Following consultations with the solar industry, SaskPower has revised their Net Metering Program to create more long-term certainty for those participating in the program.
The program will now allow up to 16 megawatts of electricity to the province’s grid that is both renwable and carbon neutral. Dustin Duncan, Minister Responsible for SaskPower, said this will support the Crown Corporation’s goal of reducing emissions by 40 per cent by 2030.
As stated by SaskPower, the Net Metering Program allows customers to generate up to 100 kilowatts of power to decrease their monthly power bills and get credit for the excess power they generate. With the new revisions, banked credits will now last for three years opposed to one and customers will be able to sign a 10 year contract, up from a two year contract previously, something that SaskPower said will provide more long-term certainty for participating customers.
Currently there are approximately 1400 customers on the Net Metering program with a total capacity of just under 14 megawatts. The revised program has been approved until November 2021 or until it reaches the cap of 16 megawatt cap.
SaskPower stated they will continue to offer a rebate up to $20,000, or 20 per cent of equipment and installation costs.