Drastically reduce or even eliminate your electric bills
Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system you’ll generate free power for your system’s entire 25+ year life cycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and save you money.
Protect Against Rising Energy Costs
One of the most clear cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you’re a business or homeowner with fluctuating cash flow, going solar also helps you better forecast and manage your expenses.
Average homes are 6-10years
The payback period typically ranges from 6 to 10 years (the warranty of the panels are 25 years). To refine this estimate, we’ll first calculate the projected energy output of your PV system. Then, we’ll assess the value of that energy each year, factoring in anticipated increases in energy costs.
Earn A Great Return On Your Investment
Solar panels are not an expense – they are one of the best ways to invest, with returns rivaling those of more traditional investments like stocks and bonds. Thanks to substantial electricity bill savings, the average Canadian homeowner pays off their solar panel system in seven to eight years and sees a return on investment of 20% or more.
Yes it will increase your property value
Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as homebuyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.
Protect The Environment
Solar is a great way to reduce your carbon footprint. Buildings are responsible for 38 percent of all carbon emissions in Canada, and going solar can significantly decrease that number. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.
Each system is unique with different determining factors. Pricing will generally be between $2.50 to $3.50 per watt installed.
The average investment for a residential solar PV system ranges from $8,000 to $45,000.
Learn more about the performance of solar panels in different scenarios. Report prepare by Northern Alberta Institute of Technology (NAIT)
Boast 2,544 hours of sunshine each year. That makes our area ideal for generating electricity from solar.
The majority of clients payback their investment in solar in 6-10years. Depending on your consumption you can achieve negative power bills.
Going solar is the environmental equivalent of planting 100+trees per year.
