Solar panel future is bright: survey

subscribe

Nine in ten Canadian homeowners are aware that using green energy reduces a householdÂ’s environmental impact, yet only five per cent are generating electricity by installing rooftop solar panels, according to a new survey from TD Canada Trust.

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

harbour air electric plane

Is this the start of an aviation revolution?

LONDON - Aviation is one of the fastest rising sources of carbon emissions from transport, but can a small Canadian airline show the industry a way of flying that is better for the planet?

As air journeys go, it was just a short hop into the early morning sky before the de Havilland seaplane splashed back down on the Fraser River in Richmond, British Columbia. Four minutes earlier it had taken off from the same patch of water. But despite its brief duration, the flight may have marked the start of an aviation revolution.

Those keen of hearing at the riverside on…

READ MORE
electricity

Why Canada's Energy Security Hinges on Renewables

READ MORE

Sustaining U.S. Nuclear Power And Decarbonization

READ MORE

three mile island nuclear power plant

Three Mile Island at center of energy debate: Let struggling nuclear plants close or save them

READ MORE

pge-rates-set-to-stabilize-in-2025

PG&E Rates Set to Stabilize in 2025

READ MORE