Installing rooftop solar panels has a “limited” economic case in most of Canada because it can take decades for homeowners to recoup their upfront costs, according to an internal government memo.
“At present, the economic case for widespread residential rooftop solar PV [photovoltaic] installations in most jurisdictions across Canada is limited compared to other international jurisdictions,” says the May 20 internal report from the Department of Natural Resources prepared for Minister Tim Hodgson.
The memorandum, which was first obtained by Blacklock’s Reporter, provided analysis and background on residential solar panel installations connected to the continental grid and their economic viability in Canada. The federal government released the document through an access to information request….