Net Metering

What is Net Metering:
Net Metering allows you to send electricity generated from renewable sources such as SOLAR to the electrical grid for a credit toward your energy costs.

How does it work:
Your utility will subtract the value of electricity you supply to the grid from the value of what you take form the grid. What you’ll see on your bill is the “net” difference between those two amounts.
Net Metering Means:
If you supply power that is worth more than what you take from the grid over the billing period, you’ll receive a credit that can help lower lower future energy bills.
“The more electricity you produce, the greater the savings.”

How will my bill be calculated?:
Your local utility will continue to read your meter just as they do now. The bill you see will reflect the difference between the value of the energy you exported to the grid and the value of the energy you needed to take from the grid.

Regulated Charges (such as delivery charge)
Apply only to your net consumption. If that portion of your bill is zero, or a credit, your bill will include only your distributor’s fixed monthly customer charge. And if you have more credit than you can apply to one bill you can carry the balance forward for up to one year to offset future costs.

Who’s Eligible for Net Metering?:

Net metering is available to any Ontario customer who generates electricity primarily for their own use from a renewable source (wind, water, SOLAR, or agricultural biomass), using equipment of maximum cumulative output up to 500kW in size.

Your utility will subtract the value of electricity you supply to the grid from the value of what you take from the grid. What you’ll see on your bill is the “net” difference between those two amounts. Net metering means you no longer need to purchase expensive batteries or a backup generator – or factor those costs into the price of installing a renewable energy generation system