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Cost of Solar Panels in Ontario

A right-sized 7.5 kW system for the typical Ontario home costs about $21,870 installed, saves roughly $1,163/year, and pays back in 18.8 years. See city-by-city pricing below.

Pricing by System Size

SizeInstalled CostAnnual SavingsPayback
5 kW
Small home / condo, low bill under $100/mo
$14,580$77618.8 yrs
8 kW
Typical 3-bed home, bill $100–$180/mo
$23,328$1,24118.8 yrs
10 kW
Larger home, gas heat, bill $180–$250/mo
$29,160$1,55118.8 yrs
12 kW
Big home with a pool or hot tub, $250+/mo
$34,992$1,86118.8 yrs
15 kW
EV + heat pump household, or net-zero target
$43,740$2,32718.8 yrs

Solar Cost by City

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

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