How much income should you expect for solar energy generation in Ontario
Solar panels are primarily comprised of silicone and glass. When the suns UV rays hit the panel, they are absorbed and energy is produced (electricity).
Electricity is in the form of DC power, just like a battery. It is then connected to an inverter. The inverter changes the DC power to AC power, the power we all use in our homes and businesses.
The power is sent to a special meter which calculates the amount of power being generated This is measured by kW per hour.
Your power is sent back to the electrical grid to feed other homes. The electrical company pays for each kW per hour produced. In your case, the FIT program can pay you anywhere between
0.802 to 0.539 cents per kW per hour.
The amount depends on the size and location of your solar installation.
