Though the initial cost for installation can be a bit pricey, ranging from $15,000 - $25,000, depending on the size of your home/garage, you have governmental incentives to look forward to, to help ease this initial cost. There are also financial options available such as lease and special financing rates as low as 1.5%. Opportunities like these will help ease the financial burden and make going green more manageable.
On average, Albertan households consume around 7,200 kWh of electricity per year. This would require a solar photovoltaic system of about 6,000 installed watts to equal net- zero electricity per year. If the system costs around $3.00/watt, this would cost around $18,000.
Farmers can expect to see a big return with the Alberta On-Farm Solar Photovoltaics Program and if you're in the city, the Residential and Commercial Solar Program will see a cut of up to 30% on residential solar energy system installation.