Home microgeneration receives boost
RSA Canada has launched a new insurance policy for homeowners and small businesses that generate their own renewable energy.
The policy covers renewable energy equipment against all risks of direct physical damage and loss of income up to $5,000. It is designed for participants in the Ontario government's microFIT program which encourages small renewable energy projects, generating up to 10kW of electricity.
microFIT participants receive a fixed price for the electricity they generate. Prices are guaranteed for 20 years and cover the costs associated with purchase, installation, connection, operation and maintenance. This ensures a profitable return on investment througout the course of the contract.
Find out more about microFIT
