should i install solar panels in my home? it depends where you live, national energy board says

by:Tunto     2020-04-20
OTTAWA—
The installation of solar panels has made a lot of sense for most homeowners in the province of SA and Ontario, but the National Energy Commission says the rich cheap hydro in Quebec and Manitoba means that solar energy may never be available in these provinces.
In Canada, the long, dark winter means that solar energy is unlikely to be the only source of electricity anywhere.
\"In the future, the country cannot operate on solar panels alone,\" said Jean-Jean, chief economist at NEB . \"
Dennis Charlie Boyce
The NEB today released a research report on the cost of solar energy compared to the current electricity price.
It has an online website where Canadians can enter their city names and find out if they have economic reasons for solar energy now or in the future.
The study, which included 20,000 communities in each province and region, examined the capacity to produce solar energy based on daylight time and cost.
The main findings of this study are that no matter how much sunlight shines, the only place where installing and running solar panels is already cheaper than paying electricity bills on the grid is where electricity prices are already high.
This is most of the places in SA province, Prince Edward Island and Ontario.
In provinces where electricity is still quite cheap
Mainly Manitoba and Quebec.
The cost of solar energy is sometimes more than double that of conventional energy, says NEB.
In the province of SA, for example, the cost of electricity is the highest in the country,
The price of solar energy is already 93 of the average cost of electricity for homeowners.
But next door to Manitoba, the cost of water and electricity is the lowest in the country, and the owner\'s solar energy price is 176 of the current electricity bill.
It\'s 223 in Quebec. Ontario’s time-of-
Daily electricity prices account for 95 of the average cost of purchasing electricity from the grid.
Charlebois said that the average cost of 5 KW solar installations is about $16,000, and it is expected that prices will drop as much as they can in the next five or 10 years.
The price of electricity from the grid is up about two cents a year.
Between these growth and rebate plans for solar installations in some provinces, solar will begin to surpass grid prices in Nova Scotia, New Brunswick, Newfoundland and Labrador over the next decade, according to NEB forecasts, Alberta and BC.
Electricity prices in Manitoba and Quebec are still low and are not expected to be competitive even if solar costs fall sharply. The B. C.
The coast and the eastern edge of Newfoundland are one of the worst places to generate solar energy because they don\'t have much sunlight.
Due to the remoteness of most communities, the cost of installing solar energy in these areas is higher, but the high cost of electricity usually generated by diesel makes solar energy costs in Nunavut and the Northwest region significantly lower.
In the long run, even homeowners who use solar power will need to use the power grid to get some of the power, because the sun doesn\'t always shine and the battery can only store power for 4 to 10 hours.
Due to different electricity prices, the use of solar energy by enterprises is slightly different.
Businesses on Prince Edward Island, Nova Scotia and Ontario may have found it cheaper to add solar panels than to continue to buy electricity only from the grid.
NEB said that in the next few years, rebate projects in the province of SA and Alberta will make solar energy more economical than traditional electricity.
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