The Cost Of Solar Panels Ontario

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.

The cost of solar panels ontario.

As of august 2020 the average solar panel cost in ontario wi is 3 47 w. 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. The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system.

Our anticipated solar power income from the ontario microfit program was slightly higher than average as we purchased the most efficient solar panels in the world see solar panel efficiency for more details. Cost of solar power in canada 2020. Solar panels ontario cost solar panel prices ontario. 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.

System cost size of system needed x cost per installed watt. 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. Just take the size of your system and multiply it by the 2 46 watt the average cost of installing a solar system in ontario. We offer great prices and the widest selection of ontario panels for microfit.

In ontario microfit is a program where homeowners and business owners can install a solar microgeneration plant 10 kw and under and be paid a guaranteed rate of 80 2 cents kwh for the power your solar system produces under a 20 year contract with the government. A 5 kw solar system will produce enough energy to offset up to 75 of the average domestic consumption depending on the system installed and home occupant s habits and will cost around 25 000. Given a solar panel system size of 5 kilowatts kw an average solar installation in ontario wi ranges in cost from 14 748 to 19 952 with the average gross price for solar in ontario wi coming in at 17 350.