Interactive ROI calculator
Solar & Heat Pump Savings Calculator
Choose your upgrades, set your bills and see estimated annual savings, rebates, payback and 25-year savings instantly. No sign-up required.
How we calculate your estimate
- Solar: about 1,150 kWh produced per kW each year in Ontario, valued at about $0.165/kWh, capped at 90% of your hydro bill. Installed cost about $3,050/kW. Rebate $500/kW, up to $10,000.
- Heat pump (air-source): about 90% reduction in your gas heating bill. Installed cost about $13,500. Typical rebate $4,000. Larger rebates (up to $15,000) may apply depending on system and eligibility.
- Battery: about 8% hydro savings from time-of-use shifting. Installed cost about $14,000. Rebate $5,000.
- 25-year savings = annual savings × 25 − net investment. Excludes future rate changes, financing costs and maintenance.
- These are planning estimates, not a quote. Rebate eligibility is set by the Home Renovation Savings Program. See homerenovationsavings.ca.
Make the most of it
Three ways to boost your savings
Start with an audit
Sealing leaks and adding insulation first can mean a smaller heat pump and lower running costs.
Pair solar with a heat pump
Solar offsets the extra electricity a heat pump uses, so you save on both bills.
Stack your rebates
Combining eligible upgrades is how homeowners reach $25,000+ in HRSP rebates.
Free consultation
Turn your estimate into an exact quote
Get a free, no-pressure roadmap for your home: the right equipment, the real numbers and every rebate you qualify for.
- HRSP-approved installer. We prepare your rebate paperwork for you.
- ESA-licensed electricians and code-compliant installs.
- 30-day satisfaction guarantee on every project.