Net metering is the process through which electricity consumers generate their own electricity on-site using a renewable energy source. Users are able to send excess power generated back to the grid, allowing the receipt of credits towards your electricity bills to be used when electricity needs to be pulled from the grid in times of low power generation on-site.
Local utilities are required to accept a certain level of net metered energy production, and many utilities are encouraging the installation of net metered renewable energy at higher levels than the minimum required. We will work with you and organize all required permitting and stakeholder engagements in order to help you achieve your financial goals and sustainability targets.
Not only does net metering allow you to better control the electricity usage on-site, but it will save you money in the long run. Given the continued increasing costs of electricity in Ontario, generating electricity through renewable power generation allows customers to accurately predict their electricity costs over the life of the technology, while generating electricity at a lower cost than traditional electricity consumption over time. As such, we encourage interested organizations to reach out to us; we’re here to help you and your organization take control of your electricity bills.
O.Reg. 541/05 states that any user of electricity in the province of Ontario is eligible to own their own renewable energy generator and use electricity produced from that source on-site.
Any excess electricity is fed into the electrical grid and credited to the owner’s account to be used within one year.
Any demand beyond what the wind turbine(s) and/or solar panels is producing at that moment can be pulled from the grid, using up previously earned credits.
Renewable energy will not have any negative impact on the reliability of your electricity, due to the ability of the local utility to balance it with electricity from the grid.
Are you interesting in taking advantage of this exciting opportunity? Need a little more information? Feel free to reach out to us, we’d be happy to speak with you.