Solar Panel - Skyline Energy Fund

NEB Releases its Economics of Solar Power in Canada Report

November 28, 2018 Insights

The National Energy Board (NEB) has just completed their summary of “The Economics of Solar Power in Canada (ESPC)”. This report studies the financial viability of typical solar power projects in over 20 000 Canadian communities. ESPC does this by estimating the amount and cost of electricity these projects might generate. It then compares these costs to local electricity prices to understand whether it makes financial sense to install solar. Four types of solar projects were considered: residential, commercial, community, and utility-scale.

The summary is an interesting read, but if you’re strapped for time, I’ll summarize: its data proves that it’s cheaper to build a solar system and consume the power locally than to purchase power from a Local Distribution Company (LDC). Exciting news for both Skyline Energy and the Skyline Clean Energy Fund.

Rob Stein

President, Skyline Energy

 

Article Link: The Economics of Solar Power in Canada (ESPC)

More from this category:

The Sustainable Investment With Solar Experts Behind It

Rob Stein, President, Skyline Energy discusses the history behind Skyline’s clean energy initiatives, and the launch of Skyline Clean Energy Fund.



Innovative Bio Gas Technology by Skyline Energy

Skyline Energy Explains: Biogas, A Natural & Renewable Type of Energy Generation

Like solar, wind, and hydro, biogas is a natural, renewable, and low-carbon alternative to traditional energy generation.



Skyline Energy Bio Gas Feature

Skyline Energy explains: What happens inside a digester?

The Skyline Energy team explains how digestate and its byproduct of biogas are created inside an anaerobic digester.