Selling Solar Energy Back To The Grid Ontario

The solar panels on mike brigham s roof in toronto allow him to sell power back to the grid.

Selling solar energy back to the grid ontario.

Some 800 000 householders. Lower their bills by selling the energy they do not need to their supplier. When your grid tied solar energy system produces more power than your home needs you can send that excess energy back to the grid. Check with your state and utility company.

Over 40 states allow for some kind of net metering translation. Here s how you can sell electricity back to the grid. This information is outdated. 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.

That s right for savvy consumers solar energy can both save and earn all at the same time. He says solar provides power when ontario most needs it when the sun is hot and air conditioners. 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. New information will be posted shortly.

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. The 11 cents paid for wind power and small hydro may be profitable they say. 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. If you are interested in generating electricity from renewable resources and wish to either sell this energy or to earn credits toward your energy bill the government has in the past few years introduced several separate initiatives.

New rules give households right to sell solar power back to energy firms. 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. Households that generate electricity through residential solar projects can receive checks from the power companies for excess energy sent to the grid.