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Solar Net-Metering For Property Owners

 

PROPERTY OWNERS

A common principal to connect solar PV applications to the grid in Ontario is net-metering. This method allows for the system to overproduce energy during the day as well as in peak months from April to September to feed back excess solar energy to the grid. The utility will meter the excess power and credits the producer against future use when sun is available. Solar net-metering generally avoids the additional cost for energy storage, which adds a significant amount of money to the installation. On the other hand, having energy storage, provides certainty for any home or business owner at times the grid is down. This additional advantage is difficult to calculate and depends mainly on the needs of the individual who’s adopting solar panels for their property.