上海419论坛,上海龙凤419,爱上海 – Powered by Ivan Shamar!

SaskPowers Net Metering rebate program a victim of its own success

| 0 comments

SaskPower warning customers about text message scam Increased outages, steady rates featured in SaskPower annual report When it was announced, the program was to run until reaching a cap was of 16 megawatts or until Nov. 30, 2021. SaskPower now expects to reach that capacity in the “very near future,” some two years ahead of initial expectations.Story continues belowThis advertisement has not loaded yet,but your article continues below.Once the cap is reached, SaskPower won’t accept any new applications until a program review is completed.Because of the way the program is set up — with approvals before equipment installation — SaskPower spokesman Joel Cherry said it’s unlikely people would be caught with solar panels they couldn’t use. And going forward, there will be a minimal number of application approvals.In addition to SaskPower’s rebate program, small and medium-sized businesses are also taking advantage of federal funds that apply to solar projects. SaskPower says the average size of applications into the Net Metering program has increased by 80 per cent since July 2019, when the federal funding was announced.If the program was to continue as it is currently, the financial impact would be an estimated $54-million per year by 2025, according to SaskPower.Earlier this month, SaskPower had run into a vendor supply issue for bi-directional meters, which allow SaskPower to track power coming to Net Metering customers from the grid, and solar power going out to the grid. A SaskPower spokesman said Wednesday that the shipment has since arrived. Due to what’s been described as “unprecedented customer demand,” SaskPower will stop taking applications earlier than planned for a program that provides rebates for solar installations.“We have seen a dramatic increase in uptake in the (Net Metering) Program in recent weeks, driven in part by federal funding that applies to large Net Metering projects,” Mike Marsh, SaskPower president and CEO, said in announcing the change on Wednesday.“Going forward we will be reviewing the program to ensure it remains financially sustainable and continues to meet the needs of our customers and our company,” he said in a release.First approved in November 2018, the program offers rebates for solar installations and premium credits for surplus power. Net Metering allows customers to generate up to 100 kilowatts of power, typically solar, to decrease their monthly power bills and get credit for the excess power they generate.Related

Leave a Reply

Required fields are marked *.