Excerpt
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.
As the Ontario Energy Board (OEB) announces changes in electricity prices, households, small businesses, and farms are faced with a timely decision. Effective November 1, these adjustments impact both Time-of-U...