Manitoba homeowner questions solar panel investment due to lower buyback rates

ctvnews.ca

Manitoba homeowner Medric Comberbach says lower electricity buyback rates are impacting the financial viability of his solar panel investment. Comberbach installed a solar array in 2022, initially receiving 6.5 cents per kilowatt hour for surplus energy. This rate has since decreased, raising concerns about his return on the $34,000 system. Manitoba Hydro states the excess energy rate fluctuates based on market conditions and is set annually, with an increase expected soon.


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Manitoba homeowner questions solar panel investment due to lower buyback rates | News Minimalist