Why Solar?
There are two main motivations for homeowners choosing solar: reducing their environmental impact, and gaining more control over rising electricity costs, both of which are becoming more urgent in today’s world.
For homeowners who wish to reduce their carbon footprint, solar is one of the most impactful steps you can take. A residential solar system reduces your reliance on fossil fuels and helps cut emissions, and the benefits outweigh the environmental costs of production, installation (especially roof-mount where the infrastructure already exists) and disposal at end of life.
If your main motivation is environmental, solar is a powerful way to take meaningful action at home.
The financial side can be a little more personal. Payback timelines vary depending on your roof, energy use, system size, and future electricity rates. That’s why we encourage homeowners to think of solar not only as an investment, but also as a long-term shift toward stability.
Most residential systems in New Brunswick are grid-tied and use net metering. That means you’ll still receive a monthly bill from NB Power (including the basic service charge and HST), but many homeowners find their energy costs drop dramatically from the first month of production, and there is deep satisfaction in seeing that reflected in your monthly bills.
If you want a deeper dive into the cost and benefit side, we wrote a full guide here:
Solar Panels: A Personal Cost-Benefit Guide for Homeowners
Why Now?
Solar technology has improved enormously in recent years and the pricing has shifted in a way we haven’t seen before.
We’ve just received our 2026 pricing, and the change is remarkable. The same panel model we installed in 2025 produced 445 watts. The updated version now produces 500 watts — at a cost that is 18% lower than we were paying less than a year ago.
With numbers like that, it’s tempting to wonder: Should I wait even longer? Will prices drop further?
We understand the instinct, but we also want to be honest: waiting comes with real risks.
While solar technology continues to improve, the materials used in these systems, including aluminum and silver, are becoming more expensive. Between inflation, commodity pricing, and the potential for tariffs, it’s unlikely we’ll see solar equipment stay this low for long.
And the longer you wait, the longer you remain fully dependent on the power company during a time period where electricity rates are continuing to rise (in NB 2025 saw an increase of 9.7%, and NB Power has requested another increase of 4.75% on Apr 1, 2026).
For many homeowners, the cost of waiting starts to outweigh any potential savings.
Another factor is incentives. Many people hoped to take advantage of federal programs like the Greener Homes Grant or the Canada Greener Homes Loan, but those programs have now ended, and there are currently no new federal incentives for residential solar.
That said, there is still support available locally.
The Beauséjour Renewable Energy Cooperative is a local, community-owned and managed investment co-op that has support available for residents and businesses looking to finance a renewable energy system. Explore this option here: https://beausejourcoop.wordpress.com
The NB Power Total Home Energy Savings Program currently offers a solar rebate of $200 per kW, up to a maximum of $3,000. This program also supports other energy efficiency upgrades, making it a great option for homeowners planning long-term improvements.