Net Metering
Overcome Limitations and Power Your Home
Net Metering in Ontario
Participants are allowed to supply self-generated electricity, from renewable energy sources, to Ontario’s electrical grid in exchange for credits toward their variable energy costs. One (1) credit is equal to one (1) kilowatt-hour (kWh).
The value of the electricity supplied to the grid is subtracted from the value of electricity consumed from the grid and the result is the “net” difference.
How will net metering help me?
A net metering system should seek to “net” all variable energy costs to zero; however, the involvement of photovoltaics allow owners the relative ease of choosing the extent of their participation and expanding their system in the future.
Credits are generated when more energy is supplied than consumed in a billing cycle. These credits will be applied to your next bill. If more credits exist than are required, they may be carried forward for up to twelve (12) months. Net metering helps people in several ways.
This can lead to significant savings on energy costs over time. Secondly, net metering encourages the use of renewable energy, helping to reduce carbon emissions and promote environmental sustainability.
Thirdly, it provides greater energy independence, allowing homeowners to generate and use their own electricity rather than relying solely on the grid.
Finally, net metering can help promote investment in solar energy systems by making them more financially attractive and accessible to a wider range of people. Overall, net metering is an important policy tool that can help individuals and communities take control of their energy needs and reduce their reliance on fossil fuels.
FAQ's about Net Metering
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Steps to Energy Independence
We offer white-glove treatment and custom-fit options tailored to your needs, making us your trusted guide in your power journey. Here's how we do it:
1. We analyze your power usage and property layout
2. We design you a custom solar and wind system
3. We install your power system with expert care.
Enjoy the reliability!