Yesterday was a great day when I checked my email and found that the OPA had offered me the final Contract that will pay me 80.2 cents/kWh for the next 20 years. This is the MicroFIT contract in Ontario.
My connection date to the grid was December 3rd so Any power generated since then will be eligible for payment.
I accepted the offer which requried information on the Ontario content rules. I only needed 40% content rule because my conditional contract was from 2010. New content rules for 2011 I believe are 60% Ontario content. I will elaborate more on this in the future!
It took about 7 weeks (plus the Christmas break) to get my local distribution company (LDC) and a couple emails to LDC to get them to send the OPA my connection information and then another week for OPA to finalize the contract and offer it to me.
So, I guess that means that I just have to wait because the cheque should be in the mail soon!
Showing posts with label OPA. Show all posts
Showing posts with label OPA. Show all posts
Wednesday, January 19, 2011
Saturday, January 15, 2011
Do I use the power I generate?
This is one of the first questions that people ask when they find out that I have solar panels. They want to know if I generate enough power to power my house.
My answer is always the same, "I don't use any of it, I sell it all". This usually catches people off guard because they assume that the intent is to be 'off the grid' so to speak. This while has benefits such as self sufficiency, and the ability to have power if there were ever another black out, but is really not very advantages because of the government of Ontario's MicroFIT program.
This program essentially makes it foolish to use any of the power because the Ontario Power Authority (OPA) is willing to pay 80.2 cents/kWh and KW Hydro only charges 6.5 cents/KWh at the moment. The other benefit is that I don't need to store any energy via batteries so the cost is lower to get going. So, the long and short of it is that all power generated is sent directly to the power grid!
In the future, I will be talking much more about this contract that I have with the OPA and the benefits and drawbacks that are sure to encounter along my journey.
My answer is always the same, "I don't use any of it, I sell it all". This usually catches people off guard because they assume that the intent is to be 'off the grid' so to speak. This while has benefits such as self sufficiency, and the ability to have power if there were ever another black out, but is really not very advantages because of the government of Ontario's MicroFIT program.
This program essentially makes it foolish to use any of the power because the Ontario Power Authority (OPA) is willing to pay 80.2 cents/kWh and KW Hydro only charges 6.5 cents/KWh at the moment. The other benefit is that I don't need to store any energy via batteries so the cost is lower to get going. So, the long and short of it is that all power generated is sent directly to the power grid!
In the future, I will be talking much more about this contract that I have with the OPA and the benefits and drawbacks that are sure to encounter along my journey.
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