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produces over a long time period, it is easy to calculate how long it would take to generate enough electricity to offset the cost of the system. That is the (simple) payback time. Most systems come with a 25-year warranty and have life expectancy of 35-40 years! You can even add some batteries and never be without power! Another great benefit just for participating in the Net-Metering “Green” program, it instantly eliminates “Time of Use” billing (TOU). No more on Peak or Mid Peak charges. Net metering customers will enjoy the benefit of paying the same price for their electricity regardless of time of day. This is known as Tier pricing. For more information on Net-Metering programs go to www.hydroone.com/business-services/generators/netmetering.
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subtract the value of electricity you supply to the grid from the value of what you take from the grid. What you’ll see on your bill is the “net” difference between these two amounts. If you supply more power than what you take from the grid over the billing cycle, you’ll receive a credit toward future energy bills. The credit can be carried forward for up to 12 months. With Net-Metering, each kWh your solar array produces offsets a kWh you would otherwise have to buy from your electrical company. So it offsets the cost of that kWh. For most people that cost is around 27 ct/ kWh by the end of 2018 (just take your last electrical bill, and divide the total cost including tax etc. by the total kWh’s that were sold to you to find your cost per kWh). Since solar PV is very predictable in what it
19+ EVENT
UNTIL
SAT. AUGUST 11 12PM 6PM
PALMER PARK PORT PERRY
$20 ADVANCED ADMISSION FEE INCLUDES 3 SAMPLE TOKENS
www.portperrycraftbeer.ca
For all your boating needs.
Boat cleaning and detailing
one of the many ways we can help you shine on the water this season! Rob Owen Leo Groenendyk
Joe Staples
www.mechanicsonthetrent.com info@mechanisonthetrent.com
705-341-3077
Located at the Moorings Marina, 327 Snug Harbour Road, Lindsay
July 26, 2018 - The Kawartha Promoter
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