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View Full Version : Earn 5% investing in community solar power


Jon Silver
16th January 2017, 10:43
Hi Everyone,

I'm new to the community and (having had Rob Beckers' approval) I wanted to share some info about SolarShare.

SolarShare is Canada’s largest not-for-profit solar*energy co-op. We build commercial-scale solar systems throughout Ontario. Once the systems are completed and generating revenue, we refinance them with community investment—Solar Bonds—from Ontarians like you.

Our co-op membership consists of*over 1,275 individuals and organizations who have invested over $21 million in solar installations.*SolarShare*investors have earned over $1.5 million in interest so far, all while supporting the production of clean, green energy.
*
By purchasing Solar Bonds, here’s what you’re doing: You’re lending us money so we can repay the construction costs of*systems that have already been built and are generating revenue. Solar Bonds allow us to take our renewable energy future into our own hands. Together, we’re changing how energy works in Ontario.*
*
You can buy into clean energy with*two Solar Bond options:*

• 5-year term, 5% fixed interest per year,*principal paid at maturity in 2021,*$1,000 minimum (RRSP and TFSA eligible)
• 15-year term, 6% fixed interest per year,*self-amortizing, matures in 2031,*$10,000 minimum
*
Everything you might want to know about*SolarShare*Co-operative and the investment is on our website,*solarbonds.ca. Or you can respond in this thread or send me a private message.

Cheers,

Jon

Nate Smith
30th January 2017, 01:20
Hi,
Great news for individuals who are residing in Ontario, Canada and planning to install solar panels at their homes.
Thanks!!

Jon Silver
30th January 2017, 12:58
It sure is! Thanks Nate! You can find more info on our website, www.solarbonds.ca

Dave Schwartz
31st January 2017, 09:31
Yes, it should work.

Putting up rooftop solar at my home has been probably the best secure investment I've ever made. Commissioned in Aug 2010, the revenue paid back costs in Oct 2015. Contract runs until 2020 and total projected revenue then will be 3x initial cost (including that the residual value will be zero - i.e. no capital to recover). Before tax, that seems to be around 15% annual rate of return.

Although Ontario has suspended issuing new contracts (we're already oversupplied with electricity and exporting to neighboring jurisdictions at fire-sale prices which enables them to take our manufacturing industries away) there should still be enough existing contracts to buy-out at sufficient discounts to pay 5 or 6% to bondholders.

Green Match
5th May 2017, 06:20
I think Solar Electricity is making a huge contribution to the way energy is conserved. With the development of Smart Cities, they'll be producing more ways on producing electricty for the city and redistributing it for the city. See which cities have already began their conquest to provide energy and data for cities-->[Mod: Removed gratuitous link]