Renewable Energy
In December 2005 The Renewable Energy Act and associated Regulations came into effect. This Act requires utilities to acquire at least 15 percent of the electrical energy that it sells from renewable sources beginning in 2010 and each year thereafter.
Maritime Electric has increased our use of Island wind energy from less than 3% in 2006 to 15% in 2008 by purchasing up to 52 Megawatts (MW) of wind generation from Prince Edward Island’s North Cape and Eastern Kings Wind Farms.
Also, Maritime Electric completed construction of a $2.5 million transmission line in 2007 that will see the delivery of wind powered energy from a commercial operation in western PEI to the North American Grid. Maritime Electric supports the development of Prince Edward Island’s valuable wind resource and its integration into the overall energy supply strategy in a timely and consistent manner. Wind powered energy continues to play a valuable role in the long-term energy supply planning process and will contribute to the reduction in fossil fuel generation.
Net Metering
A Government policy objective incorporated in the Renewable Energy Act was the introduction of net metering for small capacity renewable energy generators up to 100 kW in size. For over 25 years Maritime Electric has been working with customers to allow the connection of small generators powered by renewable energy sources to its system. Government’s intent in introducing net metering is to assist customers who want to supply a portion, or all, of their annual electricity load from their own small capacity renewable energy generation system.
Want to Know More about Net Metering?
Net Metering Brochure (2.17 MB)
