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Ontario announced a historic $10.9 billion energy efficiency plan to revolutionize energy accessibility with rooftop solar panels and battery storage rebates. It’ll empower families and businesses to reduce costs, achieve energy independence, and contribute to a sustainable future.
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Winter months bring shorter days and colder weather, leaving many Ontario homeowners wondering if solar panels are worth it during this season. Net metering benefits solar system owners by balancing summer surplus energy with winter consumption. Curious how it works and why it’s a game-changer for your electricity bills?
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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.
When you look into buying a solar system, it is impossible to read articles and frequently-asked-questions across the internet and not come across the topic of net-metering.
After reading through endless pages, you’re probably wondering: is it for me?
First, let’s start with the basics.