

Solar panels net $2,000/year
For anyone conscious about their electricity bills!
The harvest surplus months are April - September, while Oct-Mar run a deficit and tapers to $0/month in Alberta.
During surplus, my electricity is sold at .35c/kwh(via AB solar club)
During deficit months i pay around .07c/kwh
Before solar i spent roughly $800/year in electricity and $1000/year in distribution/other fees.
My electric bill went from $1800/year to -$200/year. Net delta of savings around $2k per year.
Any other home owners in PFC invest in solar/crunch their numbers?
Technical details:
I have an 11kw system(27panels) that generated 11.2MWh in the last 12 months.
Isn’t a true net, solar is financed at $200/m at 0% (CGHL 8 years left). Im running -$30/month into home equity until solar is paid off. After that, $2k/year free cash flow for life of the panels
System cost $2.75-3/kw. Hard to pin down as subpanel, trenching, EV chargers, load manager was mixed in.
3bd starter single family home in AB
30y warranty panels
20y warranty inverters
Saved $1900 over 12M to charge my EV
12 months total charged ~4700KWH
Total cost $653 CAD
Driven around 24,000km
Home 81%(Charging at home is key)
DC charging 4%
work 12%
public 3%
The tracker app uses monthly avg gas price to calculate savings and came out to $1900.
This is real data from your local Albertan. Cheers.
Extra detail specs for technical people:
Electricity plan: 6.5cents/kwh. Estimated actual = 14c/kwh used in calc
Insurance: $1831/yr
Driven 70,000km EV km so far since 2023 in AB.
Car is a 2023 Model3 LR AWD, Shanghai gigafactory, LG NCM battery type.
NCM battery > LFP battery in Alberta winters