3 kW MicroFIT Solar Power System
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Shane has a downtown bungalow and wants to earn a regular monthly income without a tenant in the basement.
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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.
| 18 x 175 W panels: |
258 ft2 total area |
| Avg. output1 3623 kWh/year × 80.2¢ per kWh2 |
$2,645 per year |
| Total MicroFIT income (20-year contract): |
$52,909 |
| Total installed cost3: |
$26,000 |
| Net profit: |
$26,909 |
| Lifetime CO2 reduction4: |
>14000 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 prices are constantly changing. Contact us for an up-to-date estimate.
4 Based on RETScreen estimated average greenhouse gas emission offset for power generated in Canada (.196 kg CO2 per kWh).
