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Is it Worth it to Install Solar Panels in Ontario?

Is it Worth it to Install Solar Panels in Ontario?

Does Going Solar in Ontario Make Sense?

With the rising cost of electricity in Ontario, there has never been a better time to start using Ontario solar panels. The southern half of Ontario, where the majority of the population lives, receives more than enough sunlight throughout the year for solar panels to be effective.

In this post, we’ll explore whether it’s worthwhile to go solar in Ontario and whether it makes sense for you as a homeowner.

If you’re interested in taking advantage of this renewable resource, visit our Ontario solar power page or contact us to start a conversation about getting solar panels installed.

Why is Solar Power Worth it in Ontario?

The federal government’s “A Healthy Environment and a Healthy Economy” plan is one of the main reasons why solar is definitely worth it in Ontario.

This is a financial strategy that encourages homeowners to plan for the future and invest in energy-efficient home improvements.

Not only is it a worthy cause, but as a homeowner, you are committing to a clean economy and taking the necessary steps to improve climate change for the country.

Some of the key advantages of solar panel installation for your Ontario home include carbon reduction, self-sufficiency, lower utility bills, and increased property value.

You won’t have to rely on a third party for your energy, and you’ll have access to nearly limitless energy from a sustainable source.

You’ll also see an increase in the value of your home, especially if you plan to sell in a few years after your solar investment has begun to pay off.

What is the Cost of Solar Panels in Ontario?

The cost of installing solar panels will vary depending on the city and region you live in. For example, if you want to get solar panels in Toronto versus solar panels in London or elsewhere in the province, the installation cost will be different.

Aside from that, while solar panels will lower your utility bills, you must consider the upfront costs. While the efficiency and cost of solar panels and hardware are decreasing, labour costs are rising.

While the upfront cost of solar panels is a lot, it’s definitely worth it considering you get a 100% return that could last up to 25 years.

Saving money on your energy bill is one of the most significant advantages of solar panel installation in Ontario.

Does Ontario Get Enough Sunlight for Solar Panels?

In terms of year-round sunlight, Ontario ranks in the middle of the country. However, it should be noted that cities in the province’s southernmost region, where the majority of people live, receive significantly more sunlight than cities in the province’s northernmost region.

Overall, Ontario receives plenty of sunlight for solar panels to be worthwhile. Solar panels will perform better in the southern part of the province, but they are still worthwhile in the northern part of the province.

Despite not receiving as much sunlight as other cities in other provinces, Ontario has some of the most affordable solar panel installation costs.

With this in mind, while you may get less sun than in western locations, you will have a lower upfront cost, which means you will see a return on your investment sooner.

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