Selling Solar Energy Back To The Grid Ontario

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.

Selling solar energy back to the grid ontario.

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

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. The 11 cents paid for wind power and small hydro may be profitable they say. This information is outdated.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.

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. Some 800 000 householders. 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.

He says solar provides power when ontario most needs it when the sun is hot and air conditioners.