New Brunswick is emerging as an Atlantic solar leader with improving incentives and growing installer expertise. From Moncton to Saint John to Fredericton, homeowners are discovering that solar can significantly reduce electricity bills. NB Power’s net metering program and rising electricity rates are making solar increasingly attractive across the province.
Current New Brunswick Solar Incentives (2025)
Programs that save you money on solar| Program | Amount | Eligibility |
|---|---|---|
| Federal Greener Homes Grant | Up to $5,000 | All homeowners |
| NB Power Net Metering | 1:1 retail credit | Up to 100 kW |
| Home Energy Loan Program | 0% financing | Up to $50,000 |
| No HST on Solar Equipment | 15% HST partially exempt | Federal portion only |
New Brunswick Solar Costs & Savings
What to expect for your investmentAverage System Cost (2025)
- 5 kW: $13,000–$16,000
- 10 kW: $24,000–$30,000
- 15 kW: $35,000–$43,000
Annual Savings
- Yearly savings: $1,000–$1,500
- Payback period: 12–16 years
- 25-year savings: $25,000–$37,000
Top-Rated New Brunswick Solar Installers
Verified New Brunswick solar companies with real reviews
Atlantic Solar
📍 Moncton, NB Residential & Commercial
Maritime Renewable Energy
📍 Saint John, NB Residential & Off-Grid
NB Solar Solutions
📍 Fredericton, NB Residential & AgriculturalNew Brunswick Solar FAQ
Quick answers for New Brunswick homeownersHow does NB Power’s net metering program work?
NB Power’s net metering program gives you a full 1:1 retail credit for every kilowatt-hour of excess solar energy you send back to the grid. Systems up to 100 kW are eligible. Credits roll over month to month, so summer overproduction can offset your winter bills, making solar a strong year-round investment.
What is the 0% Home Energy Loan Program?
New Brunswick’s Home Energy Loan Program offers interest-free financing up to $50,000 for energy efficiency upgrades including solar panel installations. The loan is repaid through your property tax bill over up to 15 years, making solar accessible without a large upfront payment. Eligibility requires a home energy assessment.
Does Atlantic weather affect solar panel performance in New Brunswick?
New Brunswick receives enough sunlight to make solar viable and cost-effective. Modern panels perform well in cold temperatures and even generate power on overcast days. Snow typically slides off angled panels, and the cooler climate actually improves panel efficiency compared to hotter regions. Annual production averages are factored into savings estimates.
Are electricity rates rising in New Brunswick?
Yes, NB Power rates have been steadily increasing and are projected to continue rising. This trend improves the solar payback calculation each year, as the value of the energy your panels produce grows with rate increases. Locking in solar now protects you against future rate hikes for 25+ years.
Solar resources by province
Incentives, installers, and costs specific to your region
