Wow, the Alberta deal does not sound that attractive to encourage solar unless I am missing something. Power looks cheap so I would wonder why anyone would spend the money beyond altruism or a grid backup with a hybrid system?. With a credit for generation only not T&D and no way of banking credit ahead what am I missing?
At near 45 degrees latitude I have significant seasonality for my production and my usage. I need to have access to the grid as a "battery" so I can build up credit in the summer to make up for abysmal production and much high usage in winter. I probably still would have solar but a lot less of it. I am also lucky that I don't have a reconciliation date so I can carry a credit forward.
Most states used Net Metering as a "carrot" to get solar installed. In my state, NH, they needed a big carrot so we got a very generous net metering rule. The trade off is we had near zero solar installations due to the high cost of equipment. My first small system was learning system for me and even though I did my own install, its payback at best is decades. I have some other friends who put in a much larger system and they just regarded it as big down payment on future power bills. This was before the US government passed the 30% (now lower) tax credit for solar. That got the production of equipment up which dropped the price substantially. When I first looked at solar, panels were $10 a watt, I got a "great" deal at $6 a watt. When the federal tax credit was passed panels dropped to $2 a watt and with Chinese dumping of the panels, bulk panels are in the $0.50 range with deals getting as low as $0.30. The reality is that subsidies are no longer needed in most areas as solar is getting down to a four year payback but getting people weaned off tax credits is not easy. My state had a cap on net metering of 1% of the installed generation, that was bumped up to 2% and there is pressure to do it again but the general thought in the legislature is to sunset some of the net metering benefits.
No it's not that great compared to other areas. When I installed my panels there was a rebate of $0.90/watt from the provincial government to help offset installation costs, this rebate has now ended. As far as electricity prices go, there are no feed-in-tariffs or otherwise to boost the price for renewable energy, now if any large consumer want to sign a PPA with a renewable generator for a higher price they can. I had originally calculated my simply pay back period to be 18 years prior to knowing how much we would self consume. I now calculate that to be closer to 12 years, using our 35% self consumption rate and updated power prices. There is no doubt I would have been better off to invest the money from the system and make higher returns, but the general consensus here is solar doesn't work and is a waste of time and money. I could get the math to pencil out, so went ahead and bought the system, as much in an effort to prove that thought wrong, overall I'm happy with the system and is a hedge against the inevitable rise in power prices.
As far as small electrical consumers are concerned we have a couple options; our electricity connection is provided by the wire service provider (WSP), but the actual electricity is provided by another retailer, this retailer can be the same as the WSP on a regulated or variable rate or we can choose another retailer. I have chosen a retailer that also has the option for consumers to pay an added fee to purchase renewable electricity. As a generator I have the option of 2 rates, currently 22 cents/kwh and 6.5 cents/kwh, and they allow us to switch twice per year. I switch to the high right at the spring equinox, and switch back to the low rate at the fall equinox. Allowing me to get paid more when I have an energy credit, and pay less during the winter.
With Alberta's system there is incentive placed on self-consumption of the energy generated, to avoid paying the transmission fees, and we deliberately time things like the dishwasher and washing machine to run during peak daylight hours. Although at the current time there isn't enough cost incentive to justify a house battery.
We sit at 55.2 degrees latitude. Seasonal variation is a considerable concern up here, I have generated 7.39 kwh so far this month due to snow on the panels, an amount that would equate to a very dark rainy day in June. Without seasonal energy storage solar PV will only have limited success up here on a large scale.
I spent some time up in Whitehorse, Yukon working on their LNG fueled powerplant. Whitehorse's electricity primarily comes from a hydro-electric dam, supplemented by LNG and diesel generators in the winter, when river flows drop and demand increases. It's a very intriguing site with the dam and generators housed on one site. I was also amazed at the amount of solar PV installed within the city, which turns out was installed due to large rebates from the utility and the government. Solar PV was definitely a sore spot with the utility workers, they even brought me over to the dam to show the surplus water being spilled around the dam, at the same time purchasing power from solar PV at inflated prices. There was belief within the utility that if that rebate money had been used to upgrade the reciprocating engine powered generators, the net CO2 reduction benefit and $/kwh reduction would have been much greater, as the extra energy for solar PV is not needed in the summer.