What could solar save?

Try a scenario. See where the estimate comes from.

Your scenario

Illustrative inputs, not a quote or your saved build. All costs are in CAD.

Yearly solar generationkWh / yearUse your installer’s site estimate, not panel wattage.Solar energy used at home%The share you use yourself, including usable battery output.Electricity you avoid buyingcents / kWhUse the variable rate on your bill. Leave out fixed fees.Eligible export creditcents / kWhOnly count credits your utility actually allows.Full installed costCADInclude equipment, labour, fees and applicable tax.Confirmed rebateCADLeave at zero until your eligibility and amount are confirmed.Yearly maintenance allowanceCAD / yearA simple allowance—not a prediction of repair costs.

I’m considering Ontario’s Home Renovation Savings solar offer.I have confirmed export credits apply to this project.

Estimated annual benefit

$980 / year

After your maintenance allowance. Not a guaranteed return.

Electricity used at home: $1,080
Eligible export credits: $0
Maintenance allowance: −$100
Net installed cost: $24,000
Simple payback: 24.5 years

6,000 kWh used at home · 4,000 kWh remaining. No value assigned to remaining generation.

Show the calculation

6,000 kWh × 18¢ ÷ 100 = $1,080 avoided purchases.

Export credit is zero unless enabled and permitted.

Annual benefit = avoided purchases + credits − maintenance.

Simple payback = net installed cost ÷ positive annual benefit.

What this estimate leaves out

Fixed utility fees, financing interest, panel degradation, future rate changes, tax effects and replacement costs are not modeled. Your generation estimate should account for site losses. Credit limits, time-of-use rates and expiry may reduce savings.

Real projects. Different assumptions.

Installer-published examples—not independently verified savings or predictions for your home.

Kamloops, British Columbia

Riverside Energy · Alesha Residence

System: 9.9 kW · 22 panels
Estimated generation: 10,470 kWh / year
Estimated bill savings: $1,425 / year

The installer presents these as estimates, not measured results. A publication date is not stated.

Read Riverside’s project

Burlington, Ontario

Xolar · Wallace project, installed 2023

System: 12.15 kW · 30 panels
Reported generation: 14,300 kWh / year
Reported savings: $2,200 / year

The installer does not provide a measurement period or method. Its historical federal loan reference is not a current offer.

Read Xolar’s project

Sources checked October 10, 2026. Citing a project does not make its installer a member of our directory.

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