Residential Solar & MicroFIT
Ontario currently offers a great incentive to install solar on residential roofs through the Green Energy Act and Feed-in Tariff. All energy that a solar PV system produces will be purchased for 20 years for a guaranteed tariff by the Ontario Power Authority (OPA).
Investing in solar PV can provide Ontario residents a return of 11%-14% on their investment. We have created an easy to understand financial example of how you can profit from going solar.
If you have a roof and would like to support solar PV and benefit from the initiative without your own investment, be sure to check out our Free Solar section.
Aside from the great financial benefit, installing solar on your roof is also an investment into a green Ontario. Each system installed will produce energy virtually emission free.
An average residential system (5 kWp) produces 6,000 kWh per year. If manufacturing, transportation, construction, installation and decommissioning of a solar PV system are included, it produces 423 pounds of CO2 per year. To compare, the same amount of energy produced by a coal plant would create over 13,800 pounds of CO2 per year.
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