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Cost of Solar Panels in Newfoundland and Labrador

A right-sized 8.5 kW system for the typical Newfoundland and Labrador home costs about $24,098 installed, saves roughly $1,176/year, and pays back in 20.5 years. See city-by-city pricing below.

Pricing by System Size

SizeInstalled CostAnnual SavingsPayback
5 kW
Small home / condo, low bill under $100/mo
$14,175$69220.5 yrs
8 kW
Typical 3-bed home, bill $100–$180/mo
$22,680$1,10720.5 yrs
10 kW
Larger home, gas heat, bill $180–$250/mo
$28,350$1,38320.5 yrs
12 kW
Big home with a pool or hot tub, $250+/mo
$34,020$1,66020.5 yrs
15 kW
EV + heat pump household, or net-zero target
$42,525$2,07520.5 yrs

Solar Cost by City

Pricing varies by 5–15% across Newfoundland and Labrador cities based on labour, permits, and installer competition.

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