A startup in the heart of Canada's oil and gas production region is incentivizing residential conversion to solar power with a cloud-based "virtual power plant" that allows customers to use their own stored power, as well as power from the grid, at "wholesale" rates during periods of peak energy usage.
Calgary-based Solartility also is offering residential customers a zero-down leasing option for a rooftop photovoltaic solar panel installation complete with battery storage and an EV charger, according to a report in the Toronto Star.
The key to the system—a feature that makes it unique, the company says—is a bi-directional interval meter, which records power flow in two directions on an hourly basis.
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