Solar power has never been more accessible for Ontario homeowners.
The new Ontario Home Renovation Program (with up to rebates of $10,000) can be combined with the Federal Greener Homes Loan program (which offers interest-free loans up to $40,000), providing homeowners more options than ever to pay for their solar panels. If you’re considering solar panels for your home, now is an excellent time to understand your options and potential savings. Let’s explore how clean, green, solar power could work for your household.
Solar Panel Benefits: The Basics
Solar panels on your home let you generate clean, green electricity using the sun’s power and reduce your dependence on “the grid.” Via solar net-metering, homeowners can use solar panels to offset up to 100% of their electricity consumption and get credits for the “extra” energy they produce. This all adds up to a significant reduction in your energy costs and becoming insulated from electricity price fluctuations. You will be in control of your electricity!
Ontario’s New Solar Rebate Program
Paying for solar panels is always top of mind when considering going solar. In January 2025, the Ontario government launched the Home Renovation Savings Program, a key part of its $10.9 billion energy efficiency initiative. This generous program provides homeowners a rebate of up to 30% of the cost of eligible home energy improvements – including solar panels and battery solutions – up to a max of $10,000
This incentive goes a LONG WAY toward helping homeowners reduce the cost of solar panel and battery installations. Talk to Otter Energy today to get your incentive and get going with solar!
Get Interest-Free Financing Through The Greener Homes Loan
On top of the new Home Renovation Savings Program are the $40,000 interest-free loans available through the Canada Greener Homes Loan program. This popular federal program provides interest-free financing for homeowners to make their homes more energy-efficient by installing solar panels. The best part is that this 10-year loan can be COMBINED with the Home Renovations Savings Program incentive! It’s never been easier to fund solar panels and battery back-ups for your home in Ontario.
Solar Panels Increase Your Property Value
Homes with high-quality solar panels and battery backup solutions like Otter Energy installs are becoming more and more attractive to home buyers. Solar panels are more efficient than ever, last 25 years (or more), have lifetime warranties and their low-profile designs look better than ever. Depending on which statistics you choose to believe, solar panels on your home may increase the resale value of your home by more than 5%!
Mitigate Your Home’s Environmental Impact
Solar panels let homeowners take a significant stride toward environmental sustainability, offering a concrete and measurable way to minimize their carbon footprint. When a household transitions to solar power, it typically reduces its greenhouse gas emissions by 3-4 tonnes annually—equivalent to taking a car off the road for an entire year. This reduction is particularly meaningful in Ontario, where natural gas still contributes to electricity generation during peak demand periods.
Residential solar panel installations offer broader environmental benefits beyond immediate carbon reductions. As more homeowners adopt solar technology, the decreased demand for grid electricity reduces reliance on sources that cause pollution. Solar panels require minimal maintenance, and their 25–30-year lifespan of clean energy generation creates a lasting positive impact on Ontario’s environmental health.
Otter Energy has been Ontario’s #1 choice for solar panel installation since 2009. We’ve installed more than 450,000 panels.
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