BC Hydro recently announced a major change to their commercial solar and battery rebate streams, effective starting May 13th.
The news came shortly after BC Hydro’s $150,000 indigenous rebate stream was paused earlier this year. The BC Hydro rebate reduction for each program is listed below.
Original Rebate | May 13th Updated Rebate | |
Businesses | $25,000 Solar + $25,000 Batteries | $10,000 Solar + $10,000 Batteries |
Multi-Family Buildings | $25,000 Solar + $25,000 Batteries | $10,000 Solar + $10,000 Batteries |
Social Housing | $75,000 Solar + $75,000 Batteries | $50,000 Solar + $50,000 Batteries |
Indigenous Groups | $75,000 Solar + $75,000 Batteries | PAUSED |
For businesses, multi-family buildings and social housing buildings that are still interested in solar, you can still access the current rebate amounts as long as you send in your application before May 6th.
The updated BC Hydro rebate reduction is happening very soon. It’s essential to have the application submitted by the deadline with all proper documents and information. Polaron has a team of experienced application specialists to assist our customers with all necessary BC Hydro paperwork.
With the popularity of the rebate programs, funds have been quickly claimed by commercial properties looking to lower energy expenses and improve energy security. That’s why we highly recommend getting started with your solar and battery application as soon as possible while the programs are still available. Contact us today!