Invest in your portfolio — and in the planet!
The cost of PV systems has been declining over the last decades.
The current price that Ontario utilities will pay for power generated by rooftop MicroFIT projects is 39.6 cents per kWh. The contract pricing is guaranteed for 20 years from date of installation.
Given the above, you can expect a return on investment (ROI) of at least 11%, which is the Ontario Government’s intention under the FIT program.
Boss Solar has been designing and installing PV and hot water solar panel systems since 1990. In the early days, almost all the PV systems we installed were either battery systems for cottage use without hydro or were net metered, as there were no incentive plans from the utilities.
The use of PV and hot water solar panels is integral to the “Net Zero” challenge, the design and construction of heating and electrical systems that create as much energy over a year as a family would consume. As well as the PV solar panels, we integrate heat pumps, floor heating with solar water heating storage and the proper use of off-peak electric consumption. This allows us to reduce or eliminate the burning of nonrenewable resources.
The PV and PVT solar panel systems we design are MicroFIT (less than 10kw installed) or FIT (greater than 10kw) applicable. We do all the paperwork, from filling out the applications to getting the electrical permits. In Toronto, applications are now made to Toronto Hydro first (at a cost of $500+HST).