Canada, more than most nations, has always had a respect for nature that can be seen through its embrace of natural elements in cities like Vancouver. This respect has translated into real world initiatives striving to motivate businesses to embrace alternative energy sources. Whatever your feelings on oil consumption, it is unequivocally, a non-renewable resource. The Microfit program Ontario, also known as the feed-in-tariff, encourages residents or businesses to use renewable resources to create energy that will be purchased by Ontario Power Authority (OPA).
The fact that a governmental push has taken off within Canada is no surprise to anyone that understands the country's long standing relationship of respect for the natural beauty that's found throughout all provinces. Also, the progressive sensibilities of its citizens makes it a logical choice of legislative action in terms of an environmental issue.
Reaching further, some participants can use the biomass, landfill, and bio-gas options, but their requirements would be better suited to be used by corporations or other, larger, entities. The particular eligibility requirements of the Microfit program vary, but once you're accepted you are entered into a contract with the Ontario Power Authority, also known as the OPA.
Concerning the use of these latter three renewable sources, they are all similar to one another and utilize organic material that is hydrogen, carbon, and oxygen based. Harvesting these sources mean pulling wood, garbage, or landfill mass together and applying thermal, chemical, or biochemical conversion technologies. The resultant energy can be used for heat or electricity and can even be converted to liquid fuels like those used by bio-fuel cars and trucks.
The materials are converted through a variety of chemical, thermal, and biochemical reactions to produce heat and electricity. The latter option uses organisms that feast on materials and produce gases like methane. No matter how you choose to create energy, the OPA will pay you for it.
Yes, each kilowatt of power, no matter if you use it or it is consumed by others will net you a small income. This income is not free and you'll have to claim it on your taxes. Also, the installation of these technologies are not subsidized, but they can lead to deductions over several years.
Getting your own or business retrofitted with renewable technology requires monetary investment on your part, but this project offers you a deduction that can be deducted over a number of years. Additionally, these technological add-ons will add to the value of your home and help spearhead an effort to convert most of the nation into one that can sustain itself into the future.
Tax concerns aside, there is much to be gained from being a part of the microFIT program Ontario legislation including the supplementary income you will reaping. For those who join, they will be the first of many to get on board with energy sources that make us self sustaining and can speak of these benefits to those that are outside of the program. This nation can be at the forefront of working environmental technologies that can show the world what is possible.
The fact that a governmental push has taken off within Canada is no surprise to anyone that understands the country's long standing relationship of respect for the natural beauty that's found throughout all provinces. Also, the progressive sensibilities of its citizens makes it a logical choice of legislative action in terms of an environmental issue.
Reaching further, some participants can use the biomass, landfill, and bio-gas options, but their requirements would be better suited to be used by corporations or other, larger, entities. The particular eligibility requirements of the Microfit program vary, but once you're accepted you are entered into a contract with the Ontario Power Authority, also known as the OPA.
Concerning the use of these latter three renewable sources, they are all similar to one another and utilize organic material that is hydrogen, carbon, and oxygen based. Harvesting these sources mean pulling wood, garbage, or landfill mass together and applying thermal, chemical, or biochemical conversion technologies. The resultant energy can be used for heat or electricity and can even be converted to liquid fuels like those used by bio-fuel cars and trucks.
The materials are converted through a variety of chemical, thermal, and biochemical reactions to produce heat and electricity. The latter option uses organisms that feast on materials and produce gases like methane. No matter how you choose to create energy, the OPA will pay you for it.
Yes, each kilowatt of power, no matter if you use it or it is consumed by others will net you a small income. This income is not free and you'll have to claim it on your taxes. Also, the installation of these technologies are not subsidized, but they can lead to deductions over several years.
Getting your own or business retrofitted with renewable technology requires monetary investment on your part, but this project offers you a deduction that can be deducted over a number of years. Additionally, these technological add-ons will add to the value of your home and help spearhead an effort to convert most of the nation into one that can sustain itself into the future.
Tax concerns aside, there is much to be gained from being a part of the microFIT program Ontario legislation including the supplementary income you will reaping. For those who join, they will be the first of many to get on board with energy sources that make us self sustaining and can speak of these benefits to those that are outside of the program. This nation can be at the forefront of working environmental technologies that can show the world what is possible.
About the Author:
The Ontario fit program offers, those who use solar panels or wind turbines, the opportunity to make money by selling the solar or wind energy they produce. Visit Efston Science to learn more about how you can start producing renewable energy for money.
No comments:
Post a Comment