Residential Solar Panels Ontario Cost

Solar panels typically cost in the range of 8 to 10 dollars per kilowatt of power they are capable of providing.

Residential solar panels ontario cost. Cost of solar power in canada 2020. With a current installed cost per watt of solar generation at between 2 50 and 3 00 per watt that means that a 7 500 watt solar array is going to run somewhere between 18 750 and 22 500. Not sure what this number means or how to use it. However the cost of solar power changes depending on the size of the system required your eligibility for solar incentives the type of equipment used and even on the province that you live in.

Cost of installation the upfront cost of installation is obviously one of the largest factors that determine whether or not a person is going to switch to solar. This means that to offset 100 of their electrical use an average ontario homeowner would need to install an approximately 7 500 watt solar array. The current average price range in ontario is about 2 34 2 59 kwh. The average cost of installed residential solar power systems is currently 2 60 per watt.

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Even so let s look at some numbers so you have more information than just the fact that it depends on a couple of factors.