How to Read a Solar Quote: What Alberta Homeowners Should Know
Key Takeaways:
A solar quote outlines the cost, size, performance, and payback of your system
Always look for the system size (kW), estimated savings, and warranty details
Understand the difference between equipment quality and price per watt
Compare quotes based on value, not just price
LUMI Renewables provides transparent, customized quotes with no surprises
Introduction
Getting a solar quote is one of the first steps in your journey to go solar. But if you have never seen one before, it can feel overwhelming.
How do you know what is included? Are you getting good value? What should you actually look for?
At LUMI Renewables, we believe in keeping things simple and transparent. In this blog, we break down the key elements of a solar quote so you can make an informed decision for your home.
1. System Size (kW)
Your quote should clearly state the system size in kilowatts (kW). This tells you how much electricity your system is expected to produce.
A typical Alberta home uses 7,000 to 9,000 kWh annually
A 7 to 10 kW system is common for offsetting most of that usage
The quote should explain how much of your current energy use the system will cover
Make sure the quote aligns with your actual energy bills.
2. Number of Panels and Panel Type
Look for:
Number of solar panels
Brand and model of the panels
Wattage per panel (e.g. 400W each)
Panel efficiency rating (higher is better)
Expected lifetime production
Higher-efficiency panels might cost more upfront but save you more in the long run.
3. Inverter Details
The inverter is the component that converts your solar power into usable electricity. Your quote should include:
Type of inverter (string inverter vs. microinverters)
Brand and model
Warranty period
Whether monitoring is included in the setup
Inverter choice affects both performance and monitoring options.
4. Total Cost and Price Per Watt
Every quote should include a clear breakdown of:
Total system cost (before and after incentives or financing)
Cost per watt — this helps you compare value across different quotes
Optional extras like battery storage, EV chargers, or panel optimizers
Cheapest is not always best. Focus on quality, warranty, and service along with price.
5. Estimated Annual Savings and Payback Period
Your quote should estimate:
How much you will save on electricity bills annually
The expected return on investment (ROI)
A projected payback period (typically 7 to 12 years)
Look for realistic numbers based on Alberta’s solar production and current utility rates.
6. Incentives and Financing
A good quote will explain available programs, including:
The Canada Greener Homes Loan (up to $40,000 interest-free)
Any municipal rebates or tax incentives
Financing options with monthly payments
You should clearly see how these reduce your upfront costs.
7. Warranties and Maintenance
Make sure your quote covers:
Panel warranty (typically 25 years)
Inverter warranty (usually 10 to 15 years)
Installation warranty or workmanship guarantee
What is included in maintenance or support
Good solar companies stand by their work long after the install is done.
8. Project Timeline and Next Steps
Finally, your quote should outline:
Estimated installation timeline
Any permits or inspections needed
Deposit required and payment schedule
What happens after approval
This gives you a clear picture of what to expect and when.
How LUMI Renewables Makes It Easy
At LUMI Renewables, we believe in no-pressure, fully transparent quoting. Our solar quotes include:
A custom system design based on your home and energy usage
A full financial summary, including available incentives
A breakdown of equipment, warranties, and expected savings
Clear next steps so you know exactly what to expect
Final Thoughts
A solar quote is more than just a price. It is a roadmap to long-term savings, energy independence, and environmental impact. Knowing how to read one helps you make the best choice for your home.
📞 Want a personalized, easy-to-understand quote?
Book your free consultation with LUMI Renewables today. Let’s design a system that fits your home and your goals.
