The way the MicroFIT program is set up, the producer of electricity pays the full price of all construction and materials costs associated with the power generation system. It is therefore very important for prospective product owners to know these cost as they consider the viability and return on investment of their system
In this episode, a segment of the longer MicroFIT – An Introduction, we look at the three main areas where a prospective project owner will need to consider costs involved in their project. One of the best parts of MicroFIT is the fact that your revenue stream is predictable and based on average sun rates and a guaranteed rate for the electricity generated. Having a better understand of your system’s cost will help you minimize these costs and avoid surprises.