Kinvato Solar

The new ITC, in practice will only benefit large hydro users in Alberta & Ontario – and especially AB . These provinces have the highest rates of hydro in Canada and among the highest in continental North America. Manitoba and Quebec have the lowest rates of hydro in Canada and among the lowest in continental North America. (Water hydro). In fact, even if solar/battery equipment prices fell 40 % from today, the ROI would still be too low to warrant any investment. Given the structure of hydro prices in the other Provinces, solar/battery-based system could be a solution, however, they do not offer the same credits as AB, are too small (population), or have poor solar irradiation map(s). They would be however, ideal for the suite of Phase Change Materials. Every Province (and all US states) includes demand pricing in the hourly price based on volume-except for Ontario. Ontario charges all users the commodity cost and then Global Adjustment ( GA) costs based on volume for Class “B” and a capacity allocation model for Class “A” . Thus, you will note that there are different solutions to lower hydro costs in Ontario based on your end user classification. In addition to the 30% Federal

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