Solar Panel
Add solar power to your home and save
Solar power is one more way that homeowners can have more control over their energy future, while reducing carbon emissions, and improving air quality. Solar Photovoltaic (PV) systems can help you reduce your energy bills on average $1,750 per year.
How Solar Panel Works
The grid is used in a way similar to a battery. When you produce more than you are using you will export the excess power to the grid, and when you are using more power then you are making, you will import it. Even if you can’t install a system that would produce all of your power requirements, a grid-tie system is an excellent and sustainable way to reduce monthly power bills. This is when your annual system production offsets your consumption from the grid. In the summer, you make more than you use. In the winter you use more than you make. This way the credits in the summer can offset the use in the winter.
SolarHomes Program rebate
Efficiency Nova Scotia offers incentives to make solar electricity more affordable than ever. The SolarHomes program helps Nova Scotians harness the sun’s energy by offering a rebate on approved solar PV systems.
https://www.efficiencyns.ca/residential/programs-services/solar-homes/
https://www.halifax.ca/home-property/solar-projects/about-solar-city
Understanding Solar Power
Photovoltaic (PV) solar technology has been around since the 1950s, but, thanks to declining solar module prices, it has only been considered a financially viable technology for widespread use since the turn of the millennium.
Solar panel size is quoted in terms of the theoretical electrical output potential in watts. However, the typical output realized for installed PV systems—known as the "capacity factor"—is between 15% and 30% of the theoretical output. A 3 kilowatt-hour (kWh) household system running at a 15% capacity factor would produce 3 kWh x 15% x 24 hr/day x 365 days/year = 3,942 kWh/year, or roughly one-third of the typical electricity consumption of a Canadian household.
https://www.investopedia.com/articles/mortgages-real-estate/10/solar-power-home.asp