MicroFIT Solar Panel Home Installation

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Over the summer and early fall we wrote about our own experiences with the Ontario MicroFIT program which provides a 20 year contract at a fixed price rate to purchase all of the electricity a household or farm can produce. In our case we were considering installing solar panels on the south-ish facing and the west-south facing roof of our home. We haven't yet proceeded. As of the time this article was written, we had not yet received our conditional contract from the Ontario Power … [Read more...]

microFIT vs RRSP – Is There Not One Definitive Answer?

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No. Well, you asked. :) The past few articles in this microFIT vs RRSP series compared the financial results of investing the cost of our microFIT quote in a microFIT roof mount solar PV installation vs simply investing that money in an RRSP. Andrew from Solsmart was very helpful in validating my earlier analysis and offering other perspectives. And no, we have not signed a contract with anyone. From the previous articles, here are the relevant summarized financial information at the … [Read more...]

microFIT VS RRSP

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I'll be direct. The point of this three part article is to simply make you consider alternative uses of money you might otherwise commit to a solar panel PV installation under the Ontario microFIT program. I am not for or against the microFIT program. As someone who is pro-energy conservation, I am glad there is some financial assistance for renewable energy generation. I am first and foremost for my family's own financial well being, as you should be for yours. As I haven't yet seen a … [Read more...]

Ontario microFIT Conditional Contracts Released En Masse?

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It has been about 6 weeks since I submitted my microFIT application on-line back towards the end of July. I have not received my conditional contract yet. The clock for the 40% Ontario content until 12-31-2010, rising to 60% Ontario content 01-01-2011 is ticking. And, I am not going to commit money to any installer until I have a conditional contract in hand. So, being the curious fellow that I can be at times, this past Friday (two days ago) I called up the OPA's microFIT Program … [Read more...]

Financial Discussion of microFIT Solar PV Assessment

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In this continuing series of our own experiences with the Ontario micro-FIT solar PV program, I provided the details of the quote we received following the on-site solar assessment from Sun Volts Unlimited; please do access that article for the details of the quote. Today, following some time to reflect and analyze the details and in receipt of some additional information from Sun Volts, I thought it would be interesting to focus on the financial impact. Yes, the altruistic objectives of … [Read more...]

microFIT Application Processing Wait Time

With the decision yesterday by the Ontario Power Authority (OPA) regarding ground-mounted solar PV projects (64.2 cents per kilowatt-hour (kWh)), I have to applaud the OPA for not making this change in the pricing retroactive. In an email received from the OPA, which likely was received to all those registered under the microFIT program, it states: "The Ontario Power Authority has announced that it has finalized the price for the new microFIT ground-mounted solar PV category at 64.2 cents … [Read more...]

Applying For A microFIT Solar Contract

To date in our continuing series on our possible participation in the Ontario Power Authority's microFIT renewable energy program we have written about receiving the OurPower on-line solar site assessment, the visit from one solar installation vendor and last time the details of his written solar site assessment for our home. Here's the thing; we do not have a contract or agreement with any solar power installation vendor. Yet, a few days ago I went ahead and submitted the microFIT … [Read more...]

Details of a microFIT Solar On Site Assessment

The prior article in this series on our experiences with Ontario's microFIT initiative, we wrote about our experience with one installation vendor's on site solar assessment visit to our home. The purpose of this on site solar assessment was to provide us with the following data to help us determine if from a financial perspective investing in a roof top solar panel installation on our south facing roof would be economically / financially viable: what size of solar roof top installation … [Read more...]

Electricity Rates Rising 16% – Electricity Savings Idea Needed

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Last night I heard on several news channels that electricity costs are jumping because electric rates charged by local utilities are going up a staggering 16 per cent in the next month or two. I read it again in this Toronto Star article. It must be real. So upon hearing this news I did two things. First, I submitted my microFIT solar roof top generation project application to the Ontario Power Authority. If you can't be 'em, join 'em. I have written a couple of articles so far (simply … [Read more...]

microFIT On Site Roof Top Solar Assessment

South Facing Roof Around Mid-Morning

In our new series on determining if the Ontario Power Authority's (OPA) microFIT was financial viable within our personal risk tolerance for our house's roof, we detailed the OurPower online solar site assessment. This solar site assessment indicated we could anticipate, under normal amount of sun light for the Greater Toronto Area, about a 9 year financial payback (i.e, about 9 years for us to receive sufficient revenue under the microFIT program to pay for the entire estimated solar … [Read more...]

Home Solar Panel Electricity and MicroFIT

Earlier this week I wrote an article on Smart Meters and how old electromechanical electric meter was swapped out by our local utility for a new smart meter. A long time visitor to DailyHomeRenoTips.com, Vasile, left a couple of comments and then exchanged some emails with me 'off line' about my concerns on investing in solar panels to generate electricity. My personal subjective view is that yes, if every house has them we would be in much better shape environmentally. I think that's kind … [Read more...]

Reno Projects

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We write about our many home renovation and energy conservation efforts as well as new products or services we try. In many cases our efforts results in five or more articles which constitute a project, with one article leading to the next. Find the project(s) of interest below and select the link to its first article. We continually add more projects as we work on them in our home. Energy Conservation: And, remember to amble over to SavingsGrid.com, with hundreds of money saving … [Read more...]

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