Solar Savings Estimator Canada
This tool estimates yearly cash flow with and without a solar pv system and compares the total net present value of different options over a chosen analysis period.
Solar savings estimator canada. The average installation cost of solar power in canada is 3 01 watt or 22 500 for a 7 5kw system. Use the lg solar calculators and learn about the potential benefits of solar panels and solar power systems. Save money with lg solar today. It allows homeowners small building owners installers and manufacturers to easily develop estimates of the performance of potential pv installations.
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. You ll break even in 1 to 3 years but places as far north as canada a solar pool heating system pencils out over a slightly longer period of time. This calculator helps project planners evaluate the cost implications of proposed grid connected solar pv projects by comparing them to purchasing electricity from alberta s grid. See how long it will take for a solar system to pay for itself.
The calculator also allows you to compare a high quality photovoltaic pv system with a lower priced solar system and see the difference in payback time. The solar energy production side of solar savings forecasts is relatively predictable and solar panels production in each climatic area is well known and understood. Cost of solar power in canada 2020. This solar power calculator will given the watt rating of a solar panel your solar panel location and your grid cost of electricity produce a table indicating the estimated solar powered energy you can expect to generate from an installed system in winter and summer along with the yearly average and equivalent costs of supplying the same electricity from the grid or if your government.
Our solar savings calculator provides more accurate cost and savings estimates by analyzing your current electricity bills rooftop and solar pricing in your area. Solar savings payback calculator. Nrel s pvwatts calculator estimates the energy production and cost of energy of grid connected photovoltaic pv energy systems throughout the world. Use this solar panel calculator to quickly estimate your solar potential and savings by address.
Estimates are based on your roof electricity bill and actual offers in your area.