Solar Investment Opportunities With The Ontario Feed-in-Tariff (FIT)

Ontario Solar Energy Feed in Tariff (FIT) Program Under the landmark Green Energy Act, the Ontario Power Authority (OPA) implemented a Feed in Tariff (FIT) program which is a 20-year guaranteed rate that the Ontario Power Authority pays individual solar energy system owners for renewable energy generation. The FIT Program is for projects over 10 kilowatts installed on rooftops or ground mounted. Based on the structure of the FIT program, 10 kW to 250 kW PV systems will have an attractive rate of 71.3 cents/kwh.

Solar Investment Opportunities
No matter if you are 100 percent equity investment or a mix of equity plus debt financing, financing a solar power system with a 20-year contract as part of the OPA's FIT program is a profitable investment, with the project IRR’s reaching up to 17%-18%.

Made in Ontario
In order to apply for the FIT program, your solar energy system must be FIT compliant, meaning the system has a 13% domestic content requirement. Conergy offers a FIT compliant solar module, the Conergy ON, and FIT compliant solar energy mounting systems.