{"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":"<div class=\"feed-shared-update-v2__description-wrapper\" tabindex=\"-1\" data-artdeco-is-focused=\"true\">\n<div class=\"feed-shared-inline-show-more-text feed-shared-update-v2__description feed-shared-inline-show-more-text--minimal-padding feed-shared-inline-show-more-text--expanded \" tabindex=\"-1\">\n<div dir=\"ltr\"><img fetchpriority=\"high\" decoding=\"async\" id=\"ember597\" class=\"ivm-view-attr__img--centered update-components-image__image evi-image lazy-image ember-view\" src=\"https:\/\/media.licdn.com\/dms\/image\/D5622AQFY0-xqEOb3Dw\/feedshare-shrink_800\/0\/1683836695176?e=1686787200&amp;v=beta&amp;t=6iRoIvoskhFbsoLG7ca012G-_clqQje6exw7diAX34Y\" alt=\"Solar Panel Array\" width=\"600\" height=\"399\" \/><\/div>\n<div class=\"update-components-text relative feed-shared-update-v2__commentary \" dir=\"ltr\">\n<p>&nbsp;<\/p>\n<h2>The Basics<\/h2>\n<p><span class=\"break-words\"><span dir=\"ltr\">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<p>Regardless of the reason, the common goal is to save money by generating independent power.<\/p>\n<p>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<p>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<p>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<h2>Do the Math<\/h2>\n<p>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<p>The Solar Net Metering Calculator can help calculate the payback period of a net metering solar panel system quickly.<\/p>\n<p>Ontario residents can benefit from several available programs that can reduce their payback period.<\/p>\n<p>For instance, the Greener Homes Grant offers up to $5,000 in government rebates for renewable energy generation systems, including solar panels.<\/p>\n<p>Net metering allows homeowners to trade the excess electricity they supply for credits that apply to their energy bills.<\/p>\n<h2>Now is the Time for Opportunity<\/h2>\n<p>The cost of solar panels in Ontario is becoming increasingly affordable as solar technology advances.<\/p>\n<p>Furthermore, new energy storage technology promises to lower the cost even more, offering homeowners a wider range of options.<\/p>\n<h2>Conclusion<\/h2>\n<p>Given the currently available programs, now is an excellent time to consider solar for your home.<\/p>\n<p><strong>Contact\u00a0Gary Gillis at\u00a0<a href=\"http:\/\/www.beacontron.com\/\" data-attribute-index=\"7\">www.beacontron.com<\/a>\u00a0<a href=\"mailto:sales@beacontron.com\" data-attribute-index=\"8\">sales@beacontron.com<\/a>\u00a0289-635-3164\u00a0<\/strong>for more information and advice.<\/p>\n<p>Please Like and Repost if you found this helpful.<\/p>\n<p>Visit our blog at<strong>\u00a0<\/strong><a href=\"http:\/\/beacontron.com\/blog\" data-attribute-index=\"9\"><strong>beacontron.com\/blog<\/strong><\/a>\u00a0for more information<\/p>\n<p><strong>Beacontron is a Global Leader in Solar Energy Products and Services.<\/strong><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=sustainability&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"0\">#sustainability<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=solar&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"1\">#solar<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=cleantech&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"2\">#cleantech<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=beacontron&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"3\">#Beacontron<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=innovation&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"4\">#innovation<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=energy&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"5\">#energy<\/a>\u00a0<a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?keywords=investment&amp;highlightedUpdateUrns=urn%3Ali%3Aactivity%3A7062522989229060096\" data-attribute-index=\"6\">#investment<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"update-components-image update-components-image--single-image feed-shared-update-v2__content\">\n<div class=\"relative\">\n<div class=\"update-components-image__container\">\n<div class=\"ivm-image-view-model \">\n<div class=\"ivm-view-attr__img-wrapper ivm-view-attr__img-wrapper--use-img-tag display-flex \"><img fetchpriority=\"high\" decoding=\"async\" id=\"ember597\" class=\"ivm-view-attr__img--centered update-components-image__image evi-image lazy-image ember-view\" src=\"https:\/\/media.licdn.com\/dms\/image\/D5622AQFY0-xqEOb3Dw\/feedshare-shrink_800\/0\/1683836695176?e=1686787200&amp;v=beta&amp;t=6iRoIvoskhFbsoLG7ca012G-_clqQje6exw7diAX34Y\" alt=\"Solar Panel Array\" width=\"600\" height=\"399\" \/><\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; 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 [&hellip;]<\/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":[],"uagb_featured_image_src":{"full":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false],"thumbnail":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1-150x150.jpeg",150,150,true],"medium":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false],"medium_large":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false],"large":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false],"1536x1536":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false],"2048x2048":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/05\/home-array-1.jpeg",275,183,false]},"uagb_author_info":{"display_name":"admin7","author_link":"https:\/\/beacontron.com\/blog\/author\/admin7\/"},"uagb_comment_info":0,"uagb_excerpt":"&nbsp; 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&hellip;","_links":{"self":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/99","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/comments?post=99"}],"version-history":[{"count":6,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions"}],"predecessor-version":[{"id":105,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/99\/revisions\/105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/media\/88"}],"wp:attachment":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/media?parent=99"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/categories?post=99"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/tags?post=99"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}