Is Solar Panel Worth It In Quebec

The main obstacle to the widespread use of solar panels in québec is the substantial upfront costs combined with limited yearly savings.

Is solar panel worth it in quebec.

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. The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system. In fact the cost of electricity in québec is so low that the savings do not allow solar power generators to recoup their initial investment for at least 30 years. The answer depends on many factors including where you live how much roof space you have if your roof is shaded how much power you use what your local utility charges you for electricity and the prices offered by.

That cost him 36 000 through a 10 year financing plan. In this article we look at each province and territory to examine if solar panels make sense in your area. Contact any solar panel company and they will tell you the cost per watt. Cost of solar power in canada 2020.

Gareau said he was promised a 70 per cent reduction in his hydro québec bill if he bought 15 solar panels and a heat pump. And up until recently there were not really any financial programs to make solar panels more affordable.