Concern over greenhouse gas emissions (GHGs) has produced a new phenomenon - leases of rooftop space for the installation and operation of solar power facilities.
Last May Ontario passed the Green Energy Act. One of its main objectives was to establish a feed-in tariff program (a "FIT" Program) whereby the Ontario Power Authority) the "OPA") committed to purchase, at very favourable rates, all of the green energy produced in the Province. In response to this incentive, owners of buildings are likely to be approached by solar power companies wishing to lease rooftop space to install and operate green energy systems.
Read the full article here: Gold in the Sunshine on Your Roof - Solar Facility Rooftop Leases- January 11-2010
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