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Installing a solar energy system is a smart investment, but many property owners overlook the crucial aspect of insurance. What happens if your installer goes out of business or your system isn’t properly supported over its 40-year lifespan? Are you prepared to protect your solar investment?
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Net metering in Ontario allows homeowners with solar energy systems to earn credits for excess energy generated and sent back to the grid, reducing their electricity bills. Solar panels generate energy, which is used to power the home, and any surplus is converted into credits for future use. This system helps lower reliance on the grid and offers financial benefits, especially during periods of lower solar generation.
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Are you maximizing your solar energy savings in Ontario? The new Ultra-Low Overnight Rate could be the key to enhancing your solar credits and lowering your energy costs. Curious how this new rate structure can impact your investment?
When it comes to residential solar, many homeowners aim for a system that meets as close to 100% of their current power consumption as possible.