Is Solar Worth It in Canada?

Honest verdicts by province — where the math works, and where cheap hydro makes solar a lifestyle purchase instead of an investment.

Nunavut

12.4 yr payback · 102% ROI

Northwest Territories

13.5 yr payback · 86% ROI

Alberta

14.6 yr payback · 71% ROI

Nova Scotia

15.9 yr payback · 58% ROI

Saskatchewan

16.2 yr payback · 55% ROI

Prince Edward Island

17.4 yr payback · 44% ROI

Ontario

17.8 yr payback · 40% ROI

New Brunswick

19.5 yr payback · 28% ROI

British Columbia

21.8 yr payback · 15% ROI

Newfoundland and Labrador

23.1 yr payback · 8% ROI

Manitoba

23.3 yr payback · 8% ROI

Quebec

31.1 yr payback · -20% ROI

Yukon

32.2 yr payback · -22% ROI

Written & reviewed by

EnergyTools Research Team — Solar Energy Research Group

The EnergyTools Research Team compiles and verifies residential solar data from NREL, EPA, and state utility commissions. Methodology is reviewed quarterly.

Source data: NREL PVWatts V8 + Utility Rates V3 APIs
Source data: EPA FuelEconomy.gov vehicle efficiency data
Methodology reviewed quarterly

Methodology & data sources:NREL PVWatts, provincial utility commissions· Updated 2026.