Solar Panels Ontario Worth It

Charlebois said the average cost for a 5 kilowatt solar installation.

Solar panels ontario worth it.

By getting solar panels on your home s roof you are able to get paid a lucrative incentive for feeding solar electricity back into the grid. If you install solar panels on your roof and generate your own electricity you can reduce or eliminate your hydro bill now and save yourself thousands of dollars down the road. Hydro rates in ontario are the 3 rd highest in the country and are expected to increase by min 6 every year. While wind and water have their merits solar is by far the most accessible and is becoming increasingly popular with homeowners.

Patten and sons highly recommend considering solar for any new builds in ontario. More and more people are adding solar panels to existing rooflines and we at l. Are solar panels worth it. Ontario s time of day electricity rates make the cost of solar about 95 per cent of the average cost to buy power from the grid.

The ontario solar program better known as microfit is a renewable energy initiative created by the provincial government of ontario. What has changed in solar in the last few years. It would cost you just under 29 000 to install solar panels on your home not including any incentives your province might offer. According to data from national resources canada the average solar system in ontario can produce 1166kwh of electricity per kw of solar panels per year.