Is Solar Panel Worth It In Quebec

But the high initial cost of solar panel installation makes many canadians wonder if it is worth the investment.

Is solar panel worth it in quebec.

In this article we look at each province and territory to examine if solar panels make sense in your area. The main obstacle to the widespread use of solar panels in québec is the substantial upfront costs combined with limited yearly savings. 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. With the lowest retail electricity prices in the country due to abundant hydro electricity in the province quebeckers don t generally think of solar electricity as a good option.

The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system. Contact any solar panel company and they will tell you the cost per watt. With the 26 federal tax credit reducing at the end of 2020 millions of american homeowners are asking themselves whether or not installing solar panels is worth it this year. And up until recently there were not really any financial programs to make solar panels more affordable.

That cost him 36 000 through a 10 year financing plan. Cost of solar power in canada 2020.