Currently ontario has 3 financial incentive programs and 1 regulatory programs supporting the adoption of solar energy.
Energy bill with solar panel ontario.
The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system.
The incentives listed below can significantly reduce the cost of installation of solar panels for your home or business.
Ontario has the fifth highest potential to produce solar energy in all of canada receiving more solar irradiation than most other provinces except for the prairies and quebec.
How much will solar panels cost for an average ontario customer.
The study determined that the single largest share of the average residential electricity bill came for delivery charges i e.
This means utilizing solar panels is a suitable way of taking care of our friendly environment.
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.
Solar panels in ontario will offer you electric energy that does not in any way emit greenhouse gases.
There are other ways that make using solar panels a great way of generating electricity.
Reducing pollution in ontario.
According to the ontario energy board the average ontario household consumes about 9 000 kwhs of electricity per year.
With nem billing you only pay your utility for this net energy usage.
The transmission and distribution power lines that move.
Net energy metering nem is a program most utilities offer which allows you to send extra energy generated by your home s solar panels back to the grid for a credit which will be applied to your future electricity bills.
Ontario is a grid parity province making solar power cheaper than the residential utility rates.
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.