Learn more at http://www.thesolarvillage.com . Renewable energy in Ontario makes a lot of sense for rural land owners. See how to start getting paid by generating electricity with solar photovoltaic panels in Ontario on the Green Energy Acts MicroFIT program.
It is only 'profitable' because of insane subsidies that rake grid customers over the coals and pay far in excess of the value of the electricity generated. Dump the subsidies and this crap would collapse immediately. Solar is USELESS for grid generation, and the industry should stick to the unsubsidized off grid stuff that actually makes sense. If some redneck like me can build a solar farm (off grid, of course) without Uncle Grubby robbing taxpayers in the process then so can they.
randacnam7321 6 days ago
@ForTheRepubl1c I cant see 1,200 a month back in his pocket,Ive got a 3.6kw system and will be lucky if it pays the monthly bill I just installed it back in november,so I have a third of what he has and will be lucky to pay a 90.00 electric bill per month,using 15 sharp panels and Enphase m190 micro inverters,the meter does tick backward but it will only reduce the bill not eliminate it,think about those numbers theres no way he would get that kind of money back.
indman101 1 month ago
@l0veall I have a 3.6kw system and I will be lucky to get by without a monthly electric bill,im with Duke Energy here in Indiana and I can only get credit on my account with no checks coming in the mail but I will be lucky to get credits with only having a 3.6kw system,so I do not believe this person is making 1,200.00 a month back in his pocket.
indman101 1 month ago
@indman101 works out to about $937 a month.
who ever said this system will pay for itself in months.
is full of shit
ForTheRepubl1c 1 month ago
@shitskadoodle that's close but at $1,200 a month it is more like $14,400 a year. if you used all of it to pay of your loan you could pay it of in 6.25 years. without paying for electricity. and after that you would be getting $1,200 a month all profit for another good 15 years or more until the need for maintenance.
l0veall 2 months ago
what if it aint the oil company? Its tooimportant to be suspicious or guessing. Whay do the copmonents cost soooooo much!!! After all its just a miirror folks. A car is more complicatd and cost less. Surly we can point a mirror at a pipe of water for less than 15K a tile.
bryncomeaux 3 months ago
@indman101 That's at 80.2 cents/kWh for power sent to the grid, which is a subsidized price. So it's not saving money from one's electrical bill but MAKING money by being paid by the energy authority for sending power to the grid.
Ex: 10kW system may produce 10,000 kWh/year at $0.80/kWh = $8,000/year. That would pay off $90,000 in about 11 years. Give or take.
shitskadoodle 1 year ago
$90,000?pay for it self in 7 or 8 years?what kind of electric bill does this guy have?
indman101 1 year ago 2
90000 seems high for only 10Kw system.
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perplexfraction 1 year ago