Property Investment Opportunity
Dual Axis Solar Tracker
The OPA (Ontario Power Authority) has released the FIT and MicroFIT program for business with an incentive of up to $0.642. This allows business owners to take advantage of their unused roof space in a profitable manner while giving back to the environment in Ontario.
Dual-axis tracking systems have the ability to follow the sun horizontally and vertically to produce 30% – 40% better production. The Trackers include a astrological tracking, wind safe mode, snow dump function, hydraulic actuator, swing arm, and a 5 year warranty on all moving parts.
Systems range in size from 5.0 kW to 10 kW per tracker in capacity while maintaining a consistent payback and ROI (Return on Investment) across the board. All of our systems have a general ROI of 10 – 12% and a payback period of 6 – 8 years. After the 6 – 8 years the system has paid itself off, therefore the monthly payments will be 100% profit.*
Here is an estimate of a 10kW dual axis tracker output:**
| Total Kilowatt Hours per year | 16,782.46 | |
| Average Daily Revenue Generated | $36.88 | |
| Average Monthly Revenue Generated | $1,121.63 | |
| Average Annual Revenue Generated | $13,459.53 | |
| Average Lifetime Project Revenue | $269,190.60 | |
| Return on Investment | 165.0.- 180.0% | |
| Simple Annual ROI | 7.5 – 9.5% | |
| Gain On Investment | $150,000.00+ | |
| Years to Payback | 6.5 – 8.0 yrs | |
| Incentive Rate | $0.642 | |
| Equipment | 50 Polycrystalline Modules with Enphase D380 Micro Inverters | |
| Square feet | 800 |
Pure Luminescence can guarantee these types of results for the Solar Array systems over the 20 year contract through our WARRANTIES/GUARANTEES.
The system is not obsolete after 20 years by any means. At that time 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.
LEARN MORE to arrange a Solar 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 based on a solar estimate taken in the GTA area of average daily sunlight. 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. The system cost is based on an average turnkey install; these prices are not guaranteed and will vary from the scope of the project. All amounts are in Canadian Dollars and do not include HST.
