Ontario Net Metering allows you to store the extra electricity your solar system as credits that it sends back to the grid. It lowers your power costs and makes your home more efficient. If you want to save on bills and use cleaner energy, net metering and solar power are great options.
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Net metering in Ontario is a simple way to make your solar energy work for you. This means, when your solar panel installation in Ontario produces more power than you use, the extra energy goes back to the grid. Your utility gives you credits for that energy. Later, when you need more power than your panels produce, you use those credits to reduce what you pay, and it holds them for up to 12 months.
This system lets you track the difference between what you send and what you take from the grid over time. You only pay for the net amount of electricity used. For many homes, net metering cuts bills because most excess energy is created in the day, and most use happens in the evening. To use net metering, you need to get a two-way bi-directional meter installed for your solar system sized for your home. Once set up, you start earning credits and lowering your bills.