Who is AGRIS Solar?

Overview

Benefits of Membership

Overview of the Co-operative Arrangement

The following is a general description of the AGRIS Solar Co-operative:

  • Each member will purchase a common share in the Co-operative.
  • Each member will make a preferred equity investment in the Co-operative.
  • The Co-operative will arrange the debt financing required and will own the solar units.
  • Each solar unit will be placed on an eligible property of the member and the power generated will be sold to the Ontario Power Authority through the microFIT program.
  • The member will be paid a license fee for the use of the land where the solar unit is placed.
  • Each member will benefit from a return on his invested capital via profits of the Co-operative which will be shared proportionately among the members.