What the End of the Solar Loan Means for Homeowners
The government’s solar loan program will officially end on October 1st. Here’s what that means if you’re thinking about going solar.
If You’ve Already Been Approved
If you’ve already received approval, you’re still eligible for your funds. The main concern now is timing—whether the money will actually be released after the program closes. If you’ve been approved, reach out to us or your solar company to make sure your financing is secure.
For New Customers
After October 1st, the loan program will no longer be available for new applications. That said, there are still great incentives to help make solar affordable. BC Hydro continues to offer a $5,000 rebate for residential customers, and commercial projects can still benefit from the federal tax credit.
Moving Forward
Even without this loan, solar remains one of the smartest long-term investments for your home. With rising electricity costs, generating your own power helps you save year after year. A well-designed system can even reduce your bill to just the basic connection fee.
At Integrated Solar Solutions, we’re still here doing what we do best—designing and installing custom solar systems while supporting our customers every step of the way.
Final Thoughts
The loan program may be ending, but solar power in BC is only growing. Incentives will continue to evolve, and we’ll keep you informed about new opportunities.
https://integratedsolarsolutionsbc.com