Net Metering
How Net Metering With Hydro In Toronto Works
Net metering is one of the biggest reasons solar pays back faster in Ontario. Here is the short version of how it works with your hydro utility.
Net metering is one of the biggest reasons solar pays back faster in Ontario. Here is the short version of how it works with your hydro utility.
Watch on YouTube: How Net Metering with Hydro in Toronto Works 2024 · Published May 6, 2024 · Subscribe to Terawatt Solar
With net metering, your solar system sends the power you do not use back to the grid, and your utility credits you for it. When your panels are not producing enough, such as at night or in deep winter, you draw on those credits instead of paying full price. You are billed on the net difference between what you sent and what you took.
Summer production usually exceeds a home's use, and winter production falls short. Net metering lets summer surplus offset winter shortfall, which keeps year-round bills low and helps a system pay for itself sooner. In the video's words, it helps homeowners expedite their return on investment and save thousands on their electricity bill.
Net metering has trade-offs with some rebate programs, so the right path depends on your home. Our full guides cover how net metering works and net metering in Toronto.
We model net metering against the rebate route in every proposal. Start with a free assessment, or read how net metering works in Ontario.
