What? No Canada isn't cheap solar power -- last I checked rooftop ballasted solar is a 12-14 year payback on avoided costs. Inverter will go beforehand and that excludes any op costs. 8k$ free loan doesn't really provide as much value as you would think.
FWIW - I am all for solar but selling rooftop solar in canada as cheap and no-brainer is false.
3-4 year payback would be a no brainer. 8-13 year payback with an inverter upgrade and op-costs is definitely a decision that needs to be thought out.
The grid you are offsetting is fairly green to begin with so the net benefit is marginal.
If you are going to be isolated and put backup power into the equation. You ROI tanks further but at least you have about a day or two worth of energy in the storage asset.
FWIW - I am all for solar but selling rooftop solar in canada as cheap and no-brainer is false.
3-4 year payback would be a no brainer. 8-13 year payback with an inverter upgrade and op-costs is definitely a decision that needs to be thought out.
The grid you are offsetting is fairly green to begin with so the net benefit is marginal.
If you are going to be isolated and put backup power into the equation. You ROI tanks further but at least you have about a day or two worth of energy in the storage asset.