Solar Panel Cost Calculator Canada: Cost Savings of Going Green

Dean Emerick

January 14, 2023

Are you trying to save money on energy costs and reduce your environmental impact at the same time? Think solar! By making a one-time, upfront investment in residential or commercial solar panels, you can dramatically reduce your electricity bills while setting yourself up for a greener future. In this blog post, we’ll explore the cost of installing solar panels in Canada, how much money you can save, and provide some tips on finding the right system for your needs. Read on to get a customized free quote at the end!

What is a solar cost calculator?

Solar cost calculators are extremely helpful for homeowners and business owners interested in making the jump to renewable energy. By inputting information such as location, type of building and solar system, tax incentives and other financial data, a solar panel calculator can give you detailed estimates of what it will cost to install your own solar energy system.

With the calculations at hand, you can then use these insights to make informed decisions about your investments in a green lifestyle. Additionally, knowing beforehand how much solar energy systems cost and their likelihood of having their investment pay off years down the line creates an environment of confidence when choosing renewable energy sources.

A solar calculator makes purchasing a solar energy system easier than ever before by utilizing modern technology to quickly estimate the costs and provide long-term savings projections.

Check out the free solar cost calculator here and make your switch possible today!

If you would like to skip all of the research, you can get a customized report for your solar business case, and then get multiple competing Free Qualified Solar Quotes, including the incentives that are available for solar installations in your area.

How do I calculate how much solar power I need?

Calculating the amount of solar power you need is easier than you think. All that's required is a basic understanding of electrical and energy usage, as well as some simple calculations. Start by calculating your current annual energy use in kilowatt hours (kWh). This can be found on your electricity bill.

How do I calculate how many solar panels I need?

Calculating the right number of solar panels for you is a fairly straightforward process that only involves basic math. Begin by determining your monthly energy consumption in kWh, which can be found on your electricity bill. Be mindful that different seasons and different months may have variations in energy usage. Taking an average monthly usage for the year can give more accurate results. You can multiply your monthly kilowatt-hours by 1.25 to provide a buffer if you want to ensure your energy usage is completely covered, although this step isn’t necessary for a grid-tied system. Find the peak sun hours for the city you live in - you can find this info with a quick Google search. Multiply the daily peak sun hours by 30 to get the monthly peak sun hours. This tells you the amount of energy produced in a month per 1 kW of your solar array. So, you can divide your monthly energy usage by the monthly peak sun hours to get the size of the system you require in kW. To determine how many solar panels this will be, divide the size of your solar system in watts (kW times 1000) by the wattage of your desired solar panels. And voila, that’s how many panels you’ll need to cover your energy usage! Finally, you may want to take into account factors such as environmental debris and shading before purchasing so that you can make a robust long-term investment in renewable energy.

How long does it take for solar panels to pay for themselves in Canada?

Solar panels are a great way to reduce your energy bill and help the environment. Installing solar panels in Canada can be expensive, but when done properly, the payback period is 8-10 years on average. To ensure they pay off within that time frame, you should research a range of options from trusted providers and submit the paperwork necessary for any government incentives that may be available. If you choose a long-lasting quality panel system and relevant incentives, then those solar panels will start saving you money almost immediately. Placing solar panels is an energy-efficient choice with lasting environmental effects; it's something all Canadians should consider for their homes and businesses.

How many solar panels do you need for a house in Ontario?

Figuring out how many solar panels you need in Ontario for your house can be challenging, but there are some general guidelines to follow. On average, a 5 kW and 10 kW system is common in Ontario, with between 15 and 35 solar panels needed depending on the power requirement. With those systems come upfront costs of around $15 000 to $30 000 on average. But you could be eligible for various federal, provincial, or utility-sponsored incentives that could help reduce the cost of installation. So don't hesitate to look into these available options, as they can have a major impact on making your renewable energy ambitions a reality!

What size solar panel do I need to charge a 100 Ah battery?

If you are looking for the best size of solar panel to charge your 100 Ah battery, then a 3-6 watt solar panel is ideal. This will provide an optimal charging current. A larger solar panel would also do the job, but it would be more expensive and inefficient in relation to your battery's needs. The important thing is that you get enough power going into the battery to keep it charged and working optimally. If you find yourself needing more power than what a 3-6 watt solar panel can provide, consider switching to a larger one with more power output.

How many solar panels do I need to charge a 12V 200 Ah battery?

It depends on the current generated by each panel. Typically, 20-30 amps of current is required to fully charge a 12V 200 Ah battery in 3-4 hours of good sunlight. This translates to approximately 1 panel per 100 Ah of capacity, so you would need at least 2 solar panels to charge this particular battery. However, if you have multiple smaller solar panels, their combined output current should also be taken into account while calculating the total number of solar panels needed.

How many solar panels do I need to charge a 48V 200 Ah battery?

Charging a 12V 200 Ah battery with solar panels typically requires between 4-6 150 W panels, depending on the duration you want it to last and the climate of your location. To determine the exact number of solar panels necessary, it is recommended to consult with a professional installer who can advise you on the specifics for your particular situation. Find the best solar installer in your area!

Moreover, it is also important to make sure that the wiring between your solar panel array and battery is done correctly in order to ensure safe charging. All in all, make sure to do plenty of research before making any decisions!

Will solar PV reduce my electricity bill?

If you are wondering if installing a solar PV system will reduce your electricity bill, the answer is yes! By producing your own energy, you can lower your monthly electricity consumption from your utility company and electric bills. A solar panel system will capture energy from the sun and convert it into electricity that can be used for various purposes. This means that instead of relying entirely on the electric grid for all your energy needs, you can now produce some of your own energy and significantly decrease how much electricity from the grid you use each month. Therefore, you can say goodbye to high electric bills once and for all by making the switch to solar today.

Is solar worth it in Ontario?

Solar energy is an excellent investment for anyone in Ontario looking to save money, lower their carbon footprint and reduce their utility costs. With solar becoming increasingly efficient and accessible, there is no doubt that investing in solar is worth the effort. Not only do those who make the switch to solar benefit from decreased electricity bills, but they can also add value to their property by having a renewable source of energy. The province of Ontario has also put several initiatives in place that encourage households to switch to solar, including grants, tax credits and loan programs. From a financial standpoint as well as an environmental one, investing in solar makes perfect sense in Ontario.

How to find the best solar installation company in Canada?

Looking for the best solar installation company in Canada? Solr Solvr is the answer you are looking for! With A-list contractors across all provinces, we are proud to be the country’s largest online solar marketplace. With us, you can compare quotes from a range of certified installers to get the most cost-effective solution just right for your needs. We provide resources and education that make selecting the perfect provider easy and convenient. Feeling secure with your choice will finally help you make an informed decision with confidence.

Check out Canada's largest online solar marketplace here!


Solar panel cost calculators are a great way to estimate how much solar panels will cost for your home. They can also help you figure out the size of the system you need, as well as how many solar panels you will need to buy. By entering some basic information about your house and energy usage, a solar cost calculator can provide you with an estimate of what your monthly electricity bill could be with solar power. Keep in mind that these estimates are just estimates and should not be taken as gospel. It is always best to consult with a professional installer before making any decisions about installing solar panels on your property. Contact us now!


How can I calculate my electricity consumption?

Calculating your electricity consumption is easy. Just add up your monthly energy production and then subtract any energy you have sent to the grid to get your overall monthly consumption. With a net-metered system you will only pay for the difference and will be credited for any excess electricity you produce above what you use.

Do solar panels increase home value in Nova Scotia?

Yes, solar panels can increase your home's value in Nova Scotia, an average of 4.1% appreciation on the original market value. Going green through solar energy offers benefits to both the homeowner and the environment.

What is the average price of an inverter in Canada?

In Canada, an inverter usually costs between $1300 and $2000. The exact price of an inverter depends upon the size, type, and quality of the model you buy.

What type of energy does a solar calculator use?

A solar calculator uses solar energy for its power supply, which is obtained from sunlight. The energy collected is converted into electrical power to be used by the calculator.

How long will a solar battery bank last?

A solar battery bank will typically last for a period of between 5 to 15 years, depending on its usage and maintenance. To ensure it works at its optimum level, it's important to work with experts to make sure your battery system is well-maintained.

What does a solar charge controller do when a battery is fully charged?

A solar charge controller protects batteries from overcharging and monitors their voltage levels when the battery is full. It does this by cutting off the power to prevent further charging, ultimately extending the life of your battery.

How to find the right solar panel array needed for a house in Ontario?

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