Medicine Hat is one of the sunniest places in Canada.
With all that sunshine (330 days each year, on average), the city is well-positioned to take advantage of the increased emphasis on renewable energy.
Local company Terralta has been operating in Medicine Hat since 2006 and has watched their business grow at a healthy rate thanks to Medicine Hat’s regional advantages. Here are five reasons to consider Medicine Hat for any renewable energy initiative.
Low operating costs
Medicine Hat has the lowest tax and utility rates in Canada. That’s coming from a City of Calgary study.
Weather (especially for solar)
The combination of chinook winds and sunshine in the winter and hot, sunny summers make Medicine Hat a great place to live. But if you are looking for renewable energy opportunities, Medicine Hat’s weather offers an advantage that few other cities can match.
Incentives (Hat Smart)
The City of Medicine Hat’s Hat Smart program offers financial incentives designed to decrease reliance on fossil fuels. The program is unique to Medicine Hat and is the envy of the country.
Perhaps because of this innovative program, new Medicine Hat developments have begun to include solar at the design phase.
Competitive labour & lease rates
At $22.74 per hour, the average hourly wage in Medicine Hat represents a 15% discount over the Alberta average (source). Meanwhile, lease rates start at $7 per square foot ($12 for prime commercial space) making Medicine Hat cost-competitive to similar Western Canadian cities.
Quality of Life
Thanks to weather, affordable living and healthy population growth, Medicine Hat is quickly rising on lists of best places to live in Canada. And with organizations like Medalta, 670 Mountain Bike Club, the Esplanade, and the Canalta Centre, you have the opportunity to be as active as you can be here.
With increased focus on renewable energy across Alberta, Medicine Hat is well-positioned to be a national leader.
Contact Invest Medicine Hat to learn more about how we can help you set up your renewable energy business here.