Northern Lights Solar Systems

Financial/Commercial/Insurance Questions

Q. Is there bank financing available?

A. NLSS is a proud partner of the TD bank and can offer financial assistance to homeowners and business’s. We can offer attractive payback terms at extremely attractive rates. Please consult with your sales associate to find out more.


Q. Is the income from solar power taxable by CRA?

A. Any income from any sources is taxable. You need to consult your tax advisor or accountant on how to reduce your taxable income.


Q. Do I have to take a separate insurance for the Solar installation?

A. Like any other home alteration or renovation, this is also treated as home improvement. Please call your home insurance company and let them know the solar PV power installation will been done on your roof top and that they should provide you the cover for the cost of the system and any third party liability.