Ontario’s New Overnight Power Price Is ‘Rocket Fuel’ for Rooftop Solar

Posted By: EN Todayon: June 24, 2024In: Renewable Energy News

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I’m publisher of The Energy Mix, an e-digest and online archive on energy, climate, and the shift to a post-carbon economy. Also president of Smarter Shift, an Ottawa-based firm that specializes…

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Jun 24, 2024Jun 24, 2024 12:03 am GMT
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A new electricity pricing program introduced by the Ontario government will be a boon for rooftop solar, even though it was originally designed for electric vehicle owners, writes renewable energy veteran Glen Estill.

The new electricity rate, known as Ultra Low Overnight (ULO) pricing, is meant to shift electricity demand from peak to off-peak hours.

The approach is tailor-made for EVs that can get a price break for charging overnight, when system demand is low. But it also boosts the value of solar generation.

Read the rest of Glen Estill’s analysis here. Then start thinking about how it applies in your own state or province!

Mitchell Beer

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