Selling Solar Energy Back To The Grid Ontario

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.

Selling solar energy back to the grid ontario.

You can sell your solar power back to a utility company. 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. The solar panels on mike brigham s roof in toronto allow him to sell power back to the grid.

New information will be posted shortly. 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. Some 800 000 householders. This information is outdated.

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. The ontario government is taking steps to promote the development and use of renewable energy. The 11 cents paid for wind power and small hydro may be profitable they say. 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.

Lower their bills by selling the energy they do not need to their supplier. He says solar provides power when ontario most needs it when the sun is hot and air conditioners. That s right for savvy consumers solar energy can both save and earn all at the same time. When your grid tied solar energy system produces more power than your home needs you can send that excess energy back to the grid.

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.