How You Earn with Solar Offset
Earn extra income from your solar energy.
With TrueWatt, you earn revenue from carbon offset credits for every kWh of clean electricity your system generates. To calculate the potential return from your solar energy system
Who Is Eligible?
To qualify, you must own or lease a solar array that:
Located in
Alberta
Connected to Alberta’s electricity grid
Under 5 MW
in size
In service after
Jan 2, 2012
Some grants and incentives may prevent you from earning carbon credits—see our post for details. To confirm your eligibility, just complete our quick, no-obligation application.
Solar for Utilities
While these systems can’t join Solar Offset’s pool, they can create carbon credits. With our expertise in Alberta’s carbon markets, we help manage the full process—quantification, reporting, and verification.
Get in touch to see how carbon credits can boost your project’s returns.
How Carbon Credit Work
To qualify, you must own or lease a solar array that:
A single carbon offset credit equals a one-tonne reduction in CO₂.
Clean energy systems, such as solar or wind, earn one carbon credit for every tonne of CO₂ they prevent.
Industries buy these credits when they’re unable to cut enough of their own emissions.
Carbon credits in Alberta require strict compliance: data collection, reporting, record-keeping, and independent audits.
These steps ensure greenhouse gas cuts are genuine and permanent.
The Benefit of Carbon Offset Credits
Alberta law requires large industrial polluters to cut their greenhouse gas emissions. But for many industries, reducing emissions isn’t always possible. That’s where carbon offset credits come in.
Instead of cutting all emissions themselves, companies can purchase carbon credits to meet their obligations. This has created a thriving carbon market in Alberta, with tens of millions of credits already sold.
Solar Offset converts your clean energy into verified carbon credits, sells them into this market, and pays you—once per year.
What’s the Payoff?
With Solar Offset, every kWh of clean electricity you produce earns carbon credits—and revenue. The more power you generate, the more credits you create. And the more credits you create, the more you get paid.
Here’s how to calculate your solar income potential
The Future Price of Carbon
Alberta law requires large industrial polluters to cut their greenhouse gas emissions. But for many industries, reducing emissions isn’t always possible. That’s where carbon offset credits come in.
Instead of cutting all emissions themselves, companies can purchase carbon credits to meet their obligations. This has created a thriving carbon market in Alberta, with tens of millions of credits already sold.
Solar Offset converts your clean energy into verified carbon credits, sells them into this market, and pays you—once per year.
The Future Price of Carbon
Starting in 2023, Alberta’s benchmark carbon price increases by $15 per tonne each year, reaching $170 per tonne by 2030.
2022: $50
2023: $65
2024: $80
2025: $95
2026: $110
2027: $125
2028: $140
2029: $155
2030: $170
Note: The value of carbon offset credits isn’t equal to the federal benchmark carbon price. In Alberta, credits usually sell for 70%–90% of that amount, depending on market conditions.
Solar Offset keeps a fixed percentage as commission—so as carbon prices rise, your earnings from credits rise too.