Solar Panels PEI – Incentives, Costs & Top Installers

Solar panels on a Prince Edward Island property

Prince Edward Island Solar Energy Guide

Your complete resource for Prince Edward Island solar incentives, costs, and top installers

$14K–$17K 5 kW System Cost
$1,000–$1,500 Annual Savings
12–16 Yrs Payback Period
4 Programs Available Incentives

Prince Edward Island may be small, but it’s making big strides in solar energy. Charlottetown and surrounding communities are experiencing solar growth thanks to generous provincial incentives and Maritime Electric’s net metering program. PEI’s commitment to renewable energy and community solar projects makes it an exciting place for solar adoption.

Current Prince Edward Island Solar Incentives (2025)

Programs that save you money on solar

ProgramAmountEligibility
Federal Greener Homes GrantUp to $5,000All homeowners
Maritime Electric Net Metering1:1 retail creditUp to 100 kW
PEI Home Energy ProgramUp to $3,200Energy efficiency combo
No HST on Solar Equipment15% HST partially exemptFederal portion only

Prince Edward Island Solar Costs & Savings

What to expect for your investment

Average System Cost (2025)

  • 5 kW: $14,000–$17,000
  • 10 kW: $26,000–$32,000
  • 15 kW: $37,000–$45,000

Annual Savings

  • Yearly savings: $1,000–$1,500
  • Payback period: 12–16 years
  • 25-year savings: $25,000–$37,000

Top-Rated Prince Edward Island Solar Installers

Verified Prince Edward Island solar companies with real reviews

Island Solar

Island Solar

📍 Charlottetown, PE
★★★★★ 4.6/5
Residential & Commercial
Atlantic Renewable Energy

Atlantic Renewable Energy

📍 Summerside, PE
★★★★★ 4.5/5
Residential & Off-Grid
PEI Green Energy

PEI Green Energy

📍 Montague, PE
★★★★★ 4.4/5
Residential & Agricultural

Ready to Go Solar in Prince Edward Island?

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Prince Edward Island Solar FAQ

Quick answers for Prince Edward Island homeowners

How does Maritime Electric’s net metering work on PEI?

Maritime Electric’s net metering program provides a full 1:1 retail credit for excess solar electricity you export to the grid. Systems up to 100 kW are eligible. Your meter tracks both consumption and generation, and credits carry forward monthly to offset future bills. This makes solar especially valuable during PEI’s long summer days.

What is the PEI Home Energy Program?

The PEI Home Energy Program offers up to $3,200 in rebates for energy efficiency improvements including solar installations. To qualify, you need a pre- and post-retrofit energy assessment. The program can be combined with the federal Greener Homes Grant for maximum savings, potentially reducing your total solar cost by over $8,000.

Does PEI’s island weather affect solar panel output?

PEI receives solid solar irradiance comparable to many parts of Germany, which is a world leader in solar energy. The island’s maritime climate means cooler temperatures that actually help panels operate more efficiently. Wind helps keep panels clear of snow and debris. Modern panels generate meaningful power even on partly cloudy days.

Are there community solar options available on PEI?

Yes, PEI is actively developing community solar programs that allow residents who can’t install rooftop panels to participate in shared solar projects. These initiatives let you subscribe to a portion of a larger solar array and receive credits on your electricity bill. Check with Maritime Electric and local energy cooperatives for current community solar opportunities.

Solar resources by province

Incentives, installers, and costs specific to your region

British Columbia coat of arms
British Columbia
$2.60–$3.30/W installed
PST exempt
Tax savings
9–13 yr
Payback
PST exemption on solar equipment
BC Hydro net metering (1:1 credit)
CleanBC rebates available [VERIFY]
View BC guide
Alberta coat of arms
Alberta
$2.50–$3.10/W installed
No PST
Tax savings
8–12 yr
Payback
No provincial sales tax on equipment
Municipal solar rebates available [VERIFY]
Highest sun hours in Canada
View Alberta guide
Saskatchewan coat of arms
Saskatchewan
$2.70–$3.30/W installed
No PST
Tax savings
9–13 yr
Payback
PST exempt on solar equipment
SaskPower net metering program
Strong prairie sun exposure
View Saskatchewan guide
Manitoba coat of arms
Manitoba
$2.80–$3.40/W installed
No PST
Tax savings
12–16 yr
Payback
PST exempt on solar equipment
Manitoba Hydro net billing [VERIFY]
Low electricity rates = longer payback
View Manitoba guide
Ontario coat of arms
Ontario
$2.60–$3.50/W installed
$10K
Max incentive
8–11 yr
Payback
HRS Program: up to $5K solar + $5K battery
Net metering with full retail credit
ULO rate: 3.9¢/kWh overnight arbitrage
View Ontario guide
Quebec coat of arms
Quebec
$2.80–$3.50/W installed
$1K/kW
Rebate [VERIFY]
12–18 yr
Payback
Hydro-Québec net metering [VERIFY]
Low electricity = longer payback
Provincial rebate program [VERIFY]
View Quebec guide
New Brunswick coat of arms
New Brunswick
$2.80–$3.40/W installed
HST rebate
Tax savings [VERIFY]
10–14 yr
Payback
NB Power net metering program
Total Home Energy program [VERIFY]
Federal Greener Homes grant eligible
View New Brunswick guide
Nova Scotia coat of arms
Nova Scotia
$2.70–$3.40/W installed
$6K+
Incentives [VERIFY]
8–12 yr
Payback
Solar Homes program [VERIFY]
NS Power net metering
High electricity rates = fast payback
View Nova Scotia guide
Prince Edward Island coat of arms
Prince Edward Island
$2.80–$3.50/W installed
$10K+
Incentives [VERIFY]
7–10 yr
Payback
Solar Electric Rebate Program [VERIFY]
Net metering with Maritime Electric
Among best incentives in Canada
View PEI guide
Newfoundland and Labrador coat of arms
Newfoundland & Labrador
$3.00–$3.80/W installed
Limited
Incentives
14–20 yr
Payback
Federal Greener Homes grant eligible
Net metering with NL Hydro [VERIFY]
Low rates = longer payback period
View Newfoundland guide
Yukon coat of arms
Yukon
$3.20–$4.00/W installed
$5K
Rebate [VERIFY]
12–18 yr
Payback
GEYSER rebate program [VERIFY]
Microgeneration policy [VERIFY]
Long summer days = high seasonal output
View Yukon guide
Northwest Territories coat of arms
Northwest Territories
$3.50–$4.50/W installed
AEIP
Rebate [VERIFY]
15–20+ yr
Payback
Arctic Energy Initiative Program [VERIFY]
Net metering with NTPC [VERIFY]
24hr summer sun = peak seasonal output
View NWT guide
Nunavut coat of arms
Nunavut
$4.00–$5.00+/W installed
Limited
Incentives
20+ yr
Payback
Federal programs eligible [VERIFY]
Off-grid diesel replacement potential
24hr summer sun = extreme seasonal output
View Nunavut guide

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