Flexible Financing Solutions

Financial Assistance Options

Make solar energy affordable with our comprehensive financing options, government rebates, and secure payment plans designed for Calgary homeowners.

Average Solar Investment Breakdown

Understanding the true cost and savings of going solar in Calgary

$15k-$30k
Average System Cost
5-10kW residential system
$1,500+
Annual Savings
Average electricity bill reduction
5-7 yrs
Payback Period
With incentives and savings

25-Year Savings Projection

Total Energy Production (25 years)$60,000 - $75,000
System Cost (after incentives)-$12,000 - $25,000
Net Savings$35,000 - $50,000
2.5y
5y
7.5y
10y
12.5y
15y
17.5y
20y
22.5y
25y
Cumulative Savings ($)

* Assumes 5% annual electricity rate increase. Actual savings may vary.

Financing Options

Choose the payment plan that works best for your budget and financial goals. All options are secure and designed with your needs in mind.

High Security

Cash Purchase

Low - One-time payment

Upfront
Full System Cost
Interest
0%
Term
Immediate Ownership
Key Benefits:
  • Best long-term savings
  • Highest ROI
  • Immediate 100% ownership
  • No interest costs
High Security

Solar Loan

Medium - Monthly payments

Upfront
$0-$1,000
Interest
2.99-6.99%
Term
5-20 years
Key Benefits:
  • Own system immediately
  • Fixed monthly payments
  • Tax benefits
  • Flexible terms
High Security

HELOC/Home Equity

Medium - Secured by home

Upfront
$0
Interest
Prime + 0.5-2%
Term
Flexible
Key Benefits:
  • Low interest rates
  • Tax-deductible interest
  • Flexible repayment
  • Leverage home equity
High Security

Government Programs

Medium - Application required

Upfront
$0-$5,000
Interest
0-3%
Term
5-10 years
Key Benefits:
  • Low/no interest
  • Grants available
  • Special incentives
  • Income-qualified options

Available Rebates & Incentives

Maximize your savings with government programs and utility incentives

Canada Greener Homes Grant

Up to $5,000

Federal grant for energy-efficient home upgrades including solar installations

Eligibility:
Canadian homeowners with completed energy audit

Alberta Municipal Solar Program

Varies by City

Calgary offers property tax-based financing for renewable energy systems

Eligibility:
Calgary residential property owners

Federal Solar Tax Credit

Up to 30%

Federal tax credit for solar energy systems (GST rebate on equipment)

Eligibility:
All Canadian solar installations

Net Metering Credits

Ongoing Savings

Sell excess energy back to the grid at retail rates

Eligibility:
All grid-connected solar systems

How We Help You Access Funding

OnO Electric handles all the paperwork and applications for you

1

Free Assessment

We evaluate which programs you qualify for

2

Application Support

We complete all rebate and financing applications

3

Document Management

We handle all required documentation and follow-ups

4

Fund Disbursement

Funds are applied directly to reduce your final cost

Get Your Custom Financial Plan

We'll create a personalized financing package that maximizes your savings and fits your budget.