More Sunlight = More Energy = More Savings
- Alberta gets over 2,300 hours of sunshine per year, especially in southern areas like Medicine Hat, Calgary, and Lethbridge — the most in Canada.
- That means solar panels in Alberta generate more electricity than the same system would in other provinces like Ontario or B.C.
- More production = Higher return on investment (ROI).
High Electricity Costs + No Time-of-Use Billing
- Alberta electricity prices fluctuate but often hover around $0.18–$0.30/kWh, especially during peak demand. Solar helps you hedge against these rising rates.
- Unlike Ontario, there’s no time-of-use pricing, so solar offsets a higher flat rate all day long — boosting your overall savings.
Solar Net Billing Program (Micro-Generation Regulation)
- Alberta allows homeowners to sell excess electricity back to the grid at retail or near-retail prices through a micro-generation agreement.
- In the summer, your system can produce more than you use, creating credits that help offset winter bills.
- You only pay for the net electricity used over time.
Tax FREE Solar Credits
- Any credit or revenue from selling extra solar power back to the grid in Alberta is not considered taxable income.
How Much Money Can You Save?
Typical Home Savings
- 6.5kW solar system (about 15–18 panels)
- Cost: ~$14,000–$17,000 (before rebates)
- Annual generation: ~9,000–10,000 kWh
- Retail power price: ~$0.23/kWh (avg)
Estimated Annual Savings:
9,000 kWh × $0.23 = $2,070/year
The system pays for itself in 7–9 years, then continues to save you $2,000+ annually for 15–20 more years. That’s $30,000–$50,000 in lifetime savings.
Bonus: Increase Home Value
According to real estate studies, homes with solar sell faster and at a higher price — typically increasing resale value by $10,000–$20,000, especially in Alberta where utility savings are real and measurable.