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Many microFIT participants own and operate their projects and install the systems on their property. If you choose this option, you will be the microFIT contract holder and receive payments for the electricity your project produces.
As the owner of a renewable energy project, your responsibilities will include:
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sourcing and purchasing your own equipment
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advising your neighbours and municipality
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arranging for project financing
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obtaining all necessary approvals
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hiring qualified contractors to install your equipment
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arranging for safety inspections
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working with your local distribution company to connect your project to the grid
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obtaining and maintaining a microFIT contract
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paying for ongoing operating costs and account fees.
Some of the benefits of owning your own project could include:
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having control over your own project
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receiving payments directly for the electricity produced.
Some of the risks of owning your own project could include:
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being responsible for all ongoing project costs
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dealing with equipment you have purchased that does not perform as well as expected
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being responsible for the costs associated with substandard equipment or installation.
Installation
Many people who own their own microFIT project hire an installer to help them through the process.