Carbon Credit Calculator

Want to estimate how much your system can make? Enter your system size* into the carbon credit calculator below to see your potential return. (For systems over 1 MW, please contact us.)

*System size is the energy generation capacity of the installed solar panels or small wind power systems. 

Your potential return over 10 years, after any fees:

Please enter a system size.

Want to know more?

The estimates are based on your system size, average Alberta solar insolation, the current and expected price of carbon, and an estimated sales value for the Offset Credits. This is not a quote.  For more information on how carbon is priced, click here, and how we calculate your return, click here.

5 Levels of Carbon Credit Returns

The bigger your system, the more you keep. Contact us if your system is 1MW or larger.


5 - 7.99





8 - 14.99





15 - 29.99





30 - 99.99





100 - 999.99




Online Carbon Credit Calculator

Frequently Asked Questions

What are carbon credits?

Carbon credits (also known as carbon allowances or offset credits) are tradable permits or certificates, allowing the holder to emit one ton of carbon dioxide (or an equivalent of another greenhouse gas). In exchange for this credit, their emissions are negated by another party who offsets the emissions released – for example, through renewable energy generation or tree planting.

The system works as a market mechanism for the minimization of greenhouse gas emissions. Companies can purchase carbon credits from vendors who wish to reduce their carbon footprint on a voluntary basis.

However, the carbon credits calculation formula needs precise emissions data to be viable. Otherwise, the one ton of CO2 for one carbon credit becomes meaningless.

The government requires the rigorous collection of this data to ensure the greenhouse gas emission reductions are real. 

How to calculate carbon credits

You'll find our carbon credit calculator above. It uses a simple underlying formula to translate CO2 emitted (CO2e), or another equivalent greenhouse gas, into a monetary figure.

Calculating a carbon credit is simple. You first calculate the emissions saved by a particular system. For example, generating 5 kW of power through renewable energy will offset a certain amount of CO2e. Because a carbon credit is worth one ton of CO2e – you simply calculate how many tons of CO2 your system prevents going into the atmosphere. 

Calculating the monetary worth of that carbon credit is slightly more challenging. 

What is a carbon credit worth?

It's not as simple as saying one carbon credit is worth X amount. Because carbon credits are a market-based system, the price of a single carbon credit – and thereby the cost of a ton of emitted CO2 – fluctuates over time. 

In 2021, COSIA-eligible carbon (CEC) credit prices increased by 944%, topping $8 a credit. According to the IMF, the price will be $170 by 2030 and reach $40 in 2022. 

To complicate matters, the Federal government also sets the maximum value of carbon, raising it by $15 per year. However, the true price will be governed by market supply and demand. 

It's why we don't offer a specific value for the credit you earn but rather a % of the sales price.


Nevertheless, with the government raising the price of carbon, we can expect a significant increase in the value of carbon credits. 


Our wind and solar power offset calculator uses estimates based on the current and expected price of carbon to calculate your potential return over ten years. Our carbon credit calculator isn't exact – but it's an excellent tool for estimating the future. 

What is the expected future price of carbon?

In Canada, the carbon system can get pretty complex. There are 14 different carbon pricing mechanisms in Canada – with the federal and provincial governments doing things differently.

Federally, the carbon tax will increase to $50 in 2022, rising to $15 per year until it reaches $170 per tonne in 2030. The federal fuel charge applies in Alberta, Manitoba, Ontario, and Saskatchewan and partially in Nunavut and the Yukon Territory. 

How does the emission system work in Alberta?

Alberta's credit system is the Alberta Technology Innovation and Emissions Reduction (TIER) Regulation. It specifically applies to facilities emitting more than 100,000 tonnes of CO2e a year. Under Alberta law, such companies are required to reduce their emissions by 10% compared to a 2013-2015 baseline. 

If these facilities reduce their emissions beyond the benchmark, they earn performance credits (like carbon credits). Alternatively, they can purchase carbon credits to offset their emissions to meet their benchmark. 

It's a clever system for helping companies that initially struggle to reduce their emissions. And it explains where the money comes from when you get paid. 

Is the estimate reliable?

Yes – our estimates from the online carbon credit calculator is reliable.


Knowing how to calculate carbon credit for solar and wind power isn't an exact art – as you can see. However, with businesses obliged to reduce their carbon emissions, demand for carbon credits remains strong. With the federal government providing a ceiling price, it means our wind and solar power offset calculator delivers precise estimates of potential revenue.