Consider the benefits of generating green energy from renewable sources such as the sun, wind, water or bioenergy, and selling it for a guaranteed price. You can be part of Ontario’s growing green energy movement, make money and contribute to a cleaner environment. If you are a homeowner, farmer or small business owner, you have the opportunity to develop a “micro” renewable electricity generation project (10 kilowatts or less in size) on your property. Under the microFIT Program, you will be paid a guaranteed price; on the roof $.802 / on the ground $.712 per kilowatt hour; for the electricity your project produces for 20 years.

SOLAR ROI (Return on Investment) Sample Calculations
Installed $33,238 residential 5.39 kW (5390W) rated 22 panel microFIT PV system based on an annual average of 3.85 peak sun hours per day. 5.39 kW x 3.85 peak sun hours/day = 20.75 kWh/day x 80.2 cents/kWh = $16.64 /day x365/12 = $506.08 average per month income or $6,073.00 annual revenue. ROI and Payback: $33,238 investment / $6,073.00 = 5.47 years; Payback $6,073.00 / $33,238 = 0.183 or 18.3% ROI; Installed system cost: $6.16 per watt	Installed $65,853 residential 10.78 kW (10,780W) rated 44 panel microFIT PV system based on an annual average of 3.85 peak sun hours per day. Max 10.0 kW x 3.85 average peak sun hours/day = 38.5 kWh/day x 80.2 cents/kWh = $30.88 /day x365/12 = $939.27 average per month income = $11,271.24 annual revenue. ROI and Payback: $65,853 investment/ $11,271.24 = 5.84 years Payback; $11,271.24 / $67,300 = 0.167 or 16.7% ROI. Installed system cost: $6.10 per watt
Customer should evaluate this information. These are estimates only based on microFIT parameters. Actual performance depends on solar panel exposure to sun (effected by clouds, rain, snow, etc.). Plus Hydro connection costs.