FIT and microFIT Program
What The Ontario Government microFIT Program is About
The passing of the Ontario Green Energy Act and introduction of the FIT (feed-in-tariff) and microFIT program allows Ontario residents to produce their own solar energy and sell it back to the grid at rates designed to cover capital costs and provide a strong rate of return, typically 10-13%. Under the microFIT program, solar projects under 10kW (approx. 40 panels) are paid a guaranteed rate for all energy produced over a 20-year term.
Great Green Investment News For Profit-Minded Homeowners
You may have friends or neighbours who have taken advantage of Ontario’s microFIT program and are now selling energy back to the government at a great rate.
Successful applicants have the opportunity to install solar panels, and receive a 20 year contract for selling the power at a rate that provides a strong return on investment.
Since the launch of the program in 2009, over 20,000 micro-scale solar projects have been installed across the province. The Hayter Group has been an industry leader in the sales, installation, and servicing of many of these solar systems.
We highly recommend that you take us up on a no cost, no obligation, site assessment done by one of our solar experts. After the assessment you will definitely know if your property is a good candidate for a profitable solar panel installation.
Next, get your Solar Application submitted as soon as possible so that the door doesn’t close on this unique program. Contact us today…we’ll help you do it! We will do the assessment and the paperwork.
We only install quality equipment from companies like Hanwha and Canadian olar. Industry leaders in residential solar products.
Let the experts from The Hayter Group assist you with financing your project as well. A solar installation can pay for itself and be cash flow positive from day 1.
If you decide to go ahead with a solar project, you are going to want to choose a contractor and equipment manufacturers that will still be around 20 years from now. Your 20 year contract is backed by the Ontario Government. The Hayter Group is a diversified company that has been serving South-Western Ontario since 1952. Hanwha and CanadianSolar are diversified global companies, producing the type of equipment banks are happy to finance.