Is Solar Worth It in Nunavut in 2026?
Yes — with caveats. At a 12.4-year payback and 102% 25-year return, solar in Nunavut clears a reasonable investment bar.
Payback
12.4 yrs
25-Year ROI
102%
Rank in Canada
#1/13
Annual Savings
C$2,712
What drives the verdict in Nunavut
Your rate matters more than your sun. Nunavut averages C$0.360/kWh and 3 peak sun hours. Canada's cheapest electricity (Quebec) makes solar a lifestyle purchase, not an investment; high-rate provinces pay back fastest regardless of latitude.
Net metering sets your export value. Qulliq Energy has no full net-metering program; solar offsets diesel in off-grid communities with very high avoided cost.
No federal credit to lean on. Canada's Greener Homes program has wound down; the programs that remain are provincial and utility-level, listed on the Nunavut payback page.
System cost. About C$33,600 for a typical 8 kW system (C$4.20/W) before incentives. Sources: Qulliq Energy Corporation published rates; NREL PVWatts irradiance as of 2026-07-01.
Fastest paybacks in Canada
| Province | Payback | 25-Year ROI |
|---|---|---|
| Nunavut(you) | 12.4 yrs | 102% |
| Northwest Territories | 13.5 yrs | 86% |
| Alberta | 14.6 yrs | 71% |
| Nova Scotia | 15.9 yrs | 58% |
| Saskatchewan | 16.2 yrs | 55% |
| Prince Edward Island | 17.4 yrs | 44% |
Run your own numbers
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