Solar Panels Selling Electricity Back To The Grid Ontario

This is a fairly normal incentive built into many grid agreements that allows solar panel owners to sell back their unused solar energy to the town grid.

Solar panels selling electricity back to the grid ontario.

Households that generate electricity through residential solar projects can receive checks from the power companies for excess energy sent to the grid. For a multi apartment dwelling and commercial building owner reducing their tenant s utility bill is most likely the least concern. This information is outdated. 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.

Here s how you can sell electricity back to the grid. That s right for savvy consumers solar energy can both save and earn all at the same time. New information will be posted shortly. Over 40 states allow for some kind of net metering translation.

A more commercially oriented solar owner cares about payback time and if the utility provides net metering do they make any money by selling the excess solar energy back to the grid. 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. By way of example if a property s solar panels generate 2 000kwh of electricity in a year and the owner has a fit contract paying a fixed rate of 20p kwh for the generation tariff they will. 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.

Suomonona 13 years ago. The ontario government is taking steps to promote the development and use of renewable energy. Check with your state and utility company. 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.

Households with solar panels are to get a guaranteed payment for excess electricity they export to the grid but there will be a hiatus when people are expected to give it away for free. You can sell your solar power back to a utility company.