Is Solar Worth It in Toronto? | 2026 Payback Calculator

Calculate your solar panel payback period in Toronto using local sunlight hours and electricity rates to see when your investment pays off.

Data updated: January 2026

Solar Payback Calculator

$5,000$50,000
$0$10,000

Estimated Payback Period

12.2 years

Annual Savings: $983

Based on 4.2 avg. sunlight hours/day and $0.13/kWh

Free, no-obligation estimates from certified solar professionals

Pro Research: Solar ROI Guide

Is solar still worth it in 2026? Our comprehensive guide covers payback periods, tax incentives, regional variations, and long-term ROI calculations.

Read Our Solar ROI Guide →

More for Toronto Residents

Explore other cost calculators for Toronto:

🏠 Fence Cost

Calculate fence installation costs
🚗 EV Savings

Compare EV vs gas costs
🌳 Tree Removal

Estimate tree removal costs

Frequently Asked Questions

Is solar expensive in Toronto compared to the national average?

Solar in Toronto offers favorable conditions with 4.2 average daily sunlight hours and electricity rates of $0.13/kWh, making it more attractive compared to the national average.

How many sunlight hours does Toronto get on average?

Toronto receives an average of 4.2 hours of direct sunlight per day, which is 7% below the national average of 4.5 hours. This moderate sunlight exposure supports solar panel efficiency and contributes to faster payback periods for solar investments in Toronto.

How long does solar installation take in Toronto?

Solar panel installation in Toronto typically takes 1-3 days for a residential system, depending on system size and roof complexity. The entire process, including permits, inspections, and utility interconnection, usually takes 4-8 weeks from contract signing to system activation.

What are the 2026 price trends for solar in Toronto?

In 2026, solar prices in Toronto continue to decline while electricity rates remain at $0.13/kWh. With 4.2 average daily sunlight hours, homeowners in Toronto can expect payback periods of 6-10 years, with federal tax credits and local incentives potentially reducing this timeline.

Last Verified: January 2026

Solar Investment Returns in Toronto

Solar panel payback periods in Toronto are influenced by several local factors. With an average of 4.2 sunlight hours per day and electricity rates of $0.13 per kWh, homeowners in Toronto can expect different returns compared to other regions.

The Toronto area's climate and local utility policies directly impact your solar investment timeline. Government rebates and net metering programs available in Toronto can significantly reduce your payback period.

Our calculator uses real-time 2026 data specific to Toronto, accounting for local installation costs, available incentives, and regional electricity pricing. This helps you make an informed decision about whether solar is a smart investment for your Toronto property.

Recommended for you