Here are some scenarios illustrating what you could expect in terms of costs, energy output and profits for 3kW, 5kW and 10kW MicroFIT-eligible Solar Power Systems.
 |
Shane has a downtown bungalow and wants to earn a regular monthly income without a tenant in the basement.
|
Partial shading called for a micro-inverter system to maximize output and revenue. Micro-inverters monitor output from each panel separately, so the Solar Power System continues to produce electricity even when not all the panels are producing power.
read more »
|
Ruth has a cottage with a garage and wants to offset the cost of maintaining a year-round cottage.
|
The Solar Power System installation took advantage of the south-facing sloped roof of the two-car garage.
read more »
|
Eric has a small suburban factory and wants to turn an unused roof into a secure, green investment.
|
The installation includes includes south-facing ballasted mounts pitched 25° and spaced to avoid shading. Ballasted mounts use heavy materials, such as concrete, to hold panels on the roof, so penetration into the roof structure is not required.
read more »
MicroFIT Solar
Power Systems |
3 kW System |
5 kW System
|
10 kW System
|
| System Configuration |
12 x 250 W panels |
20 x 250 W panels |
46 x 250 W panels |
| System Size |
220 ft2 total area |
365 ft2 total area |
2400 ft2 total area (after spacing) |
| Rated Output |
3000 kW (DC) |
5000 kW (DC) |
11500 kW (DC) |
| Est. Avg. Annual Output1 |
3411 kWh/year |
5684 kWh/year |
13073 kWh/year |
Est. Avg. Annual Income
(@80.2¢ per kWh)2 |
$2,735 per year |
$4,558 per year |
$10,485 per year |
Total MicroFIT income
(20 -year contract) |
$53,509 |
$89,775 |
$208,449 |
| Total installed cost3 |
$18,500 |
$27,900 |
$58,000 |
| Net profit |
$35,009 |
$62,072 |
$150,499 |
| Lifetime CO2 reduction4 |
>12,000 kg |
>20,000 kg |
>58,000 kg |
1 Estimated average output for Toronto, ON, as calculated by Natural Resources Canada RETScreen. Output estimates are averaged over the 20 years of the MicroFIT contract.
2 80.2¢ per kWh is paid by the Ontario Power Authority via the MicroFIT Feed-In-Tariff program.
3 Estimated total installed cost, exclusive of taxes at time of publication. In this highly competitive market prices are constantly changing. Contact us for the most up-to-date estimate.
4 Based on RETScreen estimated average greenhouse gas emission offset for power generated in Canada (.196 kg CO2 per kWh)
