ABOUT SOLAR
- Globally, solar is the most cost-efficient energy source
- Solar panels can be recycled after decades of use
- Between 2009 and 2019, the price of electricity from solar dropped by a staggering 89%
- Average annual hours of sun:
Kamloops: 2080
Kelowna: 1949
Revelstoke: 1583
Victoria: 2109
Prince George: 1918
Prince Rupert: 1242
What is net metering?
Net metering (aka self-generation) allows you to use your solar panels to put energy back into the grid and gain credit! Here's how it works:
- During the day, your home runs on the energy your solar panels produce.
- At night, you tap into the grid for power.
- Any excess energy your panels generate during the day goes back to the grid — and you get credits for that energy! These credits can help offset your energy bill, making your solar investment even more worthwhile.
But here's the game-changer: Adding a solar battery allows you to store excess energy during the day and use it at night instead of drawing from the grid. This means even fewer utility costs and more savings in your pocket! Plus, you're less dependent on the grid during peak hours, where electricity prices can spike during the tiered rate time-of-day pricing.
Not only are you helping the planet, but you're also helping your wallet.
Learn more about net metering here: Self generation
Learn more about time of use here: Residential tiered rate with time-of-day pricing
Why go solar?
Environmental Benefits
Solar energy is a clean, renewable source that reduces greenhouse gas emissions and dependence on fossil fuels, helping to combat climate change and promote sustainability.
Cost Savings
With the decreasing cost of solar technology and various incentives, such as government rebates and tax credits, many homeowners can significantly lower their electricity bills. Additionally, solar energy systems can increase property values.
Energy Independence
By generating their own electricity, homeowners can reduce reliance on the grid, providing greater energy security. This independence can protect against the inflation of energy prices and potential outages.
GLOSSARY
Photovoltaic Panel (PV): These are the panels installed on your roof that capture sunlight and turn it into electricity. The process is called the photovoltaic effect.
Inverter: A device that converts the electricity from solar panels (Direct Current or DC) into the type of electricity used in homes and businesses (Alternating Current or AC).
Kilowatt-hour (kWh): A unit of energy measurement. It tells you how much electricity you use over time. For example, if you use 1,000 watts for 1 hour, that's 1 kWh of energy. The average household British Columbia uses between 7,000 and 17,000kWh of electricity per year.
Grid-Tied Solar System: This is when your solar panels are connected to the local power grid. If your solar panels produce more electricity than you need, the excess power flows back into the grid, and you might receive credits on your electricity bill. This type of system does not require any batteries.
Net Metering (or self-generation): A system that allows you to send extra solar power back to the grid in exchange for credits. You can then use those credits when your solar system isn't producing enough power, like at night.
Off-Grid Solar System: This system is not connected to the power grid. It's often used in remote areas and usually includes a solar battery to store energy for later use.
Solar Battery Storage: A system that stores extra energy generated by your solar panels. This energy can be used when your panels aren't producing power, like at night or during cloudy days.
The Electrical Power Grid: An interconnected network for electricity from suppliers to consumers. It consists of generating stations that produce electrical power, high voltage transmission lines that carry power from distant sources to demand centres, and distribution lines that connect individual customers.
Electric Utility Company: A company that provides electricity to homes and businesses. They manage the power lines and deliver electricity to your property.
Solar Panel Efficiency: How well a solar panel converts sunlight into usable electricity. The higher the efficiency, the more energy it generates from the same amount of sunlight.
Solar Power System Size: This refers to the amount of electricity a solar system can generate. It's usually measured in kilowatts (kW). The size of the system you need depends on your energy usage and available roof space.
Solar Installation Cost: The upfront cost to install a solar system. This can include the cost of the panels, inverter, wiring, installation, and permits. The cost may vary depending on the size of the system and location.
Solar Incentives & Rebates: Financial incentives or rebates offered by governments or utility companies to help reduce the upfront cost of solar installations. These can include tax credits or performance-based incentives.
Energy Independence: A benefit of solar power that means reducing or eliminating reliance on external electricity sources. With solar, you can generate your own electricity.
