BUSINESS SOLAR POWER - Incentives
Workplaces, churches and condominiums can produce energy by utilizing their roof tops, parking areas and land. A Grid-Tie Project can offset high peak electric cost and make an excellent investment for
many businesses in Ontario.
|Additional Income Opportunity
Installing photovoltaic panels at your company property can qualify your project for registration with the ©Ontario Power Authority Feed In Tariff (FIT**).
Get paid for the energy generated for up to 20 years.
The average business solar power PV project is 25 kW.
Approximately 4.5 kW of power = 1kW Solar PV Panel x 4.1 hours of ideal sun conditions.
** To qualify, your project needs to generate over 10kW and less then 10MW.
Financing is available at preferred rates for comapnies
investing in alternative energy technology.
Costs will vary per project depending on project size,
panel selection and installation requirements.
A 10 kW project will use about 1000 square feet of roof space and will cost $80,000 approximately.