Selling Solar Energy Back To The Grid Ontario

Net metering is a solar incentive born out of a relationship between a solar user and its utility that allows both parties to benefit from grid tied solar energy.

Selling solar energy back to the grid ontario.

You can sell your solar power back to a utility company. Alternatively you can sell electricity to the grid through the ontario power authority s feed in tariff fit program which covers wind hydro solar and bioenergy technologies. Under fit you typically sell all your electricity to the grid at the contracted price and then buy back the energy you use at market prices. According to data from national resources canada the average solar system in ontario can produce 1166kwh of electricity per kw of solar panels per year.

New rules give households right to sell solar power back to energy firms. The ontario government is taking steps to promote the development and use of renewable energy. Lower their bills by selling the energy they do not need to their supplier. This information is outdated.

New information will be posted shortly. Ontario has the fifth highest potential to produce solar energy in all of canada receiving more solar irradiation than most other provinces except for the prairies and quebec. But the 10 000 to 15 000 needed to buy a typical residential solar array means it could take 15 years to recoup the investment at the price offered to sell solar electricity back to the utility in ontario. Some 800 000 householders.

A solar feed in tariff is a credit you receive for excess solar power that your system generates and exports back to the grid feed in tariffs are typically between 9 15c per kilowatt hour kwh but the rates vary in each state and are ultimately determined by your electricity retailer. The solar panels on mike brigham s roof in toronto allow him to sell power back to the grid. The 11 cents paid for wind power and small hydro may be profitable they say. He says solar provides power when ontario most needs it when the sun is hot and air conditioners.

Rooftop solar panel owners could be getting charged fees to sell energy back to the grid by nick harmsen posted 17 m minutes ago thu thursday 16 jul july 2020 at 10 35am.