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Important news for commercial, industrial, and institutional property owners.

Generate your own solar electricity and quickly start seeing profits. This will be possible starting in 2026 thanks to Hydro-Québec’s exciting new subsidy program. (Official announcement expected in spring 2026)

Being part of Quebec’s energy transition pays off.

How does it work?

Here’s how it works.
Let’s imagine the following typical scenario

A commercial building owner is attracted by the idea of producing their own electricity and decides to invest in a 120 kWp solar panel system and a 100 kW energy storage system with 266 kWh of batteries.
Total installed cost: $550,000 (+ taxes)
  • $1,000/kWp subsidy for the solar system: $120,000
  • Subsidies related to the energy storage system: $70,000
  • Actual cost after financial assistance: $360,000
  • Add a refundable tax credit (30%): $108,000
And now the net investment is reduced to: $252,000

Now let’s talk about savings on your Hydro-Québec bills.

 

  • Electricity savings: $8,175 in the first year (+4.8% per year)
  • Power and GDP savings: $21,000 in the first year (+4.8% per year)
  • Operating and maintenance costs: $6,000 in the first year (+ inflation)
  • Depreciation in year 1 allows for a tax reduction (26.5%): $66,800 *
This leads to a payback period of only 6.9 years.

*IMPORTANT NOTE

 

It is permissible to depreciate the investment at 100% in the first year, which reduces the income tax for an average business in the first year by 26.5% of $252,000, or $66,800 in this example.
Result: total profits of $1,206,535 over 30 years
… and an ROI of 15.7%.
If you would like more details or a proposal to conduct a feasibility study for your building, please write to us here.

Government funding and incentives
for renewable energy

Are you based in Canada? Find out about the range of government support and funding programs available. Analysis of your project may allow us to help you in this matter. Ask our Customer services for more information!