Lock in Low Electricity Prices with OREC
Stabilize your electricity bills by buying the clean electricity generated by a solar system on your property. The system – installed and owned by OREC – allows for prices to be locked in for 30 years. Solar power rates are currently competitive with grid electricity prices with predictable escalation that is much less than the grid.
What is Net Metering?
Net Metering, as defined by the province of Ontario, is implemented by the local distribution company (i.e. Hydro Ottawa or Hydro One). It allows for the generation and self-consumption of electricity on a property. Any form of grid-connected renewable electricity generation can be net metered. Read more below.
Is Your Property a Good Candidate?
Any commercial or institutional customer with a space (roof or ground) for solar generation and a demand for electricity in the summer should consider net metering.
Contact us today!
Complete this form to have an OREC representative contact you about the opportunity to save on your electricity bills.
Current Net Metering Policy
Hydro Ottawa allows a net metering customer to generate electricity for their own use from a renewable energy source such as wind, water, solar, biogas, or biomass. Batteries can also be part of a net metered system. There is no size limit on the generation facility. Credits are accumulated for every kWh generated and given a dollar value based on the customer’s rate class and on when the electricity is produced. These credits are then used to offset the electricity charge portion of a customer’s electricity bill not the delivery, fixed, or demand charges. Excess credits can be carried forward for one year.
Hydro Ottawa fees to set up a net metering account include the cost of a new meter, an account setup charge, an $18 monthly service charge and, in some circumstances, an administration charge.
Read the complete Net Metering Report (1.4 mb PDF) produced by the Ottawa Renewable Energy Co-operative with support from the City of Ottawa.