Solar panel future is bright: survey
The survey reveals one in three homeowners 33 have considered installing solar panels, however three-quarters 76 of them say expense is the number one deterrent.
“The gap between awareness and action is mainly due to concerns about cost,” says Karen Clarke-Whistler, chief environment officer, TD. “But Canadians have shown that those concerns can be overcome. A decade ago, hybrid vehicles were a novelty, but today there are a growing number on our roads. We believe the future for rooftop solar panels is just as bright.”
According to the report, only 47 of Canadian homeowners surveyed are aware that solar power reduces home energy costs and less than 5 know that in some provinces, solar panels can provide a new revenue stream.
Installing solar panels means reducing the amount of energy required from the electrical grid, which means buying less. In some provinces solar-produced power can be sold to local utility providers, earning money for the energy produced.
Related News

Restrict price charged for gas and electricity - British MPs
LONDON - MPs are calling for a cap on the price of gas and electricity amid fears consumers are being ripped off.
The Business, Energy and Industrial Strategy (BEIS) Select Committee says the Big Six energy companies have been overcharging for years.
MPs on the committee backed plans for a temporary absolute cap to fix what they called a "broken" energy market.
Labour's Rachel Reeves, who chairs the committee, said: "The energy market is broken. Energy is an essential good and yet millions of customers are ripped off for staying loyal to their energy provider.
"An energy price cap is now necessary and the…