(905) 264-5660
Ext. 134 for Sales
Ext. 251 for Operations


FAQs

  • Step 1: Making the right decision in choosing AVACOS Solar
  • Step 2: Your home or business is assessed to determine the right installation for you
  • Step 3: Government of Ontario requires an application to register you as a FIT recipient
  • Step 4: Apply to have a Net Meter installed by your local electricity distribution company
  • Step 5: Installing the system
  • Step 6: Watch the meter go backwards. Sell back to the grid.

Protect Yourself From Escalating Energy Costs Electricity gets more expensive every year. Over the last 35 years, the average annual rate increase has been approximately 6.5% (high energy users have seen substantially greater increases).

Support Clean Energy - Environmental Benefits The average solar PV residential system (based on 5kW), would save nearly 175 tons of carbon dioxide over its 30 year lifespan - equivalent to removing 32 cars from the road. It takes approximately 4,487 new trees to absorb that much CO2 produced by fossil fuels.

Add Value to Your Home The value of a solar system is added to the appraised value of your property and does not increase your property taxes. Solar is one of the few home improvements that can be justified in terms of return on invested dollar.

Unlimited Power Provided by the Sun Do your part to help the energy crisis. Solar is a true renewable and sustainable source of energy. Reduce the dependency on fossil fuels and produce your own electricity, while reducing your carbon footprint.

Photovoltaic (PV) Systems use the sun’s energy to make electricity. PVs produce direct current electricity by collecting electrons freed by the interaction between sunlight and the semi-conductor materials in a PV cell. Photovoltaic Electricity is a process whereby sunlight is converted directly into electricity.

The typical size for a residential PV System is 2-4 kW.

A typical 2kW system would require approximately 10 to 12 panels representing an average of 250 square feet.

Incentives & Financing
Ontario has many incentives for Renewable Energy Feed-in Tariff Programs. Currently there are two such programs that allow you to sell electricity generated back onto the grid, the Ontario Power Authorities Renewable Energy Feed-in-Tariff Program (FiT) and Net Metering.

Ontario Renewable Energy Incentive Programs
Renewable Energy Feed-in-Tariff (FiT)
Standard Offer Contract (RESOP)
Net Metering

Ontario Tax Rebates
Class 43.1 & 43.2 Accelerated Capital Cost Appreciation
PST Rebate for Solar and Wind Systems

Ontario Financing Options
Green Loans
Peel & York Region Power House Zero-Interest Loans
City of Toronto Zero-Interest Loans
Leasing Options
Toronto Solar Neighbourhoods Incentive
Northern Ontario Heritage Fund Corporation

The total installed cost of a PV system will depend upon the size of the system and how it is mounted. It is not therefore possible to give precise figures without a more detailed analysis of the property in question.

System cost depends on size, materials and labor. Most PV Solar systems pay for themselves within 7 to 9 years. Every PV system is sized to the unique annual energy needs of each customer and how much they want to produce, use or sell back to the grid.

An average PV system currently costs from $10-12 a watt or $20,000-$24,000 for a 2kW system, including installation.

Size Estimated Annual kW Generated Estimated Annual Revenue Total System Cost Payback Period Total System Revenue
1.9 kW 3,085.7 $2,474.80 $19,722.00 7.97 $49,496.07
2.5 kW 4,047.7 $3,246.30 $25,900.00 7.97 $64,925.91
3.4 kW 5,506.2 $4,415.97 $35,157.60 7.96 $88,319.45
4.9 kW 7,953.4 $6,378.63 $50,684.40 7.95 $127,572.54

Finally, there is the ability to sell power back to the grid at a price higher than the net-metering rate. Install a Net Meter capable of calculating the energy you create, not just what you consume.

More and more homeowners are realizing the benefits of generating their own electricity while tied into a Feed In Tariff (FIT) program where the Ontario Power Authority will pay 80.2 cents per kilowatt hour produced over a fixed 20 year contract.

That’s right! Your investment will position you as a power provider and as a supplier of clean energy under contract with the Government of Ontario. Once the application is approved you will enter into a power purchase agreement with the Ontario Power Authority where they will commit to purchase the power produced by your solar PV installation for a term of 20 years.

Size Estimated Annual kW Generated Estimated Annual Revenue Total System Cost Payback Period Total System Revenue
1.9 kW 3,085.7 $2,474.80 $19,722.00 7.97 $49,496.07
2.5 kW 4,047.7 $3,246.30 $25,900.00 7.97 $64,925.91
3.4 kW 5,506.2 $4,415.97 $35,157.60 7.96 $88,319.45
4.9 kW 7,953.4 $6,378.63 $50,684.40 7.95 $127,572.54

Ontario was the first jurisdiction in North America to adopt a European styled Feed In Tariff (FIT) program to stimulate investment in photovoltaic installations and other renewable generation technologies

This program provides for the signing of a 20-year contract with the Government of Ontario, whereby the contract guarantees a fixed amount payable per kilowatt-hour generated from the renewable energy project. Controlled and paid by the Ontario Power Authority.

Proposed O.P.A’s FIT rates for Photovoltaic Electricity production are as follows:
≤ 10kW @ 80.2 cents /kWh 10 - 100kW @ 71.3 100 - 500kW @ 63.5 ≥ 500 kW @ 53.9
Ground mounted field applications ≤ 10MW @ 44.3 cents per kWh

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How Solar
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Photovolatic Electricity is
a process whereby sunlight is converted directly into electricity. More...

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