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ADVANTAGES OF NET METERING PROGRAM

By September 24, 2018blog, Solar

We all know that the Ontario government’s Feed in Tariff programs had been phased out but many do not know that Ontarians can still install solar panels and connect them to the grid under Net Metering program.

The Net Metering program provides Ontarians with the opportunity to optimize their energy usage and generate the electricity needed with solar panels on their rooftops. From start to finish, a typical Net Metering installation takes two to three months and New Dawn Energy takes care of the entire process for you from initial assessment to commissioning with skills and professionalism.

New Dawn Energy designs and installs Net Metering systems that allow you to use the electricity from the solar panels to reduce or eliminate your dependence on the utility company. The amount of electricity you can generate depends on the number of panels your roof can accommodate.

You will receive credit for your excess solar electricity production and you can use the credit when there is not enough electricity production from your solar system to get the electricity from your utility company. This means you only pay when your solar electricity credit is less than the electricity power supplied by the utility. The credit your solar power system produce can be carried forward for up to a year.  This means you can create credit during summer months when your solar power system produce more electricity and use during winter months when you solar power system produce less electricity.

Net Metering program allows to integrate energy storage with your solar power system. When energy storage is integrated into your solar power system you get to use most of the electricity your solar power system produce. Energy storage system can also help to reduce peak demand thereby reducing demand charges, provide backup power for you during blackouts and help to buy electricity at lower price time for using at high price time.

New Dawn Energy’s Net Metering system is constructed with high quality durable components from tier-one manufacturers. The components we choose to use are the best in their category hence give you the ability to produce maximum electricity from your roof area and without regular maintenance requirements.

The City of Toronto offers Torontonians Home Energy Loan Program (HELP), which is a low-interest loan program to cover the cost of new rooftop solar power systems and other energy efficient technologies. In addition to low-interest rates low as 2%, repayment terms can be up to 15 years and the loan can be paid off at any time without penalty. If you sell your home and don’t want to pay off the loan, the new homeowner can assume the payments and enjoy the savings from the solar power system.

If you would like to know more about New Dawn Energy’s Net Metering solutions or energy storage solutions, or would like a free quote, contact us by clicking here and submitting the form or give us a call at 416-855-9377.

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Phone: 416-855-9377