microFIT VS RRSP

Euro and dollar symbol

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...]

Financial Discussion of microFIT Solar PV Assessment

Euro and dollar symbol

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...]

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 Power Installation – Online Estimate

Our Power Solar Site Potential

Last week we began a new home renovation product. I am referring to our new home solar panel project which for us would be under the Ontario microFIT program. If there is going to be significant enough impact to reduce the need for coal and uranium and even natural gas power plants, mass saturation of the residential market needs to occur for solar and wind energy. Remember, I do not pretend to understand these things. I have no electrical training at all. So, I think I'm like the … [Read more...]

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