HOW MUCH CARBON
CREDITS ARE WORTH
How many Offset Credits you create will depend on how much clean energy your system can generate.
With Solar Offset, for every 1000 kWh of clean electricity you will make 0.55 Offset Credits.
So the bigger your system, the more credits you can expect to make, although generation varies by location and weather. And the more credits you make, the more you get paid.
As a rule of thumb, every 10 kW of system will typically create around 7 Offset Credits a year, and with SOLAR OFFSET, can do this for up to 10 years.
You can get a quick estimate of your potential returns from our calculator.
HOW MUCH YOU MAKE
Administering a system takes roughly the same amount of work regardless of its carbon offset potential, so we use a stepped fee structure based on the kW capacity of your system. Our program is set up to return the maximum possible amount to you, the system owner.
We offer up to ten years of payments
Your clean energy system can generate up to 10-years of revenue from carbon offsets: the maximum length of time allowable by the government.
With Solar Offset, as the carbon price increases, you make more because we pay you a % of the sales price!
We secure the best possible Grid Displacement Factor
The Grid Displacement Factor is a key metric that governs how many offset credits your clean energy creates. This is approved by the Alberta Government based on the year in which a project registers with the Alberta Emission Offset Registry.
Our 2022 project locked-in at 0.57 t CO2e per 1000 kWh for 10-years.
Our 2023 projects will lock-in at 0.55 t CO2e per 1000 kWh for 10-years.
We only represent you
We don't represent credit buyers. We only represent you, the system owners. So there's no conflict of interest when it comes to selling your credits for the best possible price in the market.
We put 10% of our profits into Solar Torch
We believe in doing our part to encourage clean energy development. That's why we put 10% of our own net profits into Solar Torch - a program that funds accredited training for Albertans looking to gain skills in the renewable energy industry. You can read more about Solar Torch here.
Future price of carbon offsets
The Provincial Government has announced that, starting in 2023, the price of carbon will rise from the current $65/tonne by $15/tonne, EVERY YEAR, until it reaches $170 per tonne in 2030, as shown to the right:
2023: $65
2024: $80
2025: $95
2026: $110
2027: $125
2028: $140
2029: $155
2030: $170
It's important to note that carbon offset credits aren't worth the same as the 'carbon price'. You'll typically find they are worth around 70% to 90% of this amount - although it all depends on market dynamics.
SOLAR OFFSET pays you, the system owner, a % of the sales price.
This means that as the price of carbon rises, so do the $ you make from your offset credits.