Going Solar in Newfoundland and Labrador in 2026
Newfoundland and Labrador may not be the first place that comes to mind for solar energy, but the province receives adequate solar radiation to make solar panels a worthwhile investment — especially given rising electricity costs.
Note: The federal Canada Greener Homes Grant (closed February 2024) and Canada Greener Homes Loan (closed October 2025) are no longer accepting new applications. Newfoundland homeowners can still benefit from Newfoundland Power's net metering program and the provincial Home Efficiency Rebate program.
Below are the Newfoundland and Labrador solar incentives and rebates that may benefit you.
Newfoundland and Labrador Electricity Market
Primary utilities: Newfoundland Power & NL Hydro
Newfoundland Power serves the island's grid; NL Hydro covers Labrador. Both participate in the province's net metering framework, allowing credits at retail rates for residential systems up to 100 kW.
NL's solar resource is moderate compared to the prairies, but high winter bills and summer production peaks create a seasonal credit bank. Typical 5–7 kW installs run $16,000–$23,000 with payback around 12–16 years.
Newfoundland and Labrador Solar Incentives, Rebates, And Benefits
Canada Greener Homes Grant (Closed Feb 2024)
The Canada Greener Homes Grant closed to new applications in February 2024 (program ran May 2021–February 2024). No new applications are being accepted. Existing approved applicants may still complete their claims. Visit NRCan.gc.ca for information on any successor federal programs.
Canada Greener Homes Loan (Closed Oct 2025)
The Canada Greener Homes Loan closed in October 2025 (final application deadline was January 20, 2026). No new applications are being accepted. Visit NRCan.gc.ca for information on any successor federal financing programs.
Newfoundland Power Net Metering
Newfoundland Power offers a net metering program for residential customers with solar systems up to 100 kW. Credits for excess generation are applied at the full retail rate, providing meaningful bill reductions throughout the year.
NL Hydro Net Metering
Labrador customers served by NL Hydro are also eligible for the province's net metering framework, allowing solar owners to offset their electricity consumption with credits for excess solar generation.
Newfoundland and Labrador Net Metering
Newfoundland Power's net metering program allows residential solar owners to bank excess generation as credits on their account. Credits accumulate during high-production summer months and offset higher consumption in winter. Annual settlement ensures credits are maximized throughout the year.
Additional Newfoundland and Labrador Solar Programs
Provincial Home Efficiency Rebate Program
Newfoundland and Labrador's Home Efficiency Rebate Plus program offers rebates on a range of home energy upgrades. The program's energy audit component can be combined with solar installations for a comprehensive whole-home approach to energy efficiency.
Newfoundland and Labrador Solar Incentives — At A Glance
While Newfoundland's solar resources are more modest than western Canada, net metering still makes solar a worthwhile long-term investment. With a well-sized system, homeowners can significantly reduce their electricity bills for 25+ years.
Newfoundland and Labrador Solar FAQ
Does solar work in Newfoundland's weather?
Modern panels produce well in diffuse light and cold temperatures improve efficiency. NL's summer months generate surplus credits that offset higher winter consumption through net metering.
Who handles net metering in NL — Newfoundland Power or NL Hydro?
Newfoundland Power customers on the island and NL Hydro customers in Labrador each have access to the provincial net metering rules through their respective utility.
Is the Home Efficiency Rebate Plus still available?
The program supports audits and efficiency upgrades. Check takechargenl.ca for current rebate levels — pairing an audit with solar helps prioritize the highest-return improvements first.