Net Metering is another type of renewable energy program in Ontario which allows customers to reduce their hydro bill by exporting generated electricity back to the utility grid for a credit against energy consumed. Here’s how it works:
Commercial Net Metering works the same way as residential and allows commercial entities to install solar panels on the rooftops of their production facilities, offices, warehouses, industrial shops, etc. and generate electricity onsite for their use.
Commercial Solar Net Metering System in Ontario
Any surplus of electricity goes directly to the grid, and customers only pay for the difference between their total energy production and consumption over the billing period. If energy output exceeds consumption in any given month, it creates a kWh credit that carries over for up to 12 months until it expires.
Who is eligible to participate in the Net Metering program?
You qualify to participate in the Net Metering program as long as you are:
– Planning to generate electricity primarily for your use
– Using a renewable energy source (solar, wind, hydro, bio)
– Maximum size of your system is less than 500 kW
– The electricity generated gets conveyed to your consumption point without reliance on the hydro company’s distribution system
How will it affect my hydro bill?
Deduct the value of the amount of eligible electricity generated and returned to the Local utility company’s grid from the value of the amount of electricity you consumed from the system. If the result is positive, you will receive an adjustment on your monthly (or bimonthly) hydro bill. If you’ve exported more energy than you’ve consumed, you will receive a credit which will carry over into your next billing period. NOTE: Excess energy credits from previous billing cycles can carry over up to a maximum of 12 months.
Net Metering for Small Generators
How to apply for the Net Metering program
To learn more about the requirements to participate in the Net Metering program and connect your system to the grid, we strongly encourage you to contact your local solar panels installer in Ontario (or a renewable energy consultant). A qualified electrical contractor can advise you on the correct size and costs of a solar panels system, required documentation and approvals, and recommend any necessary upgrades to your existing hydro meter.
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