Introduction
Solar panel prices in Canada have stabilized in 2025 after several years of rapid declines. This post covers current costs, provincial differences, factors impacting pricing, and what 2026 may bring for Canadians considering solar power.
Current Costs (2025)
The average cost per watt for residential solar panel installations across Canada ranges from CAD 2.42 to CAD 3.50 depending on the province and system size. For example:
- A 5 kW system typically ranges from CAD 12,000 to CAD 25,000 before incentives
- Larger 7 kW to 10 kW systems can cost CAD 17,500 to CAD 35,000 before any rebates
Components included are solar panels, inverters, racking, and professional installation.
Provincial Price Variations
- Ontario tends to be one of the most affordable with $2.42 to $3.05 per watt
- Western provinces like BC, Alberta, and Saskatchewan see $2.60 to $3.27 per watt
- Remote locations like Nunavut can have costs above $4.00 per watt due to logistics
What Influences Cost?
- Type and brand of solar panels (monocrystalline cost more than polycrystalline or thin-film)
- Roof complexity and installation labor rates
- Available government incentives and rebates
2026 Cost Projections
After significant federal tax credit reductions starting in 2026, upfront solar installation costs may rise by 20-30% without subsidies. However, growing technology efficiency and competition could moderate price increases. It’s still financially advantageous to install solar before year-end to benefit from max incentives.
Conclusion
Solar panel costs are competitive and continue to offer strong long-term savings. Don’t wait for prices to rise next year—start your solar journey in 2025!
Get your personalized solar quote today with Get-Can Solar!
