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Net Zero: Feds to purchase equity stake in Muskrat Falls

Net Zero: Feds to purchase equity stake in Muskrat Falls
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Government of Nunavut to introduce renewable energy rebate program

The money is included in the territory’s 2021-22 budget. In 2017, Qulliq Energy Corp. introduced a net-metering program that allowed homeowners to generate their own electricity and integrate it into the corporation’s grids for an energy credit. The program’s aim was the reduce the amount of power a customer needs from the corporation and decrease Nunavut’s dependency on diesel power. “Due to start-up cost there has not been that much of an uptake on it,” said Environment Minister Joe Savikataaq during the legislature’s committee of the whole on Friday morning. For homeowners, this new rebate program aims to fix that by covering 50 per cent of renewable energy improvements up to $30,000.

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