Solar Opportunities in Ontario Quantum renewable Energy

FIT Wrap up MicroFIT program ran from 2010 – 2017 With over 270 MW installed, resulting in an annual income of $85 million The FIT and MicroFIT has a combined installed capacity of 2960 MW Quantum renewable Energy

The result is a mature solar industry in Ontario. FIT Wrap up The result is a mature solar industry in Ontario. Quantum renewable Energy

Established Market Net metering is taking off Operations and Maintenance is becoming its own business stream Quantum renewable Energy

Solar Architecture Net Metered Systems Quantum renewable Energy

Net Metered with battery back up Solar Architecture Net Metered with battery back up Quantum renewable Energy

Net Metered with battery back up Solar Architecture Net Metered with battery back up Quantum renewable Energy

Solar Architecture Off Grid Systems Quantum renewable Energy

Solar in Ontario Net Metered Systems Same equipment as MicroFIT All energy produced will be used inside the home first If an excess is produced the it goes back onto the utility line Creates a credit on your meter Can be used up at a later date Credit carried forward for up to 1 year Quantum renewable Energy

Net Metered Systems Allowed system size of 500 kW Roof mounted only Solar in Ontario Net Metered Systems Allowed system size of 500 kW Roof mounted only Quantum renewable Energy

Solar in Ontario Net Metered Systems Hydro One charges $800 connection cost No account fee increase Roof Mounted ONLY Current rate at approx $.15 / kWh At this rate a 10 kW system has a 16 year payback Quantum renewable Energy

Solar in Ontario Net Metered Systems Over the last 10 years, electricity has gone up 9% per year ( aside from the 2017 Liberal price reduction) Quantum renewable Energy

Solar in Ontario Net Metered Systems With that rate escalation applied, the payback time turns into 9 year! Quantum renewable Energy

Implementation barriers Hydro One Capacity restriction Solar in Ontario Implementation barriers Hydro One Capacity restriction Quantum renewable Energy

Implementation barriers Solar in Ontario Implementation barriers For residential “low voltage” 240 vac supply Over 10 kW in size requires a $4950 CIA “Connection Impact Assessment” charge Creates a financial barrier for systems 11-50 kW in size. Quantum renewable Energy

Solar sometime in the Future Virtual Net Metered Systems Zero export TOU rates Quantum renewable Energy

Time of Use Net Metered Systems Solar in Ontario Time of Use Net Metered Systems Quantum renewable Energy