Quote:
Originally Posted by cscmc1
Surely the energy co. doesn't pay the same rate for your surplus energy that you pay them for their power, so there *does* seem to be a benefit to storing power in some way. Maybe the battery (or other power storage) technology will catch up and make solar power more cost effective soon!
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In Ontario the power company will actually pay you *more* for the power you sell to them than they charge you for their power. I don't remember the exact rate, but it is significantly more. It is cheaper for them to buy it from you when you have extra than it is for them to invest in new infrastructure to produce it themselves.