Over the last 13 years, electricity rates in Ontario have increased as much as 103% (on-peak rates); we all feel the pain of skyrocketing utility prices, however it is possible for Solar PV to eliminate your monthly electrical bill!
Investing in solar power (aka "solar PV") for your home not only increases asset value dollar-for-dollar invested, but can also decrease the time on market should you decide to sell. With phenomenal value-retention year after year, your solar power system can be expected to stabilize utility costs and provide increasing value as utility rates continue to climb! Get in touch for a free preliminary assessment and proposal here!
"Researchers found that buyers were willing to pay a premium of $15,000 for a home with the average-size solar photovoltaic system (3.6 kilowatts, or 3,600 watts), compared with a similar home without one. Put another way, that translates to about four additional dollars per watt of solar power." -New York Times article "Appraising Solar Energy’s Value", Feb 20, 2015
The Kenora and Lake of the Woods region has some of the best solar resources in the country!
"..northern homeowners have a clear and simple method to reduce their greenhouse gas emissions by making an investment that offers a higher internal rate of return than savings accounts, CDs and global investment certificates in both the U.S. and Canada."- Joshua Pearce, Professor at Michigan Technological University,
solar power value research & reports
Ontario Energy Board - Historical Electricity Rates
Berkely Labs Report - Selling Into The Sun
Michigan Tech - Shining a Light on the True Value of Solar Power
Fraser Institute Report - Evaluating Electricity Price Growth in Ontario
Berkely Labs Report - Appraising Into The Sun
New York Times Article - Appraising Solar Energy's Value