{"id":1359,"date":"2023-04-13T15:42:24","date_gmt":"2023-04-13T15:42:24","guid":{"rendered":"https:\/\/dev.wahi.com\/wp\/?p=1359"},"modified":"2025-12-19T10:34:47","modified_gmt":"2025-12-19T15:34:47","slug":"buying-a-house-with-solar-panels","status":"publish","type":"post","link":"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/buying-a-house-with-solar-panels","title":{"rendered":"Buying a House With Solar Panels"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;55px||||false|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; custom_margin__hover_enabled=&#8221;off|desktop&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;95%&#8221; max_width=&#8221;100%&#8221; custom_margin=&#8221;||-24px||false|false&#8221; custom_padding=&#8221;55px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][wahi_breadcrumb _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][wahi_breadcrumb-link title=&#8221;Real Estate 101&#8243; _builder_version=&#8221;4.18.0&#8243; _dynamic_attributes=&#8221;link_option_url&#8221; _module_preset=&#8221;default&#8221; link_option_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjcyMiJ9fQ==@&#8221; global_colors_info=&#8221;{}&#8221;][\/wahi_breadcrumb-link][wahi_breadcrumb-link title=&#8221;Buy&#8221; _builder_version=&#8221;4.18.0&#8243; _dynamic_attributes=&#8221;link_option_url&#8221; _module_preset=&#8221;default&#8221; link_option_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE2MzIifX0=@&#8221; global_colors_info=&#8221;{}&#8221;][\/wahi_breadcrumb-link][wahi_breadcrumb-link title=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@&#8221; _builder_version=&#8221;4.18.0&#8243; _dynamic_attributes=&#8221;title&#8221; _module_preset=&#8221;default&#8221; module_text_color=&#8221;#686E6E&#8221; global_colors_info=&#8221;{}&#8221;][\/wahi_breadcrumb-link][\/wahi_breadcrumb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _dynamic_attributes=&#8221;content&#8221; _module_preset=&#8221;default&#8221; header_font_size=&#8221;3.5rem&#8221; header_line_height=&#8221;4.5rem&#8221; header_font_size_tablet=&#8221;42px&#8221; header_font_size_phone=&#8221;3rem&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; header_line_height_tablet=&#8221;4.5rem&#8221; header_line_height_phone=&#8221;3.2rem&#8221; header_line_height_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IjxoMT4iLCJhZnRlciI6IjwvaDE+In19@[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;3px||3px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][wahi_socialsharing _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/wahi_socialsharing][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;24px&#8221; text_line_height=&#8221;1.5em&#8221; custom_margin=&#8221;||12px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"at-text aem-GridColumn aem-GridColumn--default--12\">\n<p><at-text aem-data=\"{&quot;textSize&quot;:&quot;body2&quot;,&quot;textColour&quot;:&quot;black&quot;,&quot;isReducedWidth&quot;:&quot;false&quot;,&quot;textIsRich&quot;:[true,true],&quot;text&quot;:&quot;u003cpu003eAn in-depth look at the top digital trends shaping the future of real estate.u003c\/pu003ern&quot;,&quot;id&quot;:&quot;id-CE5493D460C959D6A689D2151628B665&quot;}\" class=\"rwc\"><\/at-text><span>Buying a home with a built-in solar power system can be a great investment. But before doing so, it\u2019s important to understand what you\u2019re getting yourself into.<\/span><\/p>\n<\/div>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;1.13rem&#8221; text_line_height=&#8221;1.18rem&#8221; custom_margin=&#8221;||7px|||&#8221; global_colors_info=&#8221;{}&#8221;]By <a href=\"https:\/\/wahi.com\/ca\/en\/author\/emily-southey\/\">Emily Southey<\/a> | 12 minute read[\/et_pb_text][et_pb_post_title title=&#8221;off&#8221; author=&#8221;off&#8221; date_format=&#8221;M j&#8221; categories=&#8221;off&#8221; comments=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][et_pb_image src=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@&#8221; align=&#8221;center&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.18.0&#8243; _dynamic_attributes=&#8221;src&#8221; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px|||||&#8221; border_radii=&#8221;on|32px|32px|32px|32px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.3em&#8221; header_3_font_size=&#8221;1.25rem&#8221; header_3_line_height=&#8221;1.88rem&#8221; header_4_font=&#8221;|700|||||||&#8221; header_4_font_size=&#8221;1.25rem&#8221; header_4_line_height=&#8221;1.88rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p class=\"p1\">Are you in the market for a new home? If so, you may be debating whether to buy a property with solar panels. Solar panels on homes are more common in Canada than you might think \u2014 and they\u2019re only growing in popularity. But if you\u2019ve never had a home with solar panels before, then you probably have a few questions. Below, we delve into all things solar panels, including their benefits, owned vs. leased panels, and a few questions to ask before making an offer on a home that uses a solar power system.\u00a0<\/p>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h2 class=\"p3\">Solar Power System for Homes<\/h2>\n<p class=\"p1\">First thing\u2019s first, what is solar power? Solar power works by harnessing radiant light and heat from the sun to generate electricity. Solar panels are devices specifically designed to absorb the sun\u2019s rays and convert them into electricity. The panels are made up of photovoltaic (PV) cells, also known as solar cells. When the sun shines on the solar panels, energy from the sun is absorbed by the PV cells in the panel. This energy generates electrical charges that move in response to the cell\u2019s internal electrical field, thereby causing energy to flow.<\/p>\n<p class=\"p1\"><span style=\"color: #ffffff;\">\u00a0&#8211;<\/span><\/p>\n<p class=\"p1\">Homes in Canada typically require anywhere between 10 and 24 solar panels to cover their entire electricity usage. If you\u2019re curious about how many solar panels a specific home requires, there is a formula you can use to figure it out. First, you will need to know your home\u2019s annual electricity usage, the wattage of the solar panels, and the solar power system\u2019s production ratio (the estimated energy output of the system over time). From there, you divide the system size by the production ratio by the panel wattage. The result of this division formula is the number of panels required to effectively power your home. Other factors that may determine how many solar panels a home needs are geographic location, panel efficiency, your personal energy consumption habits, and the panel-rated power.\u00a0<\/p>\n<p class=\"p1\"><span style=\"color: #ffffff;\">&#8211;\u00a0<\/span><\/p>\n<p class=\"p1\">At the end of the day, since solar power is derived from the sun, it is, in essence, a free energy source. That said, the cost of the panels themselves, along with the other necessary equipment (inverters, racking, labour for installation, and more) is not free. For this reason, the cost advantages of investing in a solar power system for your home are best visible in the long term. In addition, the number of solar panels installed on a home directly impacts the price paid for solar power (the more panels you install and the longer you use them, the greater your return on investment will be). For this reason, if you&#8217;re buying a home with solar panels already installed, you will have saved a significant amount of money, allowing you to see an even quicker return on investment.<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<script type=\"application\/ld+json\"><!-- [et_pb_line_break_holder] -->{<!-- [et_pb_line_break_holder] -->  \"@context\": \"https:\/\/schema.org\",<!-- [et_pb_line_break_holder] -->  \"@type\": \"FAQPage\",<!-- [et_pb_line_break_holder] -->  \"mainEntity\": [<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"What should I know before buying a house with solar panels?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Homes with solar panels can reduce electricity costs and offer environmental benefits, but you should understand how the solar power system works, its condition, and any financial obligations tied to the system before making a purchase. :contentReference[oaicite:1]{index=1}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    },<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"Do I own the solar panels when I buy the house?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Not necessarily. It\u2019s crucial to ask whether the existing solar panels are owned outright or leased. Owned panels transfer with the home, while leased panels may require you to assume or renegotiate the lease or pay additional fees. :contentReference[oaicite:2]{index=2}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    },<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"What\u2019s the difference between owned and leased solar panels?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Owned solar panels have been purchased by the homeowner and transfer to you upon purchase, so you don\u2019t pay extra for them. Leased panels are rented from a solar company with ongoing payments and possibly escalating costs, so the lease terms should be reviewed carefully. :contentReference[oaicite:3]{index=3}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    },<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"What questions should I ask about the solar panel system?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Before making an offer, ask who owns the panels, whether a lease exists, the age and condition of the system, and if warranties are transferable. Also ask for copies of any agreements and understand potential future costs. :contentReference[oaicite:4]{index=4}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    },<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"Can solar panels save me money?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Yes \u2014 properly sized and functioning solar panels can lower your electricity costs over time, making them a valuable feature. However, the savings depend on system performance and energy usage. :contentReference[oaicite:5]{index=5}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    },<!-- [et_pb_line_break_holder] -->    {<!-- [et_pb_line_break_holder] -->      \"@type\": \"Question\",<!-- [et_pb_line_break_holder] -->      \"name\": \"Are there any risks when buying a home with solar panels?\",<!-- [et_pb_line_break_holder] -->      \"acceptedAnswer\": {<!-- [et_pb_line_break_holder] -->        \"@type\": \"Answer\",<!-- [et_pb_line_break_holder] -->        \"text\": \"Potential risks include inherited maintenance costs, shorter remaining lifespan on older systems, increased insurance needs, and complications if the panels are leased or financed rather than owned. :contentReference[oaicite:6]{index=6}\"<!-- [et_pb_line_break_holder] -->      }<!-- [et_pb_line_break_holder] -->    }<!-- [et_pb_line_break_holder] -->  ]<!-- [et_pb_line_break_holder] -->}<!-- [et_pb_line_break_holder] --><\/script><!-- [et_pb_line_break_holder] -->[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#edf7f3&#8243; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#38505b&#8221; header_2_font_size=&#8221;2.63rem&#8221; header_2_line_height=&#8221;3.75rem&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; header_2_font_size_tablet=&#8221;32px&#8221; header_2_font_size_phone=&#8221;27px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_2_line_height_tablet=&#8221;3.75rem&#8221; header_2_line_height_phone=&#8221;32px&#8221; header_2_line_height_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"p1\"><b>\u201cSolar power works by harnessing radiant light and heat from the sun to generate electricity. Solar panels are devices specifically designed to absorb the sun\u2019s rays and convert them into electricity.\u201d<\/b><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.3em&#8221; header_3_font_size=&#8221;1.25rem&#8221; header_3_line_height=&#8221;1.88rem&#8221; header_4_font=&#8221;|700|||||||&#8221; header_4_font_size=&#8221;1.25rem&#8221; header_4_line_height=&#8221;1.88rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 class=\"p1\"><b>Owned vs. leased solar panels<\/b><\/h3>\n<p class=\"p1\">Solar panels are available for lease or purchase in Canada. Therefore, when buying a home with solar panels, it\u2019s crucial to find out whether the existing panels on the home were purchased by the current homeowners (or a past homeowner) or are leased.\u00a0<\/p>\n<p class=\"p1\"><span style=\"color: #ffffff;\">\u00a0&#8211;<\/span><\/p>\n<p class=\"p1\">If leased, panels are typically leased for the long-term from a solar installation company. Leased solar panels have an average lifespan of 10 to 20 years. In some circumstances, the new homeowner would have the option of buying the panels from the installation company or incorporating their purchase into the sale price of the home. However, both of these options can be expensive. Should you choose to continue leasing the panels, keep in mind that some solar panel lease agreements include increasing payments over time, which may not be financially viable. Therefore, if you are considering buying a home with leased solar panels, ask for a copy of the lease agreement to carefully review so you understand exactly what you\u2019re getting yourself into.<\/p>\n<p class=\"p1\"><span style=\"color: #ffffff;\">\u00a0&#8211;<\/span><\/p>\n<p class=\"p1\">On the other hand, owned solar panels are those the homeowner has purchased outright. Therefore, if you\u2019re buying a home with solar panels, you will own the solar panels as soon as the sale is closed. In such a situation, the homebuyers shouldn\u2019t have to pay anything for the solar panels when purchasing the home.<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<script type=\"application\/ld+json\"><!-- [et_pb_line_break_holder] -->{<!-- [et_pb_line_break_holder] -->  \"@context\": \"https:\/\/schema.org\",<!-- [et_pb_line_break_holder] -->  \"@type\": \"Article\",<!-- [et_pb_line_break_holder] -->  \"mainEntityOfPage\": {<!-- [et_pb_line_break_holder] -->    \"@type\": \"WebPage\",<!-- [et_pb_line_break_holder] -->    \"@id\": \"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/buying-a-house-with-solar-panels\"<!-- [et_pb_line_break_holder] -->  },<!-- [et_pb_line_break_holder] -->  \"headline\": \"Buying a House With Solar Panels\",<!-- [et_pb_line_break_holder] -->  \"description\": \"Learn what to consider when buying a home with solar panels, including ownership vs. leasing, potential savings, important questions to ask, and risks to watch out for.\",<!-- [et_pb_line_break_holder] -->  \"author\": {<!-- [et_pb_line_break_holder] -->    \"@type\": \"Person\",<!-- [et_pb_line_break_holder] -->    \"name\": \"Emily Southey\"<!-- [et_pb_line_break_holder] -->  },<!-- [et_pb_line_break_holder] -->  \"publisher\": {<!-- [et_pb_line_break_holder] -->    \"@type\": \"Organization\",<!-- [et_pb_line_break_holder] -->    \"name\": \"Wahi\",<!-- [et_pb_line_break_holder] -->    \"logo\": {<!-- [et_pb_line_break_holder] -->      \"@type\": \"ImageObject\",<!-- [et_pb_line_break_holder] -->      \"url\": \"https:\/\/wahi.com\/ca\/en\/favicon.ico\",<!-- [et_pb_line_break_holder] -->      \"width\": 60,<!-- [et_pb_line_break_holder] -->      \"height\": 60<!-- [et_pb_line_break_holder] -->    }<!-- [et_pb_line_break_holder] -->  },<!-- [et_pb_line_break_holder] -->  \"datePublished\": \"2022-06-09\",<!-- [et_pb_line_break_holder] -->  \"dateModified\": \"2022-06-09\",<!-- [et_pb_line_break_holder] -->  \"image\": {<!-- [et_pb_line_break_holder] -->    \"@type\": \"ImageObject\",<!-- [et_pb_line_break_holder] -->    \"url\": \"https:\/\/wahi.com\/wp-content\/uploads\/2022\/06\/Buying-a-House-With-Solar-Panels.png\",<!-- [et_pb_line_break_holder] -->    \"width\": 1200,<!-- [et_pb_line_break_holder] -->    \"height\": 630<!-- [et_pb_line_break_holder] -->  },<!-- [et_pb_line_break_holder] -->  \"articleBody\": \"This article guides buyers through key considerations when purchasing a house with solar panels. It highlights the importance of confirming panel ownership vs. leasing, assessing the condition and age of the system, reviewing warranties and agreements, and evaluating potential long-term energy savings. The article also outlines questions to ask the seller and potential complications involving maintenance costs, insurance, and system performance.\"<!-- [et_pb_line_break_holder] -->}<!-- [et_pb_line_break_holder] --><\/script><!-- [et_pb_line_break_holder] -->[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#2F3E52&#8243; custom_padding=&#8221;36px||36px|||&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_module=&#8221;1351&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;2rem&#8221; header_2_line_height=&#8221;2.5rem&#8221; header_2_font_size_tablet=&#8221;2rem&#8221; header_2_font_size_phone=&#8221;1.6rem&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; header_2_line_height_tablet=&#8221;2.5rem&#8221; header_2_line_height_phone=&#8221;2.25rem&#8221; header_2_line_height_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Sign up to access:<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#e8db3a&#8221; text_font_size=&#8221;1.13rem&#8221; text_line_height=&#8221;2em&#8221; custom_margin=&#8221;||41px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Listings updated every 15 minutes<br \/>New listings alerts sent to your email<br \/>19 years of sold price history<br \/>Sold comparables for every listing<\/p>\n<p>[\/et_pb_text][wahi_wahiButton url=&#8221;https:\/\/wahi.com\/ca\/en\/real-estate\/sign-up&#8221; button_color=&#8221;#EB7161&#8243; circle_color=&#8221;#000000&#8243; focus_color=&#8221;#000000&#8243; is_white_hover_text=&#8221;on&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]Sign UP[\/wahi_wahiButton][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;42px||42px||true|&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||75px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.3em&#8221; header_3_font_size=&#8221;1.25rem&#8221; header_3_line_height=&#8221;1.88rem&#8221; header_4_font=&#8221;|700|||||||&#8221; header_4_font_size=&#8221;1.25rem&#8221; header_4_line_height=&#8221;1.88rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 class=\"p1\"><strong>Questions to ask before buying a home with solar panels<\/strong><\/h3>\n<p class=\"p1\">Since homes with solar panels are a little different from those with other, more traditional energy sources, it\u2019s important to ask the seller or their REALTOR\u00ae several questions before making an offer. We recommend asking the following questions relating to the home\u2019s solar power system:<\/p>\n<p class=\"p1\"><span style=\"color: #ffffff;\">&#8211;\u00a0<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s1\"><\/span>Who owns the solar panels? Note that purchasing a home with leased solar panels may come at a high price. Ideally, you want to find a home with owned solar panels so that you won\u2019t have to pay anything extra for them when you purchase the home. Plus, when you buy the home, ownership of the panels transfers to you.<\/li>\n<li class=\"li1\"><span class=\"s1\"><\/span>Who made the solar panels? There is a wide range of companies producing solar panels on the market today. Ask for the name of the company so that you can do your research into its reputation. Plus, if the company is in Canada, the panels may come with beneficial warranties.<\/li>\n<li class=\"li1\"><span class=\"s1\"><\/span>Who installed the solar panels on the home and when were they installed? Just like how the quality of the panels varies by provider, so too does the quality of installation. Therefore, we recommend asking for the name of the company or independent contractor that installed the solar panels on the property. Most solar installation companies offer warranties (typically no less than 10 years) on their workmanship. Should any issues arise within a decade of installation, you&#8217;ll be covered. However, you will only be covered if you know who installed the panels and the exact details of the warranty agreement.<\/li>\n<li class=\"li1\"><span class=\"s1\"><\/span>How extensive is the solar power system? The size of the system directly correlates to its functionality and efficacy. In turn, this impacts the cost of your utility bills. If you feel comfortable, consider asking the seller how much the solar panels have affected their monthly energy bills. You may even ask how much money they estimate they\u2019ve saved in utilities since installing the panels.<\/li>\n<li class=\"li1\"><span class=\"s1\"><\/span>How many panels are installed and what are the wattages of the panels? As mentioned above, the number of panels and the panel wattages directly relate to their efficacy as an energy source. Though you might be able to count the panels just by looking at the roof, it\u2019s smart to confirm the exact number of panels and their corresponding wattage. From there, you can use the formula listed above to calculate the ideal number of panels on the house. This way, you will know before you buy the home whether it currently has enough panels to power the house or whether more panels might be required in the future.<\/li>\n<li class=\"li1\"><span class=\"s1\"><\/span>Is net metering possible? Depending on where the house is located in Canada, the solar panels might be eligible for net metering. Net metering could allow you to sell any excess electricity the panels generate back to the grid. In Canada, all provinces and territories offer a net metering or grid-tie power buyback program when homes generate their own electricity using a renewable energy source. Depending on the number of solar panels on your home, this could be an option for you, one that could not only help you save money but make money off your solar power system.<\/li>\n<\/ul>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h2 class=\"p3\">Why Install Solar Panels on Your Home?<\/h2>\n<p class=\"p1\">The top five benefits of installing solar panels on your home are as follows:<\/p>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h3 class=\"p1\"><b>Solar panels can reduce the cost of utility bills<\/b><\/h3>\n<p class=\"p1\">One of the top reasons Canadian homeowners choose to install solar panels on their homes is to save money on utility bills. When you power your home using solar panels, you will significantly reduce your energy consumption. You might even be able to entirely eliminate your energy bills. While the upfront cost of solar power installation can seem daunting, the long-term savings on your utility bills are a huge benefit.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;35px&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_module=&#8221;1002&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||75px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.3em&#8221; header_3_font_size=&#8221;1.25rem&#8221; header_3_line_height=&#8221;1.88rem&#8221; header_4_font=&#8221;|700|||||||&#8221; header_4_font_size=&#8221;1.25rem&#8221; header_4_line_height=&#8221;1.88rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 class=\"p1\"><b>Solar panels are a reliable energy source<\/b><\/h3>\n<p class=\"p1\">When your home uses solar energy, you no longer need to rely on traditional sources of power for electricity. In essence, you create your own personal energy source. And even better, it\u2019s a renewable energy source, which is especially important in a world where non-renewable energy sources (coal, natural gas, and oil) are quickly being depleted. As long as the sun is shining, your house will have energy, making solar power a far more reliable and sustainable energy source than any non-renewable alternative. Therefore, solar panels can provide Canadian homeowners with unparalleled peace of mind knowing that their energy source will never run out.<\/p>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h3 class=\"p1\"><b>Solar panels are better for the environment<\/b><\/h3>\n<p class=\"p1\">Reduce your carbon footprint while saving money on utility bills thanks to solar panels. Solar power is a much more environmentally friendly energy source than traditional, non-renewable sources like natural gas or oil. In fact, it is these non-renewable energy sources that are responsible for the build-up of greenhouse gasses and air and water pollution. It\u2019s also worth noting that, as the name implies, they are non-renewable, meaning they are finite and the planet is quickly running out of them. Thus, there\u2019s no better time to invest in solar energy for your home. Installing solar panels is one step you can take to reduce your carbon footprint and save the environment.<\/p>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h3 class=\"p1\"><b>Solar panels are low maintenance<\/b><\/h3>\n<p class=\"p1\">Another benefit of solar panels is that they are incredibly easy to maintain. They are durable and can last up to 30 years. They typically only require maintenance every few years, and this maintenance is relatively simple. All you need to do is wash off dust, dirt, or snow from the panels so that they can function at maximum capacity. You can also hire a professional to clean the panels for you.<\/p>\n<p class=\"p2\"><span style=\"color: #ffffff;\">&#8211;<\/span><\/p>\n<h3 class=\"p1\"><b>Solar panels can increase the value of your home<\/b><\/h3>\n<p class=\"p1\">Lastly, did you know that solar panels can boost the property value of your home? It\u2019s true! Should you decide to put your new home up for sale down the road, you may be able to sell it for a higher price thanks to the addition of solar panels. Energy-efficient upgrades are becoming increasingly attractive to homebuyers, and there are few updates more energy-efficient than solar panels. Even better, since solar energy is becoming more popular as we run out of non-renewable energy sources, it\u2019s likely that the value of homes with solar panels will only go up.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||54px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;BaseTitle&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;||||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.3em&#8221; header_3_font_size=&#8221;1.25rem&#8221; header_3_line_height=&#8221;1.88rem&#8221; header_4_font=&#8221;|700|||||||&#8221; header_4_font_size=&#8221;1.25rem&#8221; header_4_line_height=&#8221;1.88rem&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Frequently Asked Questions<\/h2>\n<p>[\/et_pb_text][et_pb_toggle title=&#8221;What happens when you buy a house with solar panels?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>This depends on whether the solar panels are owned or leased. If the solar panels were bought outright by the previous homeowners, then ownership of the panels transfers to you when you buy the home. However, if the solar panels are leased, then you will have options ranging from buying the panels from the solar installation company to continuing with the lease.\u00a0\u00a0<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Are solar panels worth it in Ontario?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>To determine whether solar panels are worth it in <a class=\"wpil_keyword_link\" href=\"https:\/\/wahi.com\/ca\/en\/real-estate\/on\"   title=\"Ontario\" data-wpil-keyword-link=\"linked\">Ontario<\/a>, you will need to consider the upfront cost of installation with how long it will take to pay off the system. Generally speaking, if you can pay off the solar power system within a decade, it\u2019s worth it. Alternatively, if you\u2019re buying a home with solar panels already installed (meaning there are no upfront costs for you), then it\u2019s almost always worth it. Plus, the cost of electricity in Ontario is among the highest in Canada, which is yet another reason that solar panels may be worthwhile to homeowners.<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Can solar panels prevent me from getting a mortgage?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div class=\"at-faq-item\">\n<p><at-faq-item aem-data=\"{&quot;answer&quot;:&quot;\\u003cp\\u003eSolar panels may impact your mortgage if they are financed. However, if the solar panels on your home were purchased outright then they should have no effect on your ability to get a mortgage. When solar panels are financed it means the homeowners used a loan to purchase the necessary equipment. In such instances, the solar company will put a lien on the house. Many Canadian mortgage lenders refuse to finance a property with an existing lien. Therefore, in order to obtain a mortgage, the solar company will need to agree to temporarily lift the lien until after the home is sold.\\u003c\/p\\u003e\\r\\n&quot;,&quot;question&quot;:&quot;Can solar panels prevent me from getting a mortgage?&quot;,&quot;textIsRich&quot;:&quot;true&quot;,&quot;id&quot;:&quot;id-7CDB87C0A4EEF8FCC174D60BC712ACF8&quot;}\" class=\"rwc\"><\/p>\n<div class=\"FAQItem_separator__1nB5O\">\n<div class=\"\">\n<div class=\"BaseText_root__2z8vX color-darkGrey BaseText_size-body5__CMtv8\">\n<p>Solar panels may impact your mortgage if they are financed. However, if the solar panels on your home were purchased outright then they should have no effect on your ability to get a mortgage. When solar panels are financed it means the homeowners used a loan to purchase the necessary equipment. In such instances, the solar company will put a lien on the house. Many Canadian mortgage lenders refuse to finance a property with an existing lien. Therefore, in order to obtain a mortgage, the solar company will need to agree to temporarily lift the lien until after the home is sold.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><\/at-faq-item><\/div>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Does homeowners insurance go up with solar panels?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>There is a chance that your homeowner\u2019s insurance policy will go up with the addition of solar panels, but it\u2019s not a guarantee. For this reason, we recommend getting quotes from several insurance providers to ensure you receive the most competitive rate. How solar panels can impact your insurance rate are as follows: Solar panels may add value to your home, which could increase the cost of your insurance policy (the more valuable a home, the more expensive it is to insure). However, the good news is that solar panels are usually covered by standard homeowners\u2019 insurance policies. Since they are attached to your home, they are covered under the dwelling portion of your policy. (But keep in mind that you\u2019ll only receive compensation from the insurance company if your solar panels are damaged by an insured peril, such as a fire.)<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Is it worth installing solar panels in Ontario?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>It can be worth it to install solar panels on a home in Ontario. Electricity rates are relatively high in Ontario compared to other provinces in Canada, which means that investing in solar panels can make a lot of financial sense. Given the province\u2019s high cost of electricity, homeowners who install solar panels on their properties may see a return on investment in as little as 10 years. Plus, solar panels come with many other benefits, such as minimal maintenance (the only maintenance is clearing snow off them in the winter), a boost in property value, and a lesser environmental impact.<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;How much does it cost to install solar panels on a roof in Ontario?&#8221; closed_toggle_background_color=&#8221;#ffffff&#8221; icon_color=&#8221;#BC4E40&#8243; toggle_icon=&#8221;&#x43;||divi||400&#8243; use_icon_font_size=&#8221;on&#8221; icon_font_size=&#8221;32px&#8221; open_icon_color=&#8221;#BC4E40&#8243; open_toggle_icon=&#8221;&#x42;||divi||400&#8243; open_use_icon_font_size=&#8221;on&#8221; open_icon_font_size=&#8221;32px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#000000&#8243; title_level=&#8221;h2&#8243; title_font=&#8221;|700|||||||&#8221; body_text_color=&#8221;#686e6e&#8221; body_line_height=&#8221;2em&#8221; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;||17px|||&#8221; border_width_all=&#8221;0px&#8221; border_width_top=&#8221;1px&#8221; border_width_bottom=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span>The cost of installing solar panels on a roof in Ontario varies greatly depending on the wattage of the panels and the size of the home. In addition, some Ontario homeowners may wish to install enough panels to offset 100% of their electrical usage, while others may only wish to offset part of their usage. Generally speaking, you can expect solar panels to cost between $2.50 and $3 per watt. The average Ontario home requires a 7,500-watt solar array, which means the cost of installation would be between $18,750 and $22,500.<\/span><\/p>\n<p>[\/et_pb_toggle][et_pb_blurb title=&#8221;Emily Southey&#8221; image=&#8221;https:\/\/wahi.com\/wp-content\/uploads\/2022\/11\/Screen-Shot-2022-11-02-at-7.46.57-PM.png&#8221; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;64px&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;|700|||||||&#8221; header_font_size=&#8221;24px&#8221; header_line_height=&#8221;18px&#8221; body_font_size=&#8221;20px&#8221; body_line_height=&#8221;2em&#8221; max_width=&#8221;350px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;||48px|||&#8221; custom_padding=&#8221;60px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Wahi writer<\/p>\n<p>[\/et_pb_blurb][wahi_socialsharing module_class=&#8221;wahi_socialsharing_2&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/wahi_socialsharing][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;42px&#8221; header_2_line_height=&#8221;1.3em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>You might also like<\/h2>\n<p>[\/et_pb_text][et_pb_blog fullwidth=&#8221;off&#8221; posts_number=&#8221;3&#8243; include_categories=&#8221;21,22&#8243; show_author=&#8221;off&#8221; show_excerpt=&#8221;off&#8221; show_pagination=&#8221;off&#8221; module_class=&#8221;zoom-blog&#8221; _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; header_font_size=&#8221;24px&#8221; header_line_height=&#8221;1.3em&#8221; border_width_all=&#8221;0px&#8221; border_radii_image=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_blog][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;35px&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_module=&#8221;1002&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying a home with a built-in solar power system can be a great investment. But before doing so, learn about what you\u2019re getting into.<\/p>\n","protected":false},"author":1,"featured_media":280170,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"2880","footnotes":""},"categories":[21],"tags":[],"dipi_cpt_category":[],"class_list":["post-1359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy"],"acf":[],"_links":{"self":[{"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/posts\/1359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/comments?post=1359"}],"version-history":[{"count":5,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/posts\/1359\/revisions"}],"predecessor-version":[{"id":314162,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/posts\/1359\/revisions\/314162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/media\/280170"}],"wp:attachment":[{"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/media?parent=1359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/categories?post=1359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/tags?post=1359"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/wahi.com\/ca\/en\/wp-json\/wp\/v2\/dipi_cpt_category?post=1359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}