Solar panels in Waterloo, Ontario

Identical numbers to Kitchener and Cambridge — and a utility only one of them shares.

Waterloo is modelled at 1,155 kWh per kW a year with a payback of 9 to 12 years on a 9 kW system saving about $2,050 — figures it shares exactly with Kitchener and Cambridge. What differs across the tri–cities is not the sunshine but the utility: Waterloo and Kitchener are served by Enova Power, Cambridge by GrandBridge Energy.

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9.8¢/kWh
Enova Power rate
$2,050/year
average yearly savings
9-12 years
payback period
6
neighbourhoods served

Real Xolar installs in Waterloo

Completed systems across the Waterloo service area — first-hand specs, not industry averages.

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Ottawa — 14.2 kW rooftop

South-facing asphalt shingle · completed January 2024 · 11 progress photos on file

PANELS
35
ANNUAL PRODUCTION
~18,103 kWh

"With nearly all my household energy now coming from the sun, my monthly bills have plummeted — and it's not just about the savings, it's the positive environmental impact."

— Real Ottawa homeowner ★★★★★

Waterloo energy & net metering

What Enova Power charges here, and how surplus solar is credited in Ontario.

UTILITY & RATE
Enova Power
9.8¢-20.3¢/kWh (TOU, OEB RPP)
SOLAR POTENTIAL
Very Good – 1,155 kWh/kW annually
NET METERING
Enova Power offers 1:1 net metering – excess solar earns credits at the full retail rate. With Time–of–Use billing, on–peak credits at 20.3¢/kWh are more than double the off–peak rate. Credits roll over for 12 months. As of May 1, 2026, the simplified micro–embedded generation connection threshold was raised to 12 kW for residential customers (net metering itself remains available for systems up to 500 kW). Ontario's HRSP offers up to $10,000 for solar + battery installations, but solar under HRSP must be sized for load displacement only – net metering is not permitted under HRSP. Customers must choose one or the other.

Ontario’s Time–of–Use electricity rates range from 9.8¢/kWh (off–peak) to 20.3¢/kWh (on–peak), with mid–peak at 15.7¢/kWh (OEB RPP, Nov 2025–Oct 2026). Waterloo electricity is distributed by Enova Power. Solar panels generate most during daytime on–peak hours, earning you credits at the highest rate. The Ontario Electricity Rebate provides a 23.5% discount on your bill.

Enova Power Time-of-Use rates in Waterloo

What a kilowatt-hour costs at each tier, and the hours each one applies — OEB Regulated Price Plan, Nov 2025 – Oct 2026. Rates are set province-wide by the Ontario Energy Board, so they are the same whichever utility bills you; only delivery charges differ.

Off-peak
9.8¢/kWh
Evenings, overnight, weekends
$68.60/mo at 700 kWh
Mid-peak
15.7¢/kWh
Shoulder hours, weekdays
$109.90/mo at 700 kWh
On-peak
20.3¢/kWh
The expensive weekday block
$142.10/mo at 700 kWh

Enova Power peak hours, by season

The tiers hold all year; the hours switch twice a year. Weekends and statutory holidays bill at the off-peak rate all day, in both seasons.

SummerMay 1 – Oct 31 · weekdays
On-peak11 a.m. – 5 p.m.
Mid-peak7 – 11 a.m. and 5 – 7 p.m.
Off-peak7 p.m. – 7 a.m.
WinterNov 1 – Apr 30 · weekdays
On-peak7 – 11 a.m. and 5 – 7 p.m.
Mid-peak11 a.m. – 5 p.m.
Off-peak7 p.m. – 7 a.m.

On-peak power costs 2.1× what the same kilowatt-hour costs off-peak. At the Ontario Energy Board's benchmark of 700 kWh a month, that is the difference between $68.60 and $142.10 on the electricity line alone — delivery and regulatory charges are billed separately, and the Ontario Electricity Rebate then takes 23.5% off the total.

This is why solar pays better here than a flat rate would suggest. A rooftop array produces most between 11 a.m. and 5 p.m. — precisely the summer on-peak window — so the power it offsets is the most expensive power Waterloo buys.

Ontario electricity rates in full — Tiered and Ultra-Low Overnight prices, Hydro One, and which utility serves each city →

How your system works behind the meter

Most of a Waterloo system's value comes from power used behind the meter — electricity your panels make and your home uses on the spot, offsetting energy you'd otherwise buy at 9.8¢/kWh. Only the surplus flows past the meter to Enova Power for net-metering credit.

Completed Xolar rooftop solar array
Solar array
DC power from the roof
Solar inverter
Inverter
DC → AC for the home
Home battery storage unit
Home + battery
Used now, or stored
Bidirectional utility meter
Enova Power grid
Surplus & backup

Rebates & incentives in Waterloo

Every active local, provincial, federal and Xolar program a Waterloo homeowner can stack.

No municipality-specific rebate in Waterloo right now — the programs below all still apply.
Provincial
Ontario programs
  • Up to $7,500
    Home Renovation Savings Program (HRSP) – Heat Pump
  • Up to $5,000
    Home Renovation Savings Program (HRSP) – Solar
  • Up to $5,000
    Home Renovation Savings Program (HRSP) – Battery
Federal
Canada-wide programs
  • Up to 30% of eligible costs
    Clean Technology Investment Tax Credit (Commercial ITC)

Solar Panels in Waterloo, Ontario

Waterloo produces 1,155 kWh per kW annually – part of the Tri-Cities with Kitchener and Cambridge. Enova Power distributes electricity under Ontario’s Time-of-Use pricing.

Ontario’s net metering program credits excess solar at the full retail rate. HRSP ($10K for solar + battery) or net metering available – but not both.

Ontario HRSP - Up to $10,000 for Solar + Battery

Ontario’s Home Renovation Savings Program (HRSP), launched January 2025, offers:

  • Up to $5,000 for solar panels ($1,000/kW)
  • Battery storage at $300/kWh up to $5,000
  • HRSP maximums are per category rather than one shared pot: up to $10,000 for solar and storage, up to $12,000 for heat pumps, up to $7,700 for insulation

Important – HRSP vs. Net Metering: Solar installed under HRSP must be sized for on-site load displacement only – net metering is not permitted under HRSP. If you prefer net metering (earning 1:1 credits for excess solar), you would not apply through HRSP. Your Xolar advisor can help determine which option provides the best return.

Note: The Canada Greener Homes Grant and Loan programs are now closed.

Check all available rebates →

A 9 kW System Keeps You Inside Ontario's Simpler Connection Route

This page assumes a 9 kW system as typical for Waterloo, which matters for a reason that has nothing to do with production.

Ontario draws a line at 12 kW. At or under it, a residential project is micro-embedded generation and follows the shorter connection process. Above it, the standard embedded generation process applies, with more engineering review and a longer timeline. The Ontario Energy Board raised that ceiling from 10 kW on 1 May 2026, and it applies through Enova Power here exactly as it does through every distributor in the province — a provincial rule, not a local policy.

A 9 kW design sits comfortably inside that, with room to grow before the threshold becomes a question. For most Waterloo households that is the right place to be: lighter paperwork, shorter wait.

The change on 1 May 2026 is worth understanding if you are reading older advice. Under the previous 10 kW ceiling, an 11 kW design either went through the longer process or was deliberately derated — limited in output — so it would fit underneath. The OEB said explicitly that raising the ceiling removes the need to derate. Designs that were awkward in Waterloo last year are ordinary this year.

Where it becomes a live decision is a larger home with electric heat, a heat pump or two cars on chargers, where the consumption genuinely justifies 13 or 14 kW. That is allowed and often correct. The thing to avoid is drifting across the line unintentionally and discovering the timeline has moved. Ask your installer early whether the design lands over or under.

Showing Ontario — 264 installs · 534 nationwide

Completed Xolar installations — each dot represents a city where we've installed solar.

Areas We Serve in Waterloo

Professional solar panel installation available in these Waterloo neighborhoods and communities:

Uptown Waterloo
Beechwood
Lakeshore
University District
Laurelwood
Eastbridge

What Waterloo homeowners say

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Waterloo solar questions

Can I get solar in Waterloo?

Yes. 1,155 kWh/kW production – same as Kitchener and Cambridge.

HRSP ($10K for solar + battery) or net metering available.

Payback: 9-12 years.

What solar rebates are available in Waterloo?

Ontario’s HRSP provides up to $5,000 for solar + battery storage at $300/kWh up to $5,000 (heat pumps carry a separate $12,000 maximum).

Important: HRSP solar cannot use net metering – customers must choose one or the other.

The federal Greener Homes programs are now closed.

Who provides electricity in Waterloo?

Enova Power distributes electricity in Waterloo.

Ontario’s Time-of-Use rates: 9.8¢ off-peak, 15.7¢ mid-peak, 20.3¢ on-peak.

The Ontario Electricity Rebate provides a 23.5% discount.

How does net metering work in Waterloo?

Enova Power offers 1:1 net metering – excess solar earns credits at the full retail rate.

Credits roll over for 12 months.

As of May 1, 2026, the net metering system size threshold was raised to 12 kW for residential customers.

Note: Solar under HRSP cannot use net metering.

Why do Waterloo, Kitchener and Cambridge show the same numbers?

Because they genuinely have the same solar resource.

All three are modelled at 1,155 kWh per kW a year with a 9 kW typical system, about $2,050 in annual saving and a 9 to 12 year payback.

Three adjacent cities on the same stretch of southwestern Ontario should look alike, and they do.

What differs is the utility: Waterloo and Kitchener are served by Enova Power, Cambridge by GrandBridge Energy.

That affects whose forms your installer files and how quickly the meter arrives, not what the system is worth — Time-of-Use rates, the 12 kW connection threshold and the $10,000 provincial rebate are identical across all three.

How does Waterloo compare with the rest of Ontario for solar?

Mid-table, and comfortably viable.

At 1,155 kWh per kW a year Waterloo sits around fourteenth of the 35 Ontario cities on this site — level with Kitchener, Cambridge, Milton and Markham, behind the southwestern group where Chatham-Kent leads at 1,210, and ahead of Barrie at 1,130 and the northern cities at 1,050 or below.

The whole province spans about 17 per cent from top to bottom, so mid-table here is a long way from marginal.

Your roof orientation and shading will move your production more than the gap between Waterloo and the provincial leaders.

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Solar system packages

All include install, permits & 25-yr warranty

Most popular choice for average Canadian homes

GOOD

Growatt

10 kW system

$27,162
before rebates + applicable taxes

Best value option for medium energy consumers.

What's included
9.6kW Growatt inverter
20x 500w black Thornova solar panels
Professional installation
Panel count20 panels
Add optional upgrades
Essential Backup +$19,500
Protect critical loads during power outages
EV Charger +$2,497
Level 2 home charging station
Heat Pump +$14,997
Cold climate ducted air-source heat pump. Price does not include ductwork or air-handler.
BETTERRecommended

SolarEdge

10 kW system

$29,474
before rebates + applicable taxes

Best performance option for medium energy consumers.

What's included
9.6kW SolarEdge inverter
20x 500w black LONGi solar panels
20x 500w SolarEdge panel optimizers
MySolarEdge system monitoring app
Panel count20 panels
Add optional upgrades
Essential Backup +$19,500
Protect critical loads during power outages
EV Charger +$2,497
Level 2 home charging station
Heat Pump +$14,997
Cold climate ducted air-source heat pump. Price does not include ductwork or air-handler.
BEST

Tesla

10 kW system

$43,758
before rebates + applicable taxes

Elite solar + storage option for medium energy consumers that require blackout protection.

What's included
Tesla Powerwall 3 - (11.5 kW, 13.5 kWh)
20x 500w black LONGi solar panels
Tesla system monitoring app
Tesla certified installation
Panel count20 panels
Add optional upgrades
EV Charger +$2,497
Advanced features and faster charging
Heat Pump +$14,997
Cold climate ducted air-source heat pump. Price does not include ductwork or air-handler.
Powerwall Expansion +$13,997
Additional unit for extended whole-home backup power.

Solar installation across Ontario

We serve homeowners province-wide. View all Ontario service areas →