Going forward all of Grasshopper Solar’s guaranteed funding solar installations will now feature solar panels from LG Electronics, the two companies announced this week.
"We know that 87% of Canadians support renewable energy adoption, and we're thrilled to partner to provide Ontarians with innovative, high quality solar panels and a 25-year performance guarantee," said Jason Hibbard, VP of residential operations at Grasshopper Solar. "Today our partnership is Ontario-focused as the province's microFIT program comes to an end at the end of 2017, but our vision is to expand further into Canada and across the border in the future."
Ontario’s MicroFIT Program guarantees homeowners a fixed rate of of $0.288 per kWh for 20 years. Annual earning for a household could be upwards of $3,600.
Under its Guaranteed Funding Program, Grasshopper Solar leverages the microFIT program to finance your system from design to connection and finally to ownership by the end of your lease, including insurance and maintenance of the LG panels.
The provincial renewable energy program is coming to an end later this year.