Why Fritz Renewable Energy Services?

The Fritz Group has been serving clients in a variety of industries across Ontario for over 35 years. The ability to deliver unparalleled quality on-time and on-budget has allowed us to remain established in our core business and expand operations by servicing new industries. Recognizing the opportunities that the alternative energy sector would present, we have put our resources into building the renewable energy services group since 2006. Fritz is dedicated to furthering Ontario’s initiative to become the world leader in alternative energy generation.

What is Solar Photovoltaic (PV)?

Energy is constantly being released by the sun in the form of radiation. Some of this energy passes through the atmosphere as light and is absorbed by the Earth, providing heat and light to the planet and fuelling its natural systems. However, through the use of Photovoltaic (PV) modules, this energy can be also captured and converted into usable electricity. Commonly known as solar panels, these systems use glass and silicon panels to capture that solar energy and generate a direct current. That current is turned into an alternating current through the use of an inverter and can be fed back into your local hydro grid through a supply meter or used directly by the owner of the solar system.

Why Solar? Why Now?

Unlike fossil fuels such as coal or oil, the sun’s energy is inexhaustible and free to anyone with the means to harness it. With improvements in the manufacture and design of solar PV panels, equipment costs are reaching all-time lows at a time when governments around the world are seeking ways to reduce our dependence on non-renewable energy sources. As the movement towards renewable or “Green” energy intensifies, the opportunity to turn solar power into an economically viable enterprise has never been better.

• For more information download our Solar Energy Brochure (pdf)

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Ontario's Green Energy Act & Feed-In Tariff Program

In 2009 the provincial government of Ontario voted The Green Energy Act into law. This legislation was designed to turn Ontario into the world-leader in renewable energy production and jumpstart a “Green” economy. The Green Energy Act provides the potential for lucrative returns to landowners and small business owners who install small renewable energy generation systems on their properties by ensuring that 100% of the power they generate will be purchased at premium rates by the local utility through a Feed-in Tariff program.

The Feed-in Tariff program guarantees that any power generated by a solar system with a faceplate capacity of 10 kW or less will be purchased by the Ontario Power Authority and your local utility through a 20-year contract at a rate of 80.2 cents per kWh. Given that current hydro prices across Ontario are less than 10 cents per kWh, the potential for generating significant profits through solar production has never been better. In addition, the contract is fully transferable which increases the value of your property and allows you to sell the contract at a later time. Without a doubt, the Green Energy Act gives Ontario landowners the best renewable energy incentive program available in North America and perhaps the world.

• For more information visit the OPA Feed-In Tariff Program website: http://fit.powerauthority.on.ca

Benefits, Both Financial and Environmental

Any amount of power that we can derive from renewable sources such as wind, solar and biogas generation means less reliance on fossil fuels and a reduction in the carbon emissions released into the atmosphere. However, the economics of renewable energy had prevented widespread adoption as the payback on equipment costs and future profit expectations were not significant enough, until now.

By installing one 10 kW solar PV tracking system, the customer can expect to recover the cost of the investment within approximately 7 years and then reap the profits for the remainder of the 20-year contract by way of steady and consistent cash flow every two months (or based on the billing cycle of the local utility). Based on annual recorded sunshine data for locations in Bruce County as recorded by the Ministry of Natural Resources, at 80.2 cents per kWh a system owner could expect to generate approximately $15,000 per year in energy sales.

In addition to the revenues that they generate, solar PV systems are eligible for an accelerated capital cost allowance under Canada’s income tax act. This means that the owner will be able to write off the capital cost of the equipment quickly, and within four years up to 90% of the total installed costs may have been depreciated, creating substantial tax savings and increasing your after-tax income. Be sure to discuss your own tax planning with your accountant or advisor as each individual case is different.

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20 Year Energy Revenue Projections - Financial Analysis: Mount Forest Area

The projected cost and revenue schedule outlined below is an example of a system installed in the Mount Forest area and based on historical sunshine data. This is intended as an indication of what performance may be expected given similar circumstances and does not constitute a guarantee of future results.

Various financing options are often available through your current chartered banker or leasing companies. Taking advantage of a financing plan would reduce the initial cash outlay at purchase and increase returns over the life of the contract.

(click for larger view)

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System Details 9.6 kW Solar PV Grid Tie System

Fritz Renewable Energy Services offers an industry-leading 9.6 kW Solar PV system designed to take advantage of the Micro-FIT program. Working with our preferred suppliers, we will engineer, install and maintain your Solar PV system to ensure you maximize the profitability of your OPA contract. Your Fritz sales representative will review the equipment and installation costs as well as the annual cash flow potential of the system. Also, we make a maintenance and monitoring program available to our clients to provide year-round peace of mind and maximum performance from your solar PV system.

• Download the DEGER Product Guide for additional information

Fritz Limited Warranty Information

Fritz offers a 20 YEAR Warranty on the complete system. All maintenance and repairs will be completed by Fritz’s qualified service technicians.

Modules:

• 5 years Workmanship
• 20 years Power Output
• Within 10 years of Purchase Date = 90% of Minimum Power
• Within 20 years of Purchase Date = 80% of Minimum Power

DEGER Tracker:

• Optional 20 year extended Warranty
• All Parts Included

DIEHL- AKO Inverter or Power One Inverter:

• No Cost 10 year
• Optional 20 year extended Warranty

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Fritz Renewable Energy Services offers both leasing and buying options

Lease Option
Fritz will lease a 50’ x 50’ area of land with good sun exposure. The Solar units need to be within 300 feet of a service pole in order to tie into the grid. As of April 1, 2010 we are offering customers a lease rate based on a percentage of revenue with a 20-year contract.

Purchasing Option
Purchasing costs vary depending on quality of site. Please contact a Sales Representative for a FREE site analysis.

Fritz Head office: 519-366-2253

Sales Representatives:
Tom Fritz: 519-881-6313
Rob Stein: 519-889-0717
Dean Kulich: 519-524-0213
Rob Yost: 519-703-1438
Gus Chehade: 519-719-4351

Registered Dealers:
Lang’s Contracting: 519-366-2222

Peak Builders: 519-881-4924

Graham Sales and Contracting: 888-775-7977

• Terry Reesor: 905-640-1583

Land & Sky Green Energy Inc.:

• Paul Waechter: 519-942-6660
• Brain Horner: 519-216-0376

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