Home Investment Opportunity
Imagine a tenant that is never home, does not take up any room, and pays rent on time every month. That’s what a Solar Array system and Pure Luminescence Inc. can do for you.
Home Investment
The OPA (Ontario Power Authority) has released the MicroFIT program for residences with an incentive of $0.802 per kWh generated into the Grid for a 20 year period. This allows homeowners to take advantage of their unused roof space in a profitable manner while in turn, giving back to Ontario’s environment.
Systems range in size from 1.7 kW to 10 kW. They range in price but the payback or ROI (Return on Investment) remains reliable, improving with larger systems. All of our Residential systems offer a general Annual ROI of 9 – 11% and a payback period of 6 – 8 years. After the 6 – 8 years, the system has paid itself off and the remaining monthly payments will be 100% profit.*
Here is an estimate of a 5kW residential systems output:**
| Total Kilowatt Hours Per Year (kWh) | 7,465.66 |
| Average Daily Income Generated | $16.40 |
| Average Monthly Income Generated | $498.96 |
| Average Annual Income Generated | $5,987.46 |
| Estimated Lifetime Project Revenue | $119,749.20 |
| Return on Investment | 195.0 – 215.0% |
| Simple Annual ROI | 9.0 – 11.0% |
| Gain on Investment | $60,000.00+ |
| Years to Payback | 6.0 – 7.5 yrs |
| Incentive Rate | $0.802 |
| Equipment | 26 Polycrystalline Modules with Enphase M190 Micro Inverters |
| Square feet | 600 |
Pure Luminescence Inc. can produce these types of results for the Solar Array systems over the entire 20 year contract through our solid PRODUCTS and our WARRANTIES/GUARANTEES.
The system is designed to outlast the 20 year contract period. After which, Pure Luminescence Inc. can configure the Solar Array to ‘Net Meter’ offsetting consumption to save you money on your hydro bills, set up a complete off-grid solution, or arrange any other future financial programs that may be in place at that time. The system is rated to last over 300 years. To arrange a Evaluation please CONTACT US
*The incentive from the FIT program will pay off the system in full within that time from the energy you have generated.
**This estimate is at 3.9 hours of average daily sunlight in Southern Ontario. Environment Canada estimates 4.1 hours of average daily sunlight in Southern Ontario. These results are expected to be typical or more depending on your array. Test results prove these system outputs. All amounts are in Canadian Dollars.
