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Solar Calculator Thunder Bay — 2026 Savings Estimate

Thunder Bay receives 2,060 sun hours/year. See how much you can save with solar panels powered by Thunder Bay Hydro electricity rates.

2,060

Sun Hours/Year

$165/mo

Avg Electricity Bill

Thunder Bay Hydro

Primary Utility

7 kW

Avg System Size

Solar Energy in Thunder Bay, Ontario

Thunder Bay is well-positioned for residential solar energy. According to Natural Resources Canada (NRCan) solar irradiance data, Thunder Bay receives 2,060 sun hours per year. With an average monthly electricity bill of $165 from Thunder Bay Hydro, homeowners can see significant savings by going solar.

A typical 7 kW solar system in Thunder Bay produces approximately 1,225 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 Thunder Bay is Thunder Bay Hydro, 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 Thunder Bay are now 10 years on average, meaning your system generates free electricity for 15+ additional years.

Electricity Rates in Thunder Bay

Utility ProviderThunder Bay Hydro
Average Rate14.0¢/kWh
Rate Structuretime of-use
Average Monthly Bill$165

Learn more about connecting solar with your utility: Hydro One Solar Connection Guide

Solar Incentives Available in Thunder Bay

Federal: 30% Clean Technology ITC

All Thunder Bay homeowners qualify for the federal 30% Investment Tax Credit on solar installations. On a $23,800 system, this saves approximately $7,140.

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 Thunder Bay?

Typical system size7 kW
Estimated system cost (before incentives)$23,800
Estimated cost after federal ITC$16,660
Estimated annual savings$1,480/year
Estimated payback period10 years
25-year savings$38,110

Estimates based on 7 kW system, 2060 sun hours/year, and current Thunder Bay Hydro rates. Your actual savings may vary based on roof orientation, shading, and consumption patterns.

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Solar FAQs for Thunder Bay, Ontario

Data Sources & References for Thunder Bay Solar

— Data sources: NRCan, Thunder Bay Hydro, Government of Canada

Thunder Bay, Ontario, Canada (48.38°N, 89.25°W)