Going Solar in Prince Edward Island in 2026
Prince Edward Island is a leader in renewable energy per capita in Canada. With ambitious clean energy targets and rising electricity costs, PEI homeowners are increasingly turning to solar as a smart financial and environmental investment.
Note: The federal Canada Greener Homes Grant (closed February 2024) and Canada Greener Homes Loan (closed October 2025) are no longer accepting new applications. PEI homeowners can still benefit from Maritime Electric's net metering program and provincial renewable energy rebates.
Below are the Prince Edward Island solar incentives and rebates that may benefit you.
Prince Edward Island Electricity Market
Primary utilities: Maritime Electric
Maritime Electric serves all of Prince Edward Island with retail-rate net metering for residential systems up to 100 kW. PEI has among Canada's highest per-capita renewable ambitions, with provincial programs periodically offering solar rebates.
A typical 6–7 kW PEI installation costs $17,000–$23,000. With net metering and any active provincial rebates through IRAC or the Office of Energy and Climate Change, savings of $1,000–$1,600 annually are achievable.
Prince Edward Island 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.
PEI Renewable Energy Programs
The PEI government has offered provincial solar rebates through its renewable energy programs. These provincial incentives can significantly accelerate solar payback periods for Island homeowners. Check with Island Regulatory and Appeals Commission (IRAC) for current offerings.
Maritime Electric Net Metering
Maritime Electric's net metering program allows PEI residential customers to receive credits for excess solar generation. Credits are applied at the retail rate, ensuring Island homeowners receive full value for every kilowatt-hour their system produces.
Prince Edward Island Net Metering
Maritime Electric's net metering program provides retail-rate credits for excess solar generation fed back to the PEI grid. The program is available to residential customers with systems up to 100 kW. Credits accumulate during high-production months and offset consumption during lower-production periods.
Additional Prince Edward Island Solar Programs
PEI Energy Efficiency Programs
PEI's Office of Energy and Climate Change offers home energy efficiency programs that can be combined with solar installations. Energy audits help identify the full suite of improvements that will maximize your home's performance and your return on investment.
Prince Edward Island Solar Incentives — At A Glance
Prince Edward Island's combination of provincial rebates and net metering makes solar an increasingly attractive investment. PEI's commitment to clean energy and improving solar incentives continues to make the Island an excellent place to go solar.
Prince Edward Island Solar FAQ
Does PEI offer a provincial solar rebate?
PEI has offered renewable energy rebates through provincial programs; availability changes. Check princeedwardisland.ca and IRAC for current incentive levels before signing a contract.
How does Maritime Electric net metering work?
Excess solar kWh are credited at the retail rate on your monthly bill, rolling forward through the year. PEI's small grid means local solar directly offsets island generation.
Is PEI wind or solar better for homes?
Residential wind is rarely practical due to zoning and noise. Rooftop solar is the standard choice for PEI homeowners seeking on-site renewable generation.