Type of Incentive
Energy Credit
Type of Product
Alternative Energy Systems
Who Is Eligible
Consumers of a distributor
Description of Program
Produce some of your own power from a renewable resource and take advantage of the “net metering” initiative! This initiative allows you to send excess electricity you generate from renewable resources to the distribution system for a credit toward your energy costs. In essence, it’s a “trade” of electricity you supply against electricity you consume.
Once you’re connected to the distribution system, your local distribution company will continue to read your meter just as they do now and then 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 these two amounts. If you supply more power than what you take from the grid over the billing cycle, you’ll receive a credit toward future energy bills. The credit can be carried forward for up to 12 months.
Province/Territory
Ontario
Steps to Get the Rebate
- You must generate electricity primarily for your own use;
- The electricity must be generated solely from a renewable resource (wind, water, solar energy or biomass); and
- The maximum capacity of the generation facility can’t be more than 500 kilowatts.
- Further information may be obtained by contacting the Ministry of Energy.
End Date
Ongoing
For More Information
For more information contact:
[email protected]Web address:
http://www.ontarioenergyboard.ca/oeb/Industry/Rules%20and%20Requirements/Information%20for%20Generators/What%20Initiatives%20are%20Available
Leave a Reply