Solar Payback by Province in Canada
All 13 provinces and territories ranked by payback period. Canadian dollars, no federal credit, real net-metering terms.
| Province | Cost/W (CAD) | Rate (C$/kWh) | System Cost | Payback | 25-Year ROI |
|---|---|---|---|---|---|
| Nunavut | C$4.20 | 0.360 | C$33,600 | 12.4 yrs | 102% |
| Northwest Territories | C$3.80 | 0.290 | C$30,400 | 13.5 yrs | 86% |
| Alberta | C$3.05 | 0.162 | C$24,400 | 14.6 yrs | 71% |
| Nova Scotia | C$3.05 | 0.175 | C$24,400 | 15.9 yrs | 58% |
| Saskatchewan | C$3.00 | 0.148 | C$24,000 | 16.2 yrs | 55% |
| Prince Edward Island | C$2.95 | 0.146 | C$23,600 | 17.4 yrs | 44% |
| Ontario | C$3.15 | 0.152 | C$25,200 | 17.8 yrs | 40% |
| New Brunswick | C$2.95 | 0.138 | C$23,600 | 19.5 yrs | 28% |
| British Columbia | C$2.90 | 0.129 | C$23,200 | 21.8 yrs | 15% |
| Newfoundland and Labrador | C$3.00 | 0.138 | C$24,000 | 23.1 yrs | 8% |
| Manitoba | C$2.95 | 0.099 | C$23,600 | 23.3 yrs | 8% |
| Quebec | C$2.85 | 0.086 | C$22,800 | 31.1 yrs | -20% |
| Yukon | C$3.40 | 0.105 | C$27,200 | 32.2 yrs | -22% |
Figures derive from provincial utility rates, install cost estimates, and NREL PVWatts irradiance; per-province sources and as-of dates are listed on each page. Payback uses the S5 fixed-plus-variable cost model anchored to each province's typical system size.