4 minute read
Join the Solar Club
The Solar Club was created by Green Alberta Energy in partnership with over 25 local energy marketers, with the goal of helping customers capitalize on the investment they made by installing a small microgeneration system. If you’ve taken the time and made the decision to invest in solar on your home, farm, commercial building, or irrigation field - the Solar Club was created just for you.
Launched in 2019, the Solar Club hit the ground running with members profiting by over $1 million in the first year alone. Flash forward to the present, and it’s estimated that by the end of 2022, in aggregate, Solar Club Members will have received a combined value of $7.5 million! Those earnings come from exports to the grid, free RECs, the cash back program, and the value of carbon offsets purchased through our aggregation program (more on that in a bit).
By the end of 2021, Solar Club Members had exported a combined 23.6 million kWh since the program’s inception. We estimate that by the end of 2022 this number will grow by another 25 million kWh, bringing the total to almost 50 million kWh of green energy shipped to the grid. That means that we are on track to see the total amount of green energy being exported back to the grid hit 100 million kWh by 2024, beating our 2030 goal by six years!
In a huge boost to our Solar Club program, we are thrilled to be partnering with Radicle Balance and Solar Offset for our Carbon Offset Credit Platform.
Your solar PV system’s electrical generation represents carbon offset credit generation, which we also refer to simply as carbon credits. A carbon credit represents a onetonne reduction in or removal of atmospheric carbon dioxide or equivalent (CO2e). Carbon credits are generated from projects, such as your solar system, that prevent emissions that would have taken place without the project.
Participation in our Carbon Offset Credit Platform is easy! In just three easy steps, you can be on the way to generating and selling your carbon credits.
1. Choose either a fixed price or variable price and register using the online form. Our aggregators will assess your enrollment and determine if you qualify to participate.*
2. Run your system as normal until the verification period, at which point your credits will be verified and
serialized for trading on the open market.
3. Receive your first annual payment for your carbon credits!
* Eligibility is based on ownership of the credits, and that the credits have not been sold to any other party by way of certain financial incentives applied for and received at time of installation.
Microgenerators now have the option of choosing either fixed or variable pricing for their carbon credits, but this will depend on your risk tolerance.
With your help, the Solar Club can genuinely make a difference. If you have installed a solar system on your house, business, or farm, you are officially invited to join the Solar Club. Make a meaningful change, and reduce your carbon footprint!
When you join the Solar Club, you gain access to an exclusive High Export Rate (25.85 ¢/kWh) and an exclusive Low Export Rate (8.30¢/kWh) that you can switch between at any time with just 10-days notice.
There is no fee to join the club; however, as a member, we ask that you share the spirit of giving and make a voluntary donation to your local food bank or a charity of your choosing. The food bank is one of our network’s many community partners, and giving back to the community where we all live is what it’s all about.
For more information about the Solar Club and the Carbon Credit Offset Program, or to sign up you can email customercare@greenalbertaenergy. ca or call (403) 726-9694.
Supporting a reliable and sustainable power industry.
403.918.8258 info@psti.ca www.psti.ca
• Reputable engineering consulting firm, established for over 20 years, based in Calgary, Alberta. • Opportunity identifier of renewable generation in the most solar-rich province in Canada – Alberta. • Economics analysis – project viability, strategy, historical power pool price analysis to support FID. • Proven records for working on 10+ GW generation projects, including 5 GW renewable ones. • Conduct studies for T&D interconnecton (load or generation), DERs. Specialized studies like inverter simulation and modeling, effective grounding, TOV,
TRV and RAS issues. • Owner’s engineer role in overseeing the whole project. • Detailed facility design in high quality. Assemble package for construction bidding. • Mission critical tasks in protection, grounding,
safety, cyber security, compliance and audit preparation. PSTI designed 1,200+ major relays’ settings and schemes for protecting power system and power plants. • Working on projects in Alberta, Saskatchewan,
British Columbia, Yukon, and the U.S. • Familiar with grid codes and power utility companies in Western Canada. Authored a White
Paper for the AESO. Have our name on your projects for compliance and efficiency between utilities and developers. • Visit psti.ca/agt-dashboard with a free-to-register account to view quasi-real-time power pool performance for each of 260+ generators including 10 utility-grade solar plants in Alberta. Past years’ hourly and per-minute data (for BESS) are available at cost.
www.delcommunications.com
DIGITAL
Helping your members stay connected is WHAT WE DO.
We offer outstanding personal service and quality in the areas of... • Creative Design • Website Design • Advertising Sales • Print and Web Magazine Publications • Online E-newsletters • Online Directories