Solar installations participating in the Ontario FIT program
Generate guaranteed annual cash flows
- Guaranteed, fixed rates for PV projects (based on project size) for electricity generated over twenty (20) years.
- Estimated to generate attractive gross annual revenues and cash flows.
- Receive payments monthly from the utility
Benefit from accelerated capital cost allowance (CCA)
- Eliminate taxes for many years with an accelerated CCA of 50% from the Canada Revenue Agency.
Maintain the residual value of solar assets
- After the FIT contract expires in twenty (20) years, the debt free solar power plant can produce electricity for another fifteen (15) to twenty (20) years bringing significant additional revenue.