by Shawn Crowle
Are you thinking about making the switch to solar energy in Alberta? Whether you’re a homeowner, a farmer, or even a small business owner, investing in solar power can be a great way to save on your energy bills and reduce your carbon footprint, but like any big investment, you might be wondering how long it will take to see a return on that investment – that’s where the Solar Club™ by Camrose Energy comes in.
The average solar payback time for residential solar systems is typically 10 to 12 years. However, with the benefits of the Solar Club™, this payback period can be reduced to as little as 6 to 7 years depending on your individual setup and usage.. With exclusive lower rates, flexible plan options, and cash-back savings, the Solar Club™ is designed to help you reduce your solar payback time and start saving sooner. Let’s dive into how this unique program works and how it can benefit you.
Exclusive Lower Rates
One of the most significant benefits of the Solar Club™ is the exclusive rates it offers for Alberta Micro-generators. When you sigh up for the Solar Club™, you get access to special pricing plans tailored to your solar energy usage.
The low production solar rate of 9.45¢/kWh kicks in during times when solar generation is lower, and the high production solar rate (at 30.00¢/kWh) allows you to bank any excess energy you produce for future use. This means you’ll pay less and earn more – reducing your bills and your payback time.
Flexible Rate Switching
Every solar setup is different, and your energy needs will change throughout the year. That’s why the Solar Club™ offers flexible switching between summer and winter rates, giving you the ability to adjust your plan as your energy usage fluctuates. This flexibility ensures you’re always getting the most out of your solar system.
During high-production summer months, you’ll earn for any excess energy you export back to the grid. These credits can then be banked and applied toward your energy bills during the low-production winter months. Combine that with our exclusive low-production rate of just 9.45¢/kWh and you will drastically reduce or even eliminate your electricity bills.
Cash Back Savings
Who doesn’t love getting a little extra cash back? With the Solar Club™, you’ll earn 3% cash back on any energy purchased from the grid. This is an annual incentive that helps put money backing your pocket. Plus, you’ll have access to a carbon offset credit platform, allowing you to further invest in renewable energy and reduce your environmental impact.
This combination of cash-back savings and green energy investments means you’re not just saving money – you’re contributing to a brighter, more sustainable future for Alberta.
The Pre-Solar Rate
If you’ve already found a solar installer and signed a contract but are waiting for your solar system to be installed and go live, you can take advantage of the Pre-Solar Rate of just 6.69¢/kWh. This rate is available during the waiting period before your solar install goes live, allowing you to start saving on electricity costs right away.
The Pre-Solar Rate helps you minimize your energy expenses while you await the full benefits of your solar install.
Supporting The Local Community
One of the best things about joining the Solar Club™ with Camrose Energy is knowing that you’re not just benefiting yourself – you’re helping to support the local community. Camrose Energy is deeply committed to Alberta, and through programs like the Community Connections Program, a portion of our profits goes to local events, organizations, and initiatives. That means your savings are directly helping to strengthen the community you’re a part of.
Ready to Get Started?
Joining the Solar Club™ is an easy way to reduce your solar payback time and start saving money. With lower rates, cash-back incentives, and flexible rate switching, this program is designed to give you the best possible value for your investment. I you’re ready to make the most of your solar install, Camrose Energy is here to help you every step of the way.
Want to learn more? Call us today at (780) 781-4115 to speak with one of the Camrose Energy team and find out how you can get started with the Solar Club™. We love to talk solar and we’re excited to help you save money, reduce your payback time, and contribute to Alberta’s brighter future.
