{"id":99,"date":"2023-05-11T20:33:04","date_gmt":"2023-05-11T20:33:04","guid":{"rendered":"https:\/\/beacontron.com\/blog\/?p=99"},"modified":"2023-05-13T06:22:13","modified_gmt":"2023-05-13T06:22:13","slug":"how-much-will-a-solar-panel-energy-system-cost-for-an-average-ontario-customer","status":"publish","type":"post","link":"https:\/\/beacontron.com\/blog\/2023\/05\/11\/how-much-will-a-solar-panel-energy-system-cost-for-an-average-ontario-customer\/","title":{"rendered":"How Much Will a Solar Panel Energy System Cost for an Average Ontario Customer?"},"content":{"rendered":"
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\"Solar<\/div>\n
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The Basics<\/h2>\n

When it comes to considering the purchase of solar panels, potential customers often have a combination of personal priorities that motivate them. Some are driven by their environmental aspirations, wanting to reduce their carbon footprint, while others seek more self-reliance.<\/span><\/span><\/p>\n

Regardless of the reason, the common goal is to save money by generating independent power.<\/p>\n

For an average Ontario homeowner consuming about 9,000 kWhs of electricity annually, installing a 7,500-watt solar array can offset 100% of their electrical use.<\/p>\n

With the current cost of solar generation ranging between $2.50 and $3.00 per watt, such an installation will cost between $18,750 and $22,500.<\/p>\n

To determine the payback period for a solar panel system, one can use the simple payback equation: system cost \u00f7 value of energy produced = years to payback.<\/p>\n

Do the Math<\/h2>\n

However, a few factors need to be considered, such as the fluctuating electric rates and the value of solar power, which can range between 13.5 and 18 cents during mid-peak to peak times.<\/p>\n

The Solar Net Metering Calculator can help calculate the payback period of a net metering solar panel system quickly.<\/p>\n

Ontario residents can benefit from several available programs that can reduce their payback period.<\/p>\n

For instance, the Greener Homes Grant offers up to $5,000 in government rebates for renewable energy generation systems, including solar panels.<\/p>\n

Net metering allows homeowners to trade the excess electricity they supply for credits that apply to their energy bills.<\/p>\n

Now is the Time for Opportunity<\/h2>\n

The cost of solar panels in Ontario is becoming increasingly affordable as solar technology advances.<\/p>\n

Furthermore, new energy storage technology promises to lower the cost even more, offering homeowners a wider range of options.<\/p>\n

Conclusion<\/h2>\n

Given the currently available programs, now is an excellent time to consider solar for your home.<\/p>\n

Contact\u00a0Gary Gillis at\u00a0www.beacontron.com<\/a>\u00a0sales@beacontron.com<\/a>\u00a0289-635-3164\u00a0<\/strong>for more information and advice.<\/p>\n

Please Like and Repost if you found this helpful.<\/p>\n

Visit our blog at\u00a0<\/strong>beacontron.com\/blog<\/strong><\/a>\u00a0for more information<\/p>\n

Beacontron is a Global Leader in Solar Energy Products and Services.<\/strong><\/p>\n

#sustainability<\/a>\u00a0#solar<\/a>\u00a0#cleantech<\/a>\u00a0#Beacontron<\/a>\u00a0#innovation<\/a>\u00a0#energy<\/a>\u00a0#investment<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"Solar<\/div>\n<\/div>\n<\/div>\n

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  The Basics When it comes to considering the purchase of solar panels, potential customers often have a combination of personal priorities that motivate them. Some are driven by their environmental aspirations, wanting to reduce their carbon footprint, while others seek more self-reliance. Regardless of the reason, the common goal is to save money by […]<\/p>\n","protected":false},"author":1,"featured_media":88,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-99","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t