By the Numbers
System Production
1,111 kWh / kW / year
Power Purchase Rate
80.2 cents / kWh
System Performance Degradation
0.5% / year
Utility Account Fees
$7.50 / month
Insurance
0.1% of System Cost
Inflation
2%
Competitive Financial Returns
Solar is a long term, low risk investment. Here’s how a $20,000 solar investment
compares with the market.
|
Annual Revenues before tax
|
|
GIC (10 year avg. 2.45%)
|
Solar PV (2 kW system)
|
|
$470
|
$1,572
|
Additional Benefits
- Solar Income is Not Taxed for Over A Decade*
- Solar Systems Generate Power for 40 Years
*Want more info on the costs and benefits of solar? Click here.
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By the Numbers
A 2kW system will offset 1.4 tonnes of CO2 emissions annually, equivalent to
- 229 liters of gasoline
- 1,943 km of driving
- 163 acres of forest carbon caputre
Environmental Benefits
Generate Clean, Renewable Power
- Solar electricity production generates no harmful emissions
Generate Your Power Where It's Used
- Avoid the need for more transmission lines, which lose 5% of the power they carry
Offset Peak Demand
- Solar generates power during peak hours where demand is otherwise met by coal and
natural gas generation
By the Numbers
- The new green economy in Ontario is expected to create 50,000 new jobs in the next 10 years.
- 110 solar pioneers invested in solar with marginal economics and helped spur the Green Energy Act, which doubled their solar income
Social Benefits
Job and Wealth Creation in Ontario
- Investing in your community by putting money back into your home and supporting Ontario
products and labour
Walking the Walk
- Decisive action by ordinary Ontarians has proven the best method for increasing
the uptake of renewable power