If you’re curious about getting solar panels installed on your residential roof or commercial building, etc., then you’re in the right to research the average cost. A lot of people wonder if it’s worth it economically to get solar panels. Keep in mind while I share what I’ve learned speaking with professionals that I currently dwell in Victoria, British Columbia, so solar panel installation Victoria BC prices might be cheaper or more expensive than where you live. With that said, my hope is that I can still convey the average cost of solar panel installation for an average 2 story, 4 bedroom home in the Western world.

When I called several local solar energy companies near me I was informed that installation cost for solar panels depends on how many panels are installed, and an average Canadian home could have anywhere from 12 to 20 solar panels. The cost for each solar panel installed is roughly $1,000, which means that installing solar panels on an average North American home could cost as low as $12,000 or as much $20,000 CAD. I believe this is affordable considering the environmental impact and all the money you’ll save in electricity bills throughout the rest of your life time. An average cost of $12,000 to $20,000 is not asking much when you also consider that having solar panels powers upwards of 50% if the total electricity your home consumes, and solar panels still produce energy even in the winter months because the energy penetrates through cloud cover.

In British Columbia, moreover, the government gives homeowners a $5,000 grant for anyone who installs solar panels on their home or business. I’ve heard the grant process can be extraneous and difficult to complete, like doing your taxes as an entrepreneur, but it’s worth the while if you can save $5,000 on your $12,000 solar investment!

If this information was helpful for you, then I’m glad. Thanks for visiting TLI Columbia, the better business for British Columbia blog.