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 0.57 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
As administering any system takes roughly the same amount of work regardless of its carbon offset potential, we use a stepped fee structure based on the kW capacity of your system. We take a smaller % as systems get larger, ensuring that we are returning the maximum possible to you, the system owner.
We offer up to ten years of payments
Our aggregation pool is approved by the Alberta Government for up to 10 years of payments, not 8. Those two extra years occur when the price of carbon is expected to peak... that makes a BIG difference to you!
We've locked in 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 which year a project registers with the Alberta Emission Offset Registry. We've registered in 2022, locking in the current 0.57 t CO2e per 1000 kWh for the whole of our ten-year term. Projects that register in 2023 will get only 0.55 t CO2e per 1000 kWh. This means you're creating 3.5% more credits with Solar Offset, every year.
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 the clean energy revolution - and we believe in Alberta. 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.
TO FIND OUT MORE & TO CALCULATE YOUR OWN POTENTIAL RETURN:
Future price of carbon offsets
The Federal Government has announced that, starting in 2023, the price of carbon will rise from the current $50/tonne by $15/tonne, EVERY YEAR, until it reaches $170 per tonne in 2030, as shown to the right:
The Government of Alberta has stated its intention to match this price increase, to ensure that its made-in-Alberta environmental regulations are accepted by the Federal Government.
It's important to note that carbon offset credits aren't worth the same as Fund Credits. You'll typically find they are worth around 80 to 95%, although this 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.