Residential Solar Panels Ontario Cost

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Residential solar panels ontario cost.

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. 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. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. That same kilowatt of power when bought from your local utility company costs in the range of 8 to 10 cents.

At today s pricing a solar system would typically cost you anywhere from 20 000 40 000 in ontario depending on the size of the system 40k for a 10 kw system and 20k for a 4 5 kw system. 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. Cost of solar power in canada 2020. 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.

The average cost of installed residential solar power systems is currently 2 60 per watt. The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system.