Next Energy Solar
JustReno.ca’s solar division, Next Energy Solar, offers a variety of solar programs for residential customers in Ontario. Next Energy Solar makes it easy and affordable for you to enjoy the environmental benefits of solar power, while earning a profit! Going solar will increase the property value of your home, reduce your carbon footprint and allow you to take advantage of financial incentives offered through Ontario’s microFIT program.
Here are some of the top reasons to go solar:
Ontario’s microFIT Program
The Independent Electricity System Operator (IESO) microFIT program was launched by the government of Ontario in 2009. The microFIT program enables homeowners to develop small-scale “micro” renewable electricity generation projects on their properties (10 kilowatts or less) which reduce their environmental impact, lower emissions and in turn, generate a profit for themselves. Under the microFIT program, homeowners enter into a 20-year contract with the Ontario government, while getting paid at a guaranteed price over the 20-year term for all the electricity generated through their solar panels and supplied to the electricity grid. Essentially – you get paid for the power you produce! Learn more about Ontario’s microFIT program!
Ontario Solar Programs – Next Energy Solar
Next Energy Solar offers a variety of programs to suit the unique requirements and budgets of our customers. We’ll provide a free consultation to review your options, explain the benefits and answer your questions. Following the consultation, we’ll provide a free proposal for your preferred campaign!
The following are some details on Next Energy Solar’s lucrative programs:
Free Solar
The Free Solar program allows you to install a top-of-the-line solar system on your roof without paying a single dollar! You’ll receive a guaranteed upfront payment of up to $4,000.00, plus annual rebates through Next Energy Solar’s FREE Solar Program.
How Does it Work?
In November, 2009 the government of Ontario launched the Feed-In Tariff (FIT) program. As part of this program, the power produced by your home’s solar system is sold back to the grid and the income pays for both the system and its operating costs. The power produced by solar power systems are bought back by the government at guaranteed rates for a term of 20 years.
Top 5 Reasons to Choose FREE Solar
- You’ll receive a payment of $3,000 to $4,000 upfront and $100 every year until plan maturity
- 100% ownership of the system at the end of contract (a guaranteed 80% + efficiency at $24,000)
- After the 20th year, you will not pay a hydro bill, resulting in average savings of $80,000 from years 21 to 40 alone
- All installation/repair/maintenance and insurance costs are covered by Next Energy Solar
- Free one-time removal and re-installation of solar panels to replace the shingles on your roof
Solar Purchase
Many customers prefer to purchase their solar equipment outright so that they own it 100%. This can be done via cash or a low-interest line of credit. Customers who purchase a solar energy system will collect 100% of the electrical revenue at a fixed rate assigned by the government. The investment is backed by a 20-year government contract, which offers residents up to $5,000 annually or $90,000 over a period of 20 years.
Benefits to Purchasing Your Solar Equipment
Co-Investment
Co-Investment is a customized investment plan which allows customers to choose the investment level that best suits their budget. Through this co-investment program, home owners will enjoy a guaranteed annual return on investment of up to 15% during the 20 year term. We guarantee a 100% risk free investment condition to home owners. From engineering, installation, maintenance and insurance liability, we will cover all associated expenses and risks.
Top 5 Reasons to Choose Co-Investment
Revenue Sharing
Through the revenue sharing program, Next Energy Solar finances 100% of your system which means that you don’t have to pay a single dollar upfront. From year 1 to 20, the revenue is shared with customers at a 12 percent (fixed rate) of the total annual revenue from the hydro company. The expected client income can reach up to $600 per year!
Top 5 Reasons to Choose Revenue Sharing
Schedule a Free Ontario Solar Consultation
For more information on our solar programs and to book a free consultation, please visit Next Energy Solar’s website and a Next Energy Solar Specialist will contact you within 24 hours!