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 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 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. 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.

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. 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 average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system. Cost of solar power in canada 2020.

But the high initial cost of solar panel installation makes many canadians wonder if it is worth the investment. And up until recently there were not really any financial programs to make solar panels more affordable.