Electricity rates in Ontario have risen steadily for the past decade, and more and more homes, businesses and industries are starting to look at solar panels in Toronto and the GTA as a renewable energy source.
Not only is solar power cleaner and more environmentally friendly than energy sources such as fossil fuels, it is also fully renewable, which means the supply will never run out as long as the sun continues to shine. In fact, if we could harvest 100% of the energy emitted by the sun, just one hour’s worth could provide the world’s energy needs for an entire year.
There are several programs available that are designed to encourage the use of solar panels in Ontario, including:
Ontario homeowners and businesses that install a solar panel system are eligible to receive up to $1.00/Watt for a residential and $0.75/Watt for a commercial solar system under the GreenON program.
Installing a Net-Metering system at your home or business can reduce your monthly utility bills by 50 to 100% and can even result in utility credits if you produce more power than you use.
Depending upon how much power your solar panels harvest, you might be able to go Off-Grid and stop paying exorbitant transmission and distribution charges.
Want to know more about the cost and effectiveness of solar panels? Contact us for a no-obligation consultation.