Is $37,250 to 15.6 kw dc solar system (30 panels) a fair price?
Project Details
Homeowner is evaluating solar options in Canada (prices in CAD). They heat with wood and two heat pumps, with a fixed $20/month delivery charge. They are skeptical of the ROI given current electricity rates of $0.182/kWh and the cost of financing (0% for 5 years, then rolling into a 5% mortgage).
Quote Details
A 15.6 kW DC solar installation producing approximately 11,400 kWh to 17,192 kWh AC annually. - 30 Bauer 520W Topcon panels - 30 Enphase IQ8HC microinverters - 11.4 kW AC power output - Includes $30,000 hardware and $5,000 installation - Includes 14% tax ($4,900) - Includes ENS SolarHomes Rebate (-$3,000)
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More Details
Category
Solar
Price
$37,250
Quote Date
May 9, 2026
Battery Storage?
No
# of Panels
30
System Size (kW)
15.6
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