Frequently Asked Questions: click on a link below to find more information about the topic.
What is MicroFIT? Basically, the local utility enters an agreement with you for the next 20 years to by all the electricity you produce at a fixed rate. This is NOT net-metering.
A feed-in-tariff (or FIT) is a straightforward way to contract for renewable energy generation. It provides standardized program rules, prices and contracts. Feed-in tariffs refer to the specific prices paid to renewable energy suppliers for the electricity produced by the generating facility. The pricing structure provides a reasonable return on investment and is differentiated by project size and technology type. Ontario’s FIT Program, which launched on October 1, 2009, is the first of its kind in North America. While it incorporates lessons learned in several European countries and other jurisdictions, it has been specifically tailored to meet the unique needs of Ontario’s electricity system and situation.The difference between MicroFIT and net-metering is that net-metering doesn’t pay you at a subsidized rate on all of the power you produce: it only charges you for what you use over what you produce.
Do I need another meter on my house for MicroFIT? In short, yes. One meter measures what you consume, and the other one measures what you produce. The consumption meter generates your normal electricity bill based on time of day and market pricing; the production meter generates revenue at whatever the contract rate is at the time you sign up.
How much power can I generate on my roof? For a MicroFIT program in Ontario, you can generate up to 10kW of solar panels on your roof, based on nameplate ratings. This takes up approximately 800 square feet of roof.
What will it cost to put a system on the roof?” That depends on many factors – request a quote here. Realize though that you could earn in excess of $80,000 over the next 20 years above what it costs you to purchase and maintain the system.
What if I need to repair my roof after the panels are on it? Generally speaking, you should ensure that your roof is in good repair before you put the panels up; however, in case of need, some, or all of the panels can be removed from the roof temporarily to facilitate repairs. Most roofs have less wear and tear because the panels are protecting that section.
What kind of warranties are available? Different components have differing warranties is the simple answer – request a quote here. Inverters and panels and racking systems all have warranties that vary from manufacturer to manufacturer – the better ones have 3rd party warranties.
What does it cost to get an estimate for a system at my home? Usually nothing – request a quote here.
What does it cost to apply for a MicroFIT contract? The initial cost is nothing, though you do need to have access to a computer and the internet. As you proceed through the application process, there are few minor fees from places like the Land Registry Office and possibly your Municipality. Once you have received a conditional acceptance to the MicroFIT program, your local utility will charge you some fees that can be up $500-600 combined.
Average Wattage Requirements Guide Go to this page to view some typical values of household and farm items – use it to figure out how much power you need to run your important stuff … Average Wattage Requirements Guide