EnergyTools

Solar Financing Comparison — Canada

Cash vs loan vs lease, with no federal credit to sweeten any of them.

Typical CA solar loan ~7-8%

Cash Cost

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Loan / month

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Loan Total (10 yr)

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Savings / year

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Loan assumes a 10-year amortization at the entered rate. Lease figures reflect typical Canadian solar lease pricing near 85% of projected savings — actual offers vary; read the escalator and buyout terms. There is no federal credit in Canada to improve financing math.

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.