gas omissions. And it has an important CBSM component as well.

You can read the staff report to council (http://halifax NULL.ca/council/agendasc/documents/101102ca1121 NULL.pdf) here. You will see that a significant barrier to installation of hot water solar systems was identified by HRM staff. That is, the payback period of 10 to 12 years was too long for people to put up the $4000 to $5000 cost of system installation.Solar Panel (http://www NULL.beyondattitude NULL.com/wp-content/uploads/2010/11/SolarPanel NULL.jpg)

Staff at HRM have come up with an excellent strategy to remove that barrier. The idea is that HRM would contract for and pay for the installation of the system, allowing the homeowner to pay back the cost at $400 per year. As the projected savings to the homeowner is $500 per year, the homeowner pays for the cost through the savings they are realizing. After the system is paid for, the homeowner saves the full $500 per year.

Kudos to HRM staff and Council for this brilliant program. I hope we can see installations beginning soon!