Solar Panel Photovoltaic (PV)

A solar Photovoltaic (PV) System converts the Sunlight into electricity in the form of Direct Current (DC). Through a special inverter such Direct Current (DC) will be changed to Alternate Current (AC). This clectricity is used in most household appliances, and light sources such as lamps and light bulbs.

The generated electricity can be used:

  1. Off grid for household use with storage batteries
  2. On grid for sales to the local electric company at high subsidized prices (depending on the local energy policies)
How solar works


Recent Solar PV projects


Government Incentives
About microFIT

Consider the benefits of generating clean energy from renewable sources such as the sun, wind, water or bioenergy and selling it for a guaranteed price with a fair return on your investment with a government contract for 20 years. Join thousands of Ontarians who are already part of the microFIT Program and contributing to a cleaner environment.

The microFIT Program was launched in 2009 as part of the Ontario government’s efforts to increase renewable energy in the province. The program provides homeowners and other eligible participants with the opportunity to develop a small or “micro” renewable electricity generation project (10 kilowatts (kW) or less in size) on their property.

Under this program, you will be paid a guaranteed price over a 20-year term for all the electricity you produce and deliver to the province’s electricity grid.

Get paid for the power you produce, with prices that:

  • are designed to cover the costs of a typical project
  • allow you to earn a reasonable rate of return on your investment over the term of the contract.

Contribute to a healthier environment by:

  • generating electricity from renewable sources – solar photovoltaic (PV), wind, water and bioenergy
  • being part of the largest climate change initiative in North America.

The microFIT Program is a streamlined program for small renewable energy projects under the umbrella of the
Feed-in Tariff (FIT) Program. The FIT Program is designed for projects generating over 10 kW of electricity.

About FIT

Ontario’s feed-in tariff or FIT Program is North America’s first comprehensive guaranteed pricing structure for renewable electricity production. It offers stable prices under long-term contracts for energy generated from renewable sources, including:

  • biomass
  • biogas
  • landfill gas
  • on-shore wind
  • solar photovoltaic (PV)
  • waterpower.

The FIT Program was enabled by the Green Energy and Green Economy Act, 2009 which was passed into law on May 14, 2009. The Ontario Power Authority is responsible for implementing the program.

By encouraging the development of renewable energy in Ontario, the FIT Program will:help Ontario phase out coal-fired electricity generation by 2014 – the largest climate change initiative in Canada boost economic activity and the development of renewable energy technologies create new green industries and jobs.


Feed in Tariff Program
This program pays solar energy producers per kilowatt hour for grid tied solar power over a contract life of 20 years.

Feed in Tariff (FIT) Program
This program pays solar energy producers producing over 10 KiloWatts

MicroFIT Program
This program pays solar energy producers producing under 10 KiloWatts

FIT Program rate

Fuel

Project Size Tranche

New FIT Price ( Cent / KWH)

Solar Roof top

≤ 10 kW

54.9

> 10 ≤ 100 kW

54.8

> 100 ≤ 500 kW

53.9

> 500

48.7

Solar Groundmount

≤ 10 kW

44.5

> 10 ≤ 500 kW

38.8

> 500 ≤ 5 MW

35.0

5 MW

34.7

Wind

All Sizes

11.5


For more information about FIT Program please click on the below link:
http://fit.powerauthority.on.ca/



Financing