Solacity Inc. Ontario MicroFIT Program Information Brochure - PowerPoint PPT Presentation

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Solacity Inc. Ontario MicroFIT Program Information Brochure

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Solacity Inc. Ontario MicroFIT Program Information Brochure. Solacity Inc. An Ottawa Solar Power company that provides engineering, procurement and installation services for the Ontario MicroFIT program, Ontario FIT program and off-grid solar power energy systems for homes, cottages, commercial, industrial and institutional buildings in Ottawa and surrounding area. – PowerPoint PPT presentation

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Title: Solacity Inc. Ontario MicroFIT Program Information Brochure


1
  • Phone (613) 686-4618 Fax (613) 686-4622
  • www.solacity.comInfo_at_solacity.com
  • Our customers are treated how we expect to be
    treated
  • MicroFIT - Turn Sunlight Into Money
  • Generate Green Income With Your Rooftop
  • The Ontario Power Authority (OPA) pays 54.9 cents
    for every kilo-Watt-hour (kWh) of energy made
    from sun-light that you sell to the Ontario grid,
    with a 20-year fixed-price guaranteed contract.
    That means you can generate steady income from
    sunlight!
  • A MicroFIT system (FIT stands for
    feed-in-tariff) is a solar photovol-taic system
    of 10 kW or less. It can be installed on the
    rooftop, or it can be mounted on the ground (the
    latter pays 44.5 cents per kWh). All the
    electric-ity that is generated is sold back to
    the electrical grid. The resulting revenue pays
    for the system in 8 10 years, the remainder of
    the 20-year contract is profit.
  • When the 20 years are up, the solar panels will
    still work just fine, and can
  • then be used to offset your own elec-tricity use
    through net-metering. Qual-ity modules have a
    25-year warranty and a life-span of 30 years or
    more.
  • So How Much Money Can I Make?
  • Solacity charges 39,700 to install a 10 kW
    turn-key system, all expenses are included except
    for HST (which is refundable). That means you
    walk away with a profit of 85,500 at the end of
    the contract!
  • Using these numbers, the simple payback is 6.3
    years, while the Return-
  • In the Ottawa area, for solar modules facing
    south at the proper angle, a 10 kW solar system
    will produce around 11,400 kWh per year. This is
    a conservative estimate, taking real-world
    efficiencies into account.
  • On-Investment is 10.8 an-nually. These are
    realistic, conservative numbers.
  • up to
  • 10.8
  • ROI
  • What About the CRA?
  • The CRA views Mi-croFIT as a small business
  • that is selling electricity, and MicroFIT income
    is taxable. All related expenses are deductible
    and you get your HST back though! The entire
    installation cost, insurance, financing (if
    applica-ble), maintenance, and hydro fees are
    deductible. Your MPAC assessment should not
    change.
  • Using 11,400 kWh per year and the payment of 54.9
    cents per kWh for rooftop solar PV, this 10 kW
    sys-tem will generate 6,260 of income per year.
    This makes a total income of 125,200 over the
    entire 20-year con-tract term.
  • www.Solacity.com
  • Call toll-free (877) PV-PWR-4-U for your Solar
    Site Survey

2
  • The Solacity Difference
  • With so many offering PV installation services it
    is important to compare apples to apples.
    Solacity is all about quality, and while we are
    not the cheapest we strive to be the best! Here
    is why our work is a step above the rest
  • We help you beginning-to-end We help fill out
    all the paperwork with the OPA, we take care of
    permits and engineering, so you have peace of
    mind.
  • Our prices include everything, except HST (which
    is refundable) The ex-pensive meter fee,
    building permit, and engineering fees. Be sure to
    ask other installers for hidden expenses.
  • We use top-quality racking made out of aluminum
    and stainless steel. It will look the same in 20
    years as it does today.
  • We use flashing to seal all roof penetrations. We
    prefer the extra peace of mind of a leak-free
    roof. The industry standard is for installers
    to use just a little caulking, without any
    flashing.
  • Only well-known, top-quality brands who stand
    behind their warranties are used in our
    installations. All solar module makers offer
    25-year warranties, ours will still be around if
    you ever need them.
  • Solacity is honest about energy production,
    revenue, payback time, and Return-On-Investment.
    Unfortunately many installers greatly exaggerate
    these numbers. Keep in mind that ROI becomes
    meaningless once financ-ing gets involved. Ask
    yourself, what else are they not telling you?
  • Our installations are Ontario domestic content
    compliant, and we will be happy to provide
    written proof. Always ask your installer for
    this.
  • Solacity offers in-house financing through TD
    Bank and TD Financial Both secured and unsecured
    loans are available. Great rates!
  • Links More Information
  • There are several good Web links that provide
    more information about MicroFIT, including our
    own
  • The Solacity Inc. web site
  • http//www.Solacity.com/PVInstall. htm
  • The official OPA web site
  • http//microfit.powerauthority.on.ca/
  • Green Power Talk forum
  • www.greenpowertalk.org/showthread. php?t10455
  • Switch Ontario, much info http//switchkingston.c
    a/wiki/doku. php?idmicrofitcalculator
  • Solar potential in the Ottawa area
    http//pv.nrcan.gc.ca/index. php?n1408mulang
    e
  • Our Prices, Payback Time, and ROI
  • You can find Solacitys prices up-front and
    clear-ly stated on our Web site. Everything is
    included ex-cept HST, there are no hidden costs.
    Here are some sample (installed) numbers
  • Around 75 sq. ft. of roof space is required for
    every kW of solar panels.
  • The graph on the right shows the installed price
    per Watt, payback time, and return-on-investment
    for all our MicroFIT rooftop solar array sizes.
  • www.Solacity.com
  • Call toll-free (877) PV-PWR-4-U for your Solar
    Site Survey
  • Rev. 8
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