Commercial Solar Net Metering in British Columbia
Generate Your Own Power, Reduce Costs, and Gain Credits with Net Metering
Energy Economics empowers businesses across British Columbia to take advantage of net metering programs that make renewable energy both practical and affordable. By generating your own electricity with a solar energy system, you can reduce operational costs and earn credits for any surplus energy sent back to the utility grid. Whether you’re powering agricultural operations, commercial buildings, or community projects, net metering is a smart way to achieve energy independence.
Learn more today.
What Is Net Metering?
Net metering allows businesses to generate electricity for their own use and feed any excess back into the utility grid. When your solar energy system produces more electricity than your business consumes, the surplus energy is credited to your account. These credits can offset your future energy costs, providing significant savings over time.
Here’s how it works:
- Solar Power First: Your solar energy system powers your business directly, prioritizing renewable energy.
- Excess Energy to the Grid: Any surplus energy flows back to the utility grid, earning you bill credits.
- Grid Backup: When your system doesn’t produce enough electricity (e.g., at night or during cloudy weather), the grid supplies the additional power you need.
At your billing anniversary date, if you still have unused credits, the utility company may reimburse you for the excess electricity at the market price.
Case Study
COMMERCIAL SOLAR PV
Grasmere, BC
Energy Economics partnered with Tobacco Plains Indian Band First Nations on two solar projects for their TPIB Residences.
Total Capacity: 113.88 kW
Phase 1: A 41.1 kW solar system provided clean energy and earned credits through net metering, reducing energy costs.
Phase 2: A second 72.78 kW system expanded solar capacity, enhancing energy independence and sustainability.
Together, these projects showcase the power of renewable energy and net metering in supporting First Nations communities.
Benefits of Net Metering for Your Business
Lower Energy Bills
Offset your electricity costs with credits for surplus energy sent to the grid.
Energy Independence
Reduce reliance on external energy providers and stabilize costs.
Sustainability
Utilize renewable energy to reduce your carbon footprint and demonstrate environmental leadership.
Customized Systems
Net metering systems are designed to match your annual energy consumption, ensuring maximum efficiency and value.
How Energy Economics Supports You
At Energy Economics, we provide a full range of services to help your business transition to solar with ease:
- System Design: We tailor your solar energy system to your unique energy needs, ensuring compliance with net metering regulations.
- Application Submission: We handle the entire net metering application process, ensuring all paperwork is completed accurately and on time.
- Installation and Integration: From construction to final approvals, our team ensures a seamless installation process.
- Ongoing Support: Our advanced monitoring tools and maintenance services keep your system operating at peak performance.
Net Metering Programs in British Columbia
In BC, all utility companies implement net metering systems. Energy Economics works with both BC Hydro and FortisBC to ensure your system complies with their programs:
BC Hydro Net Metering Program
- Designed for systems with a capacity of up to 100 kW.
- Credits surplus electricity at your applicable rate, which can be used to offset future bills within a 12-month period.
- Learn more: BC Hydro Net Metering Program.
FortisBC Net Metering Program
- For systems up to 50 kW designed to offset your energy needs.
- Provides bill credits for surplus energy, with additional credits applied to future electricity costs.
- Learn more: FortisBC Net Metering Program.
Get Started with Net Metering Today
Embrace the benefits of generating your own electricity and reducing energy costs with net metering. Let Energy Economics design and implement a custom solar solution tailored to your business.
Contact us today to learn more about how net metering can transform your energy strategy.