It is NOW or Never for the microfit Solar Panel System

The roof mounted Ontario microfit system started at 80.2 cents per kW, then 54.9, then 39.6, then 38.4 and soon it will be down to 29.4 cents per kW.

How much can you earn per year from a Microfit Solar Panel System

You can earn about $5000 per year from a microfit solar system dependent on your layout up to a maximum of about $8000 per year based on 39 cents per kW hour.

Still the costs are about the same if not more than when we installed 2 years ago at 39.6 cents per kW.

You will have to pay the $1500 connection fee for Hydro-One, engineering analysis of your roof, local building permit charge per panel of $10, plus higher installation and higher panel costs due to the drop in the Canadian Dollar.

If you have availability in your area.  If the numbers work out for you at 38.4 cents per kW then you

MUST ACT NOW!!

I remember when people baulked at 80.2 cents and others refused the 54.9 cents contracts.

I find it interesting that rates are dropping so low, you would think that the Conservatives won the last election.  The Ontario Energy Review Board failed to monitor or put limits on what Hydro One charges for connection fees.  They even allow them to charge you $6.10 every month when Hydro One pays you for the power that you produce.

If you are thinking of going Solar then I recommend that you read this blog starting from our first post.

Avoid straight string inverter systems.  You can read why to avoid them in my blog.

Avoid people who just want to rent your roof area and pay you pennies for it's use.  You can get a line of credit loan for about 3% interest and still make money.

Avoid people who do not use SolarEdge inverter systems with optimizers.  Make sure you specify Schletter Racking systems.  Make sure that your roof is less than 7 years old before you install the system and put in the best roofing that you can with the best backing system under the shingles for the entire roof area.  Also make sure that they seal all of the penetrations and use alum or SS flashing materials available from Schletter also.  Recommend that your system be wired for 2 strings per inverter for future expansion.  Get the extended warranty for the inverters.

Get 3 quotations including Flexible Solar.  Recommend next generation poly panels from Canadian Solar.  See my review on these panels.

GETTING EVERY THING IN WRITING - ALL OF THE DETAILS AND DO NOT PAY LARGE AMOUNTS OF MONEY UP FRONT.

On a 10 kW system with no shading, you should be able to produce 12 MW per year depending on your roof pitch and location.  Email me or call me if  you have any questions.  You can google my name and use our photography link.