Posted by Admin on January 29, 2013
In 2005, the provincial government introduced net metering regulations that allow Ontario homeowners to send electricity generated from renewable sources such as solar energy to the province’s grid for a credit towards their hydro costs. The more electricity your system produces the more savings you receive!
Electricity companies frequently argue that participating in net metering programs can affect the customer’s bottom line because such participants do not generate or pay enough to maintain the cost of the grid. However, other reports show that net metering is actually beneficial to utility companies. Through net metering, utility companies avoid high energy costs and line losses as well as capacity upgrades and transmission costs.
In the United States, as part of the Energy Policy Act of 2005, all public electric utilities are now required to make net metering
available to their customers upon request. In Canada, seven provinces offer net metering programs. They are Ontario, Quebec, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, and Prince Edward Island.
With net metering your hydro bill will show the difference between the amounts of energy your solar PV system exported and the amount of energy your household consumed. All of the regulated charges such as delivery charge, regulatory charge, and debt-retirement charge apply only to your net consumption. Logitest Solar offers a variety of solar panels so that any rooftop can be used for the net metering solar PV project. Our team of specialists will design a solar PV system best fitted into the available roof space for the maximum production and an appealing look. We will make sure that your solar PV system meets all the requirements of your local distribution company (LDC), the electrical safety authority (ESA), and the local municipality.