City of Saskatoon Or Saskatoon Power, whose incentives are for you? Check now

City of Saskatoon Or Saskatoon Power, whose incentives are for you? Check now

Let’s think about the previous part a little bit!

Before starting something new it becomes important to recap what you learned previously. Keeping that in mind, let us help you recall the previous part. It focused on an important part of the solar installation i.e. the permitting process. Check that out and find the answers to your questions. 

What to expect from the blog?

The City of Saskatoon and Saskatoon Power, none of them has left room for dissatisfaction for their consumers. They set pretty affordable utility rates but some might find it a burden on the pocket when written on the electricity bills.

To make their customers feel relaxed, they offer certain incentives and rebates that can bring down the utility rates significantly. Let’s take a look at them. 

Overview of financial incentives offered by the City of Saskatoon and Saskatoon Power

City of Saskatoon

The City of Saskatoon or SL&P brings three major incentives to the table as follows: 

  • Small Power Producers Program.
  • Net Metering Program.
  • Behind-the-meter Program.

Let’s break down these programs for a better grasp of them.

  • Small Power Producers Program. 
  • This program has been crafted to support and cater to small utility producers. This incentive welcomes all those who wish to generate energy sustainably and are willing to sell the excess produced electricity to Saskatoon Light & Power. 
    There exist dual situations wherein an individual may apply for this rebate and those are: a) Either the owner generates electricity for personal consumption and is willing to sell the extra produced to SL&P or, b) The owner produces energy with the sole purpose of selling it all to SL&P.   
    However, note that in either scenario, the owner doesn’t receive any credit from SL&P. It purchases electricity at a fixed rate [i.e. determined by the Bylaw no. 2685]. The latest electricity purchase rate is somewhere near $ 0.114846/ kW. 
    As nothing is set in stone neither are these rates! They tend to change gradually as time passes, owing to various factors like market conditions, policies, costs, etc.  
  • Net Metering Program.
  • This program is geared towards the residential aspect more. Households can produce electricity for the sole purpose of meeting their energy needs. If they discover that their system is producing excess electricity, they can choose to sell it to SL&P in return for credits. These credits can then be utilized to reduce their electricity bills.
  • Behind-the-meter Program.
  • The behind-the-net meter program is specially crafted for those who wish to generate more than 100 kW of electricity for personal use. The owners must ensure that no excess electricity is left when more than 100 kW is generated. All the production shall be self-consumed.

For detailed information check out SL&P’s official website: City of Saskatoon

Saskatoon Power

Unlike the City of Saskatoon, SaskPower offers the one and only Net Metering Program. The customers of both the City of Saskatoon and SaskPower have to apply for this program through SaskPower. 

Under this program, you can generate clean energy for personal consumption, and if there is any excess energy, you sell it to SaskPower and earn credits as a reward. These credits are then applied to the utility bills and your electricity costs get reduced. 

Considering Net Metering to save money on your power bill? Here’s a breakdown of how it works and what you should keep in mind while enrolling for it.

Getting Started:

  • First thing first, make your home energy efficient. This not only reduces the size of the solar system you'll need but also ensures you get the best value for your investment.
  • Understand your energy consumption patterns by tracking your monthly power use. Creating an online account can simplify this process.
  • Research your options thoroughly. There's a wealth of information available online to help you determine if solar power is the right choice for you.
  • Talk to multiple suppliers to get quotes and understand the size and cost of the solar system that suits your needs.

Understanding the Program:

  • The program allows projects of up to 100 kW (dc) in size, tailored to match your energy consumption.
  • Credits earned through the program can only offset your energy charges and cannot be redeemed for cash.
  • Review the User Guide and Terms and Conditions for a better grasp about the program.

Installation Steps:

  • Obtain the necessary permits before starting your project.
  • Submit detailed plans for installing your net metering project.
  • Ensure compliance with interconnection requirements to avoid delays in project approval.

Costs Involved:

  • Program costs include a non-refundable Interconnection Study Fee of $315 (GST included) and electrical permits and inspection fees.
  • Interconnection costs, starting at $498.75 (GST included) for a bi-directional meter, are the responsibility of the customer.
  • Additional costs may arise for system modifications, larger power service, or transformer upgrades, which customers are responsible for.
  • System costs include equipment, contractor/electrician fees, and related expenses.

Pricing and Credits:

  • If you produce more electricity than you need and sell it back to the grid, you'll get paid 7.5 cents for every kilowatt-hour you sell until March 31, 2026.
  • When using power generated by your system, you're charged at your standard retail rate.
  • Credits still left to use can be carried forward on your bill until you take action to relocate or terminate your account but cannot be refunded.

What did we cover this time?

We saw how both the City of Saskatoon and Saskatoon Power offer enticing incentives for solar installations, aiming to reduce utility costs and promote sustainable energy solutions. 

The City of Saskatoon presents three distinct programs, including the Small Power Producers Program, Net Metering Program, and Behind-the-meter Program, tailored to various energy generation needs.

Meanwhile, Saskatoon Power provides the Net Metering Program, simplifying the process for residents to generate clean energy and earn credits to offset electricity bills. Whether choosing Saskatoon Power or the City of Saskatoon, residents have access to valuable incentives, contributing to a greener and more cost-effective energy future.

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