Solar Net Metering

Is Solar Net Metering right for my business?

Watch this fun, three-minute video to learn if solar net metering is a good fit for your Ontario-based business.

Solar net metering can generate a return of + 25%.

Tax savings combine with electricity cost savings.

Capital costs for a solar PV system can be written off in a single tax year. A solar PV system generates electricity savings for decades.

Here’s how it works.

A net-metered solar photovoltaic system produces electricity which you consume in your business.

Every KWh of solar electricity you generate is a KWh you don’t need to buy from the local utility.

We use the electricity grid as a ‘battery’ to store energy when you produce more solar electricity than you consume. Solar-generated electricity you feed to the grid is credited against your future consumption, and you pay the utility on a ‘net metered’ basis – your consumption from the grid less whatever you generate.

Because solar power is cheap, and because electricity from the grid is  expensive, solar net metering is an exciting investment opportunity.

A Superior Investment

Solar net metering can generate a return of + 25%.

Tax savings combine with electricity cost savings.

75% of the capital costs for a solar PV system can be written off in a single tax year. The balance of the capital costs are written off at 30% per year on a declining balance basis for non-manufacturing applications, and at 50% per year, declining balance basis, where the electricity produced is used in a manufacturing process.

The federal government also provides a 30% Investment Tax Credit.

A solar PV system generates electricity savings for decades.

Here’s how it works.

A net-metered solar photovoltaic system produces electricity which you consume in your business.

Every KWh of solar electricity you generate is a KWh you don’t need to buy from the local utility.

We use the electricity grid as a ‘battery’ to store energy when you produce more solar electricity than you consume. Solar-generated electricity you feed to the grid is credited against your future consumption, and you pay the utility on a ‘net metered’ basis – your consumption from the grid less whatever you generate.

Because solar power is cheap, and because electricity from the grid is  expensive, solar net metering is an exciting investment opportunity.