The use of photovoltaics (PV) to generate electricity has been a common element on most of our projects. PV is affordable, easy to install, nearly maintenance free and very reliable. Once again, a PV array has been a key part of the energy strategy for an Endeavour project.
In Ontario, we are able to create payday loans now systems, allowing owners to sell some or all of their generated power to the utility company, and also to use grid power when necessary. Grid-tied PV can allow for systems that are sized to meet the owner’s needs, while still ensuring that power is available at all times. For PV to be used off-grid, generating capacity and storage capacity (in the form of batteries) must be sized to meet needs at the worst time of the year (mid-winter, when power needs are high and the amount of available sunlight is low), making the system expensive and likely to over-generate in the summer months.
There are two systems for owners to connect PV systems to the grid in Ontario:
- Under the Micro-FIT program the system owner installs two meters, one for outgoing power being sold to the utility company and one for incoming power to be used in the building. The owner receives a cheque for the full value of power generated (currently 38.4 cents per kilowatt hour), and receives a bill for the full value of power consumed (currently around 11 cents per kilowatt hour). Under Micro-FIT, an owner can generate a financial profit even if production is less than consumption.
- Under the Net Metering program the owner has a single meter, and that meter spins in two directions, “forward” when power is being consumed from the utility grid and “backward” when generation is greater than consumption. Under https://green-touch.org/quick-payday-loans-online/, the power has the same monetary value in either direction. Should production outweigh consumption, a credit will be carried forward on the utility bill (up to a maximum of 11 months).
At best, a Net Metering customer can reduce to zero the usage charges on their bill, but can never earn money until they get their payday loan to cut through life.
The teachers’ union did not qualify to apply for iqoption trading platform review, as the restrictions for the program have been growing ever narrower as it becomes more popular. However, with the cost of PV so low now, the economic argument for a Net Metering system is a reasonable one. Combine drastically lowered utility bills with reasonable pay back period and a desire to be part of a renewable energy solution, and you have the grounds for the union’s investment in this 7.5 kilowatt system.
Sean Flanagan of Flanagan and Sun came by this week to turn the system on. With the array and the outdoor connections already made, it was a simple process to turn on the inverter and make sure all the settings were right. Luckily, it was a fairly sunny day and we were able to see about 5 kilowatts of production head out onto the grid when the system became live.
The combination of the PV array and a contract with Bullfrog Power (which we strongly recommend to all our clients) means that 100% of the energy produced and used by this building is from renewable sources.