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Finding your Solar Solution. Toronto Atmospheric Fund – TowerWise Renewable Seminar February 4 th , 2010. The Canadian Solar Industries Association (“CanSIA”). National Trade Association that represents over 500 + solar organizations in Canada Mission and strategic objectives
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Finding your Solar Solution Toronto Atmospheric Fund – TowerWise Renewable Seminar February 4th, 2010
The Canadian Solar Industries Association (“CanSIA”) • National Trade Association that represents over • 500 + solar organizations in Canada • Mission and strategic objectives • Strengthen the Canadian solar industry; • Develop and expand solar markets; • Remove market barriers; • Strengthen labour force training and expertise; and, • Improve awareness and understanding across Canada and globally.
Solar Works in Canada!Solar Resource Comparisons Canada Avg: 1150 kWh/kW
Solar Technologies- Many flexible Options • Solar Photovoltaics (“PV”) • Generates electrical power • Multi-crystalline / thin film / BIPV • Roofs, walls, ground mounted poles, etc. • Solar Hot Water Heating • Generates hot water / space heating • Flat plat panels / evacuated tubes • Solar Air Heating • Generates heat • Perforated metal cladding • Combi-systems (i.e. PV) now available
Solar Thermal Industry • Approx. 100% growth in 2008 • Federal Incentives ended 2007 / reinstated 2008 • Federal Residential Pilot Projects starting in 2009 • » 2009 (Est.) 25 – 50% growth
Solar ThermalIncentives & Support • Federal Incentives • ecoEnergy Renewable Heat Program (Commercial/Industrial) • Water and Air • Eligible funding rebate: Up to $400,000 (approx. 20% of project cost) • ecoEnergy Retrofit Incentive for Building • Commercial/Industrial Buildings • Eligible funding rebate: Up to $50,000/project ($250,000/organization) • Ontario Solar Thermal Heating Initiative (OSTHI) • Matches Federal ecoEnergy Renewable Heat Program • Water and Air • Eligible funding rebate: Up to an additional $400,000 • Additional Provincial Support • Ontario Solar Thermal Task Force (Report on MEI Website)
Solar Economics for Buildings- Solar Hot Water • General Information • Approx. M² costs • New Construction: $1,100 /M² • Retrofit: $1,900 / M² • Approx. ROI: 5 – 15% • Both Fed. and Prov. • incentives can cover • up to 50% of costs • Energy savings depends on what energy source is being displaced. • Approx. reduces 30 – 50% of heating fuel cost associated with hot water heating
Solar Economics for Buildings- Solar Air Heating • General Information • Efficient and cost • effective technology • Approx. Break Even • New construction ( 0-3 Yrs) • Retrofit (3 – 6 Yrs) • 30 – 40 year life span • Approx. Reduces 30 – 50% • of heating fuel demand
Solar PV Industry6 Year Annual Growth=35% » 2009 (Est.): 50+ MW installed (Ontario)
Solar PV Incentives and Support • Ontario Green Energy Act • Ontario Feed in Tariff (“FIT”) Program • Launched Oct. 1, 2009 • 20 year contract terms • Multi-tiered solar PV tariffs • 10 kW: 80.2 cents/kWh • 10 – 250 kW: 71.3 cents/kWh • 250 – 500 kW: 63.5 cents/kWh • > 500 kW: 53.9 cents/kWh • Large scale ground: 44.3 cents/kWh
Ontario…Challenges Going Forward • Ongoing Stability • Sending the right signal to the marketplace • Continuous monitoring and program improvements • Domestic Content Requirements • FIT Program: Start at 50% & increase to 60% Jan. 2011 • Developing Industry Capacity • New entrants to the solar PV markets • CanSIA developing Installer Certification Program (NABCEP) • Best Practises (for building owners, consumers, municipalities, etc.)
Solar Economics for Buildings- Solar PV • General Information • Capital Cost: $6000 - $9,000 / kW • Simple break even: 7 – 10 yrs • ROI: 10% - 15% • Financing Options • Up front capital investment • Leasing Rooftop Area • Benefits to building owners; • No upfront costs • No financial risk • No maintenance responsibilities • Option for guarantee supply of solar sourced electricity • Payment Methods; • Per Sq Ft (Approx. 30 cents annually) • Percentage of annual electricity revenues (Approx. 5 – 10%) • Guaranteed electricity rate (lower than current bill)
Building Criteria • Access to sunlight (rooftop/walls) • Space (rooftop/walls) • i.e. PV 250 kW: 70,000 sq ft • i.e. PV 500 kW: 140,000 sq ft • Strong structural support • Roof: At least 20 year life span • Large hot water usage / storage space • Heated pools, showers, car wash, etc. • Remember!!! • Solar has a number of flexible options • Solar PV, Solar Hot Water, Solar Air Heating
Selecting Solar Partners • Beware of “fly by nighters” • Contact multiple companies • Partner Qualifications • Project development experience • Commercial insurance • Credible business partners • (i.e. proven financial capabilities, etc.) • Properly licensed sub-contractors • Warranty / continuous service • Testimonials / Project site visits • Follows safety standards
SelectingSolar Partners • More information • CanSIA Website • www.cansia.ca • CanSIA Online Industry Directory • www.cansia.ca/membership/member-directory • CanSIA Industry Leaders • www.cansia.ca/membership/industry-leaders
Solar Canada 2010CanSIA Solar Conference and Tradeshow Join us!! Metro Toronto Convention Center December 6-7 Toronto, Ontario, Canada www.cansia.ca
Contact Information Wes Johnston Director of Policy and Research wjohnston@cansia.ca 1-866-522-6742 ext. 224 www.cansia.ca