This sixth video of the series on the Eco-Energy Fair is about Options For Green Energy in Toronto, Ontario, Canada. Options For Green Energy explains how community financing works for a green energy co-operative development as follows:
“In return for your loan to the co-operative, you will receive a guaranteed rate of return of 5% plus the inflation rate (up to a 5% annualized average) of the price of electricity in Toronto . This means that when the cost of electricity goes up, your rate of return will also go up. Your loan, pooled together with others, will build a large-scale green energy development in Ontario. Once built, the energy generated will be sold to the Ontario Power Authority, who is committed to paying a higher rate for green energy through the Government of Ontario’s Feed in Tariff program. The revenue from the electricity will be used to pay your return.”
The sixth video of the Eco-Energy Fair Video Series concludes our holiday special presentation which had started on Monday and ends today.
The fifth video on our Friday blog was about GreenSaver.
The fourth video on our Thursday blog was about InPhase Power Inc. – Solar Power Installation.
The third video on our Wednesday blog was about Live Green Toronto.
The second video on our Tuesday blog was about the Windfall Ecology Centre.
The first video on our Monday blog was the Introduction to the Green Neighbours 21 Eco-Energy Fair as well as the wHole in Your Home Show.
We hope you have been enjoying our holiday special presentation, Eco-Energy Fair Video Series. Did you find the series useful? We would love to know what you think about the Eco-Energy Fair videos.