
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. |
Costs 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. |
|