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How long is solar payback in the Maritimes?

How long is solar payback in the Maritimes?

A clear look at what drives payback in PEI, NB and NS — and why rising power rates shorten it.

Article

Payback depends on three things: your electricity rate, how much of your usage solar offsets, and any rebates you qualify for.

Typical range

Most Maritime homes land between 8 and 12 years, with rising utility rates pulling that number down over time.

What shortens it

  • Higher electricity rates
  • Provincial rebates
  • South-facing, unshaded roofs
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