What are the financial benefits of installing solar on my building?

Installing a solar PV system on your building instantly saves you money on electricity bills. You also lock in energy rates at today’s prices, protecting you from ever-increasing electricity rates. The amount of time it takes to pay back your system depends on many things, including electricity prices, energy consumption patterns, shading, rebates, and the contractor you choose for installation. As electricity rates go up each year, your payback period reduces proportionally. Over the 25+ year lifespan of your solar panels, your system will pay for itself in energy savings several times over. For example, a typical solar PV system will cost between $10,000 – $30,000.

Here’s what you’ll pay to your utility company for electricity company over 25 years (warranty of most solar panels and inverters):

  • $100 per month = $50,000 over 25 years
  • $200 per month = $100,000 over 25 years
  • $500 per month = $250,000 over 25 years

Why not pay yourself instead?

These calculations assume an annual average 4% utility rate increase based on historical rates

Some studies show that installing a solar system increases the property value up to 4% and when put up for sale, these properties sell faster too! All in all, installing solar is a safe, tangible and wise investment.


The final product, including the phone app and website to monitor electricity generation by individual panels in real time is outstanding. We’d highly recommend Infinity Solar!

Chris and Wendy L.

I get to offset my energy bill and take advantage of all the sunshine Kimberley gets! Great system!

Shane T.

Best investment I ever made especially now with the government Green Energy Grant – the Federal government reimbursed me $5,600. This local company does excellent work and I highly recommend them!

Bob W.

This is a big investment and we felt that our questions were answered, even if we ended up asking them twice, and that our emails were responded to promptly. Overall 5 out of 5 stars!

Joyce D.

The clarity and ease of the project, installation and overall experience with Infinity Solar was excellent!

Pieter S.

We had our 17 panel system installed in July and by Dec. 31st we had generated 2,360 kWh – gotta love it!

Bob N.

Love what you folks have done for me. No power bills. No carbon tax. Free fuel for my EV. Not to mention the increased value in my home. Who wouldn’t want to buy a house with no power bills. A no brainer. Doug L.

Doug L.

My hydro bill was a mere $65 for the summer, even with the air conditioning on full tilt and five people in the house! Thank you solar panels!! Thank you Infinity Solar!

Heather M.

Everyone at Infinity Solar was easy to understand and more than willing to help, even when we called the wrong person. We are very satisfied with the installation and the company. Friends who were visiting us saw our solar system layout, and they then purchased a system from the same company on our recommendation.

Ken & Brenda P.

Everything was really great! From the initial quotes, to answering all of our questions, to the final install. We felt taken care of and secure in our decision to use your company.

Laurel G.

I appreciate being able to do things by email/online and that process was easy and efficient. All the staff were knowledgeable and friendly!

Kyla L.

We have been very happy with the installation and the service we received. We are happy to refer Infinity Solar to our friends and family.

Ron & Mary Ann J.

We were really happy with our experience with Infinity Solar. Hannah was especially good, working hard and keeping us informed of what she was doing. She was both professional and personable and we enjoyed working with her.

Lonnie M.