Have you struggled with the financial side of solar? If yes, you're not alone, because many Ontarians find the current property tax treatment of solar (and other renewable energy sources) baffling. There's good news, though, because the Ontario government recently issued a new set of property tax clarifications that will seek to clear the muddied waters around solar generation and tax rules.

According to this article, the main reason for these statements, in addition to simple elucidation, is to ensure that property tax did not act as a disincentive to landowners who declined the opportunity to place solar panels on their property because of restrictive and confusing tax costs. 

There are new rules in two categories of solar systems: roof-top and ground-mount. Each will depend on numerous factors, including specific assessment of your property and the system you own (or intend to own).

If you've ever had questions about how putting solar on your property will affect your taxes, visit the above link for some quick info. Further answers can be provided by our capable Clearly Solar staff, who are always happy to eliminate your confusion and guide you in the right direction.

Think Clearly!