REINDEER RENEWABLE ENERGY PROGRAM @Hydro One Remotes
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TWO TYPES OF RENEWABLE PROJECTS AVAILABLE • Production of renewable energy “nets” or offsets building energy use • Customer/owner enjoys lower energy bills • Currently a typical net metering installation is on a Standard ‘A’ Community-owned building (school, water treatment plant, etc.) as these buildings offer the highest rates As of May 1, 2016, over 250 kWh: – Air Access – 97.69 cents/kWh – Road/Rail – 67.56 cents/kW • Projects must be sized according to the facility’s load and may not exceed 50% of annual energy consumption Stand-alone • Payments are made for kWh injected into Remotes’ system • kWh rate is based on 3 year historical average cost of fuel per kWh (avoided cost of fuel) specific to that community • 2016 rates range from 24.8 cents/kWh to 70.7 cents/kWh with most communities in the 40 cent range • Customer/owner gets paid quarterly @Hydro One Remotes Must use a renewable resource Must have First Nation participation/support (if in a First Nation community) Project must be sized according to the electrical needs of the community and to the kW size of existing generation in the community FOR MORE INFORMATION CONTACT REMOTES CUSTOMER SERVICE AT 1-888-825-8707 OR [email protected] “Net” Metering REINDEER RENEWABLE ENERGY PROGRAM
Transcript of REINDEER RENEWABLE ENERGY PROGRAM @Hydro One Remotes
TWO TYPES OF RENEWABLE PROJECTS AVAILABLE
• Production of renewable energy “nets” or offsetsbuilding energy use
• Customer/owner enjoys lower energy bills• Currently a typical net metering installation is on a Standard ‘A’ Community-owned building (school, water treatment plant, etc.) as thesebuildings offer the highest rates
As of May 1, 2016, over 250 kWh:– Air Access – 97.69 cents/kWh– Road/Rail – 67.56 cents/kW
• Projects must be sized according to the facility’sload and may not exceed 50% of annual energyconsumption
Stand-alone
• Payments are made for kWh injected intoRemotes’ system
• kWh rate is based on 3 year historical averagecost of fuel per kWh (avoided cost of fuel)specific to that community
• 2016 rates range from 24.8 cents/kWh to 70.7 cents/kWh with most communities in the 40 cent range
• Customer/owner gets paid quarterly
@Hydro One Remotes
Must use a renewable resource
Must have First Nationparticipation/support (if in a First Nationcommunity)
Project must be sizedaccording to the electricalneeds of the communityand to the kW size ofexisting generation in the community
FOR MORE INFORMATION CONTACT REMOTES CUSTOMER SERVICE AT 1-888-825-8707 OR [email protected]
“Net” Metering
REINDEER RENEWABLEENERGY PROGRAM
