Originally Posted On: https://readysolar.ca/how-solar-panels-help-you-save-with-bc-hydros-self-generation-program/

How Solar Panels Help You Save With BC Hydro’s Self-Generation Program

Overview

Lowering your electricity bills while reducing your environmental footprint sounds like a win-win situation, and for British Columbia homeowners, the government-led self-generation program—previously known as net metering—makes that possible. By installing solar panels and opting into BC Hydro’s self-generation program, you can generate your own renewable energy, offset your power costs, and even earn credits for surplus electricity you send back to the grid.

Ready Solar Inc will explain exactly how solar panels work with this innovative program, the financial and environmental benefits you can expect, and why now is an advantageous time to switch to solar.

Highlights

• Understanding BC Hydro’s self-generation program
• How self-generation saves you money
• Determining whether self-generation is right for you
• Who qualifies for the self-generation program
• Your path to solar and self-generation

Introduction

Thinking about installing solar panels but wondering if they’re worth the investment? BC Hydro’s self-generation program makes solar more financially viable than ever. When you generate your own solar power, you take control of your energy costs. Plus, when your panels produce more energy than your home uses, that excess power isn’t wasted—you earn credits that can lower future electricity bills.

In this blog post, Ready Solar Inc will explain how BC Hydro’s self-generation program works, how it benefits you, and why installing solar panels is a smart move for your home or business.

What Is BC Hydro’s Self-Generation Program?

BC Hydro’s self-generation program lets homeowners and businesses that generate their own renewable energy stay connected to the public utility grid. When your solar panels generate more power than you need, the extra energy goes to the grid, and you earn credits on your bill. This way, no excess energy goes to waste, and you can draw from the grid when your system isn’t producing enough, helping you save money while ensuring a reliable power supply.

This process means you can significantly reduce your power bills while ensuring that any excess energy you generate is put to good use.

What Are the Financial Benefits of Using Solar Panels for BC Hydro’s Self-Generation Program?

To maximize the benefits of the self-generation program, you need a well-designed renewable energy system, such as solar panels. Going solar isn’t just good for the planet—it’s a smart investment that pays you back year after year.

Here’s how to serve to benefit from solar panels and how self-generation helps maximize your financial return.

Lowers Your Electricity Bills and Helps You Save On Energy Costs

The biggest advantage of this program is reducing your electricity bills. Instead of relying solely on BC Hydro for power, you generate your own clean energy. Every kilowatt-hour (kWh) your solar panels generate means less electricity you need to buy from BC Hydro. Over time, this can significantly lower your power bills, helping you get the most value from your system.

Allows You To Earn Credits for Surplus Energy

With self-generation, any extra power your solar panels generate doesn’t go to waste. BC Hydro gives you credits for it, and when your panels aren’t producing enough electricity, you can draw power from the shared supply generated by local solar energy producers.

During the sunny months, your system may produce more electricity than you use. Instead of going to waste, that extra energy is sent to BC Hydro’s distribution grid, and you’ll be issued excess generation credits that you can use towards future electricity use.

Protects You Against Rising Electricity Costs

Electricity rates tend to fluctuate, but with solar panels, you’re shielded from price increases by producing your own power.

Increases Property Value

Homes with solar panels are more desirable than ever, especially in BC, where green living is a priority. Buyers recognize both the cost savings and environmental advantages, and studies show that solar-powered homes sell faster and for higher prices than those without.

Qualifies You for Potential Tax Incentives and Rebates

Homeowners in BC may qualify for government incentives that help lower the upfront cost of solar installations, depending on available programs. This makes switching to solar even more affordable.

Who Should Consider the Self-Generation Program?

The self-generation program is an excellent choice for homeowners and businesses that want to lower electricity costs and embrace renewable energy. It’s especially beneficial if your roof gets plenty of sunlight, as this will allow you to generate maximum power during peak hours.

Those who use a lot of electricity at home or in a business with high daytime energy demand can see significant financial benefits. Eco-conscious property owners can take pride in reducing their carbon footprint and supporting a cleaner, more sustainable energy grid.

Since the program is voluntary, it’s available to all properties that use electricity, whether they generate renewable energy through solar panels, wind, or hydro. Because solar is the most common and accessible option, most participants own properties with solar panel systems.

Who Is Eligible to Apply for the Self-Generation Program?

BC Hydro’s self-generation program is open to residential and commercial customers who meet specific criteria.

To qualify, you must:

• Generate renewable energy: Your system must use renewable sources, such as solar, wind, or hydro.
• Connect to BC Hydro’s grid: Your system must be connected to BC Hydro’s distribution network.
• Have a system size under 100 kW: The maximum allowable generation capacity is 100 kW, which is typically more than enough for residential and small business applications.
• Meet safety and technical standards: Your solar panel system must comply with all applicable safety codes, permits, and technical standards required by BC Hydro.

While this energy-conserving program is encouraged for all property owners as a way to save money and support a greener province, eligibility requirements do apply. If you meet this eligibility criteria, you can apply for the program and start benefiting from energy savings and credits.

How Do You Get Started With Solar and Self-Generation in BC?

If you’re ready to take advantage of this one-of-a-kind self-generation program, here’s how to begin:

• Assess your energy use: Review your BC Hydro bills to determine how much power your household or business consumes. This will give you a clear idea of how much you could save with solar energy.
• Consult a professional solar installer: A solar expert will evaluate your roof’s potential, recommend the right system size, and outline installation costs.
• Install or upgrade your solar panels: If you don’t have solar panels yet, this is the time to get them installed. If you already have a system but it’s outdated or underperforming, consider upgrading to more efficient panels or adding battery storage for better energy management. Modern solar technology can significantly improve your energy production and savings.
• Apply for BC Hydro’s self-generation program: Your installer will help you submit an application and ensure your system meets BC Hydro’s requirements.
• Connect to the grid and start saving: Once approved, your system is installed, connected, and ready to generate power. Any excess electricity you produce earns credits on your bill.
• Monitor and maintain your system: Regular maintenance ensures your solar panels continue operating efficiently for decades, maximizing your long-term savings and energy production.

Embracing solar is a step-by-step journey that leads to lasting benefits. The process may seem complex at first, but with the right guidance from professionals, it becomes a seamless transition. Once your system is up and running, the rewards of clean energy, lower bills, and a more sustainable home or business make every step worthwhile.

How Do You Apply for the Self-Generation Program?

Applying for BC Hydro’s self-generation program becomes straightforward with help from professionals, making the switch even more appealing and rewarding.

First, consult with a certified solar installer to design a system that meets BC Hydro’s requirements.

Once your system is planned, you or your installer can apply for the program via your MyHydro account on BC Hydro’s website.

After application approval, proceed with the installation, obtain the necessary electrical inspection approvals, and then connect your system to the grid to start generating your own clean energy.

Install Solar Panels and Start Contributing to BC’s Future of Clean Energy

Switching to solar power isn’t just about saving on electricity bills—it’s about taking control of your future energy needs. Every kilowatt you generate moves you closer to a more sustainable and self-sufficient lifestyle. If you’ve been considering solar, there’s no better time to start.

BC’s self-generation program makes solar power a smart investment for homeowners and businesses looking to lower energy costs and support renewable energy initiatives. By going solar, you take control of your electricity bills and contribute to a stronger, more sustainable energy grid. You also help reduce overall energy waste in BC’s consumer energy sector.

If you’re ready to switch to solar, now is the time. Take the first step today and harness the power of the sun for a brighter tomorrow. Contact Ready Solar Inc, a trusted solar installer with expertise in all types of buildings and the latest solar technology. We understand the ins and outs of this program and will guide you through every step of the process. Call (604) 262-6919 today!