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Finally!
26/03/09 Filed in: News
Having begun working in the renewable energy
business in 1982, and after supplying systems to 60
countries around the world, the March 2009
announcement by the Ontario government to implement
reasonable Feed In Tariff rates was a welcome
development. Twenty-seven years isn’t a lifetime I
suppose but it’s getting close!
If this proposed plan is signed into law it will radically change the appearance of rooftops of Ontario. For the first time in history, PV will actually be economically viable for homeowners and businesses. The proposed $.802/kWh rate makes photovoltaics very attractive. With a 20-year power purchase agreement guaranteeing the revenue stream, and a payback of less than 10 years it is generating a lot of interest...
A recent report states that the cost of PV dropped 10% in the last quarter of 2008 and another 10% so far this year and on track to further decline throughout 2009. While manufacturers are likely not thrilled, end users are happy. However, it is difficult to predict anything these days with world conditions being so volatile.
PV for your rooftop can help pay the mortgage, put money into a savings account, pay for retirement, you name it. It is a great financial investment, and by the way, you’re doing your part for the environment.
If this proposed plan is signed into law it will radically change the appearance of rooftops of Ontario. For the first time in history, PV will actually be economically viable for homeowners and businesses. The proposed $.802/kWh rate makes photovoltaics very attractive. With a 20-year power purchase agreement guaranteeing the revenue stream, and a payback of less than 10 years it is generating a lot of interest...
A recent report states that the cost of PV dropped 10% in the last quarter of 2008 and another 10% so far this year and on track to further decline throughout 2009. While manufacturers are likely not thrilled, end users are happy. However, it is difficult to predict anything these days with world conditions being so volatile.
PV for your rooftop can help pay the mortgage, put money into a savings account, pay for retirement, you name it. It is a great financial investment, and by the way, you’re doing your part for the environment.