If you’re a customer-generator, if you generate electricity from a renewable energy source and if your installation is connected to one of Hydro-Québec’s off-grid systems, except the Schefferville and Lac-Robertson systems, Net Metering Option III may be of interest to you. It allows you to inject your surplus power into the Hydro‑Québec grid in exchange for credits applied to reduce your bill. Inversely, if the power you generate is not enough to meet your needs, you can draw power from the Hydro‑Québec grid and enjoy reliable, high-quality service.
Your electricity bill will periodically be accompanied by a report that shows your consumption in kilowatthours (kWh), how much electricity was supplied by Hydro‑Québec and how much you injected into the grid. If you generate more than you use, the surplus will earn banked credits that will be deducted from your future bills.
Managing your surplus bank
Under the Net Metering Option III for customer-generators connected to an off-grid system, if you feed in more electricity to the grid than you draw out, the surplus is put into a bank in the form of credits.
The value of the power injected into the system is equal to the number of kWh injected multiplied by a price that varies depending on the type of generating station that supplies electricity to the off-grid system to which your electrical installation is connected.
Prices for electricity injected based on the type of generating station that supplies the off-grid system:
-
Heavy fuel oil power plant:
/kWh
-
Light diesel power plant:
/kWh
-
Arctic diesel power plant:
/kWh
Rates in effect April 1, . This table does not replace the Electricity Rates document in any way whatsoever.
A bill under a contract with Net Metering Option III for customer-generators cannot be below the applicable system access charge.
These credits cannot be exchanged for money or transferred to another electrical service contract. They will expire after a certain period of time.
Your surplus bank will be initially reset to zero at the start of the consumption period beginning on or after March 31 following your initial sign-up. After that, it will be reset to zero every 24 months. In other words, you have two years to use your credits, apart from those accumulated during the first months.
You may make arrangements with Hydro‑Québec for a later reset date, as long as it falls within the 24 months following your sign-up. Your bank will then be reset to zero at the start of the consumption period beginning after the selected date, and every 24 months thereafter. Since the first reset is scheduled for March 31 after you sign up for this option, be sure to contact us before then.
Example for a Rate D, DM or DN customer-generator
Consumption period 1
Baseline data
-
Kilowatthours supplied by Hydro‑Québec
500 kWh
-
Kilowatthours injected into Hydro‑Québec grid
300 kWh
-
Surplus bank balance – previous period
$0.00
Bill calculation
Value of electricity injected (arctic diesel power plant) |
/kWh x 300 kWh = |
Surplus bank |
$0.00 + = |
System access charge |
x 30 days = |
Energy supplied by Hydro‑Québec |
/kWh x 500 kWh = |
Amount due for electrical service |
+ = |
Maximum amount to be withdrawn from surplus bank |
– = |
Amount due after withdraw from surplus bank |
= |
Surplus bank balance |
– = |
Consumption period 2
Baseline data
-
Kilowatthours supplied by Hydro‑Québec
800 kWh
-
Kilowatthours injected into Hydro‑Québec grid
250 kWh
-
Surplus bank balance – previous period
Bill calculation
Value of electricity injected (arctic diesel power plant) |
/kWh x 250 kWh = |
Surplus bank |
+ = |
System access charge |
x 30 days = |
Energy supplied by Hydro‑Québec |
/kWh x 800 kWh = |
Amount due for electrical service |
+ = |
Maximum amount to be withdrawn from surplus bank |
– = |
Amount due after withdraw from surplus bank |
= |
Surplus bank balance |
– = |