Load Displacement Incentives
This incentive covers Solar photovoltaic (PV) panels which convert solar radiation into electricity to be used directly or can be paired with an energy storage system such as batteries.
Solar Project Offer
| CUSTOMER TYPE | INCENTIVE RATE | MAXIMUM INCENTIVE |
| Distribution | 2¢ to 5¢ per kilowatt-hour (kWh), depending on your project payback period | $1 million, a one-year payback amount, or 75% of project cost, whichever is least |
Eligibility for Solar Projects
Tips for sizing your solar panel system
- Do you have adequate rooftop space?
For solar panels generating about 100 kW of energy, you’ll need about 6,600 square feet of roof space. - Make sure your solar PV system generates less than your operating load, as all electricity generated must be used on-site.
Pair Solar Projects with the Energy Storage Incentive
Battery Storage Offer
BC Hydro is offering incentives to business customers to support the acquisition, installation, and operation of ESS. Once installed, BC Hydro will have the ability to dispatch the ESS automatically in response to changing conditions on the grid. These dispatch signals trigger the battery to discharge, powering the facility it’s attached to and reducing demand on the grid. The battery will then recharge later in the day or at night.
How It Works
The incentive provided is based on the amount of battery capacity the customer nominates to be available for demand flexibility or demand response events. The incentive is calculated as the lesser of:
∙ $10,000 X kW nominated
∙ $10,000 X kWh/4 nominated
∙ 80% of eligible project costs.
Contact Thrive Electrify to learn how to benefit from these incentives.
We are a BC Hydro Alliance member and can help you discuss your project with your BC Hydro Key Account Manager.
Why Choose Thrive Electrify?
Our Uniqueness Sets Us Part
