Resources for Businesses
Feed-In Tariff Program (FIT)
The Feed-In Tariff (FIT) Program was developed to encourage and promote greater use of renewable energy sources including on-shore wind, waterpower, renewable biomass, biogas, landfill gas and solar photovoltaic (PV) for electricity generating projects in Ontario.
As a standardized way to contract for renewable energy generation, Ontario’s FIT Program was one of North America’s first comprehensive guaranteed pricing structures for renewable electricity production, offering stable prices under long-term contracts.
Commercial Fit Systems
The Ontario Power Authority allows your company to receive contract payments from your local distribution company for the electricity produced from your FIT project. Your local distribution company makes these payments on the regular billing cycle on behalf of the OPA. If your organization operates from a municipal, co-op, seniors’, charity or church building, this program allows you to minimize expenses and maximize your reputation for environmental responsibility.
The Panasonic team is available for commercial/industrial rooftop projects – no matter how large or complex. In fact, with over ten years of commercial experience and expert knowledge of FIT process, we ensure the success of all elements of your rooftop FIT project – from installation to monitoring and maintenance.
Commercial Net Metering
Panasonic designs and installs net metering systems that allow you to use the electricity from the solar panel system to reduce or eliminate your dependence on the utility company. The results? Considerable long-term savings on your company’s electricity bills.
Net metering is especially effective for commercial operations that require large amounts of hydro to function, such as manufacturing facilities. These organizations can significantly lower their energy bills by generating their own electricity with solar panels.
WHAT YOU NEED TO KNOW ABOUT NET METERING:
- It’s efficient: Net metering allows you to use all the electricity that your solar panels produce, so you can operate your home or business on solar energy and be virtually independent from the utility company. If you still require service from the utility company, your hydro bill is significantly reduced.
- It boosts your bottom line: Whatever power you do not use can be sold back to the grid/utility company at the going market rate.
- It’s unlimited. The maximum amount of energy you can generate is based on the maximum number of panels your roof can hold.