Renewable Energy

Investing in renewable energy sources such as solar, wind, landfill gas, biomass, geothermal are all viable solutions to be investigated. Ontario OPA has introduced a program (FIT-Feed in tariff) for Industry that provides a 20 year contract that pays up to 0.81 per kw of energy produced making solar and wind generation a excellent business opportunity to become a exporter of power and have a major impact to you energy bottom line.

Solar Power for Industry

Solar and wind installations require a fairly large capital investment and the return on investment can take many years. Recently, the Ontario government put forward a formidable plan to put alternative energy at the forefront of the green power industry worldwide.

Industry in Ontario is able to take advantage of the Feed-in Tariff (FIT) program offered by the Ontario Power Authority (OPA). This is perhaps the most generous program in North America for green energy, where private business can earn money for the energy produced. Although the program covers solar, wind, biogas and water projects, the most attractive incentives are for solar photo-voltaic (PV) projects.

Is Solar justified with Ontario’s climate?

Southern Ontario has an annualized average of 4.3 hours of sunlight per day, only one hour less per day than sunny Florida. The following analysis will help demonstrate how a system in southern Ontario’s climate can be economically viable.

Supplimental Information

• Ministry of Energy - Green Energy Act http://www.mei.gov.on.ca/en/energy/gea
• Ontario Sustainability Energy Association http://www.ontario-sea.org/
• Ontario Power Authority http://fit.powerauthority.on.ca/
• Canadian Solar Industries Associations: http://www.cansia.ca/
• The Gospel of Green as seen on CBC’s Fifth Estate: http://www.cbc.ca/fifth/2008-2009/the_gospel_of_green/video.html