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Solar Calculator Peterborough — 2026 Savings Estimate

Peterborough receives 2,050 sun hours/year. See how much you can save with solar panels powered by Peterborough Utilities electricity rates.

2,050

Sun Hours/Year

$172/mo

Avg Electricity Bill

Peterborough Utilities

Primary Utility

8 kW

Avg System Size

Solar Energy in Peterborough, Ontario

Peterborough is well-positioned for residential solar energy. According to Natural Resources Canada (NRCan) solar irradiance data, Peterborough receives 2,050 sun hours per year. With an average monthly electricity bill of $172 from Peterborough Utilities, homeowners can see significant savings by going solar.

A typical 8 kW solar system in Peterborough produces approximately 1,400 kWh per year, enough to offset a significant portion of average household electricity consumption. You can verify solar potential for your specific address using the NRCan Photovoltaic Potential Map.

The primary utility in Peterborough is Peterborough Utilities, serving the majority of residential customers. Ontario's time-of-use pricing means solar savings vary by time of day, with peak period offsets providing the highest value. Rates are set by the Ontario Energy Board (OEB).

With the federal 30% Clean Technology Investment Tax Credit and provincial incentives, solar panel payback periods in Peterborough are now 10 years on average, meaning your system generates free electricity for 15+ additional years.

Electricity Rates in Peterborough

Utility ProviderPeterborough Utilities
Average Rate14.0¢/kWh
Rate Structuretime of-use
Average Monthly Bill$172

Solar Incentives Available in Peterborough

Federal: 30% Clean Technology ITC

All Peterborough homeowners qualify for the federal 30% Investment Tax Credit on solar installations. On a $27,200 system, this saves approximately $8,160.

Ontario Zero-Export Solar Incentive

$100 per kW of solar capacity, up to maximum of $5,000

Ontario Zero-Export Battery Incentive

$300 per kWh of battery storage, up to maximum of $5,000

How Much Can You Save With Solar in Peterborough?

Typical system size8 kW
Estimated system cost (before incentives)$27,200
Estimated cost after federal ITC$19,040
Estimated annual savings$1,580/year
Estimated payback period10 years
25-year savings$40,685

Estimates based on 8 kW system, 2050 sun hours/year, and current Peterborough Utilities rates. Your actual savings may vary based on roof orientation, shading, and consumption patterns.

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Solar FAQs for Peterborough, Ontario

Data Sources & References for Peterborough Solar

— Data sources: NRCan, Peterborough Utilities, Government of Canada

Peterborough, Ontario, Canada (44.31°N, 78.32°W)