Residential Solar Panels Ontario Cost

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.

Residential solar panels ontario cost.

Not sure what this number means or how to use it. 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. 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.

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. Cost of solar power in canada 2020. 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. That same kilowatt of power when bought from your local utility company costs in the range of 8 to 10 cents.

Solar panels typically cost in the range of 8 to 10 dollars per kilowatt of power they are capable of providing. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.