Previously, we have covered many of the programs in Alberta that are designed for solar microgenerators to optimize their electricity plan to maximize return on their solar investment, such as Enmax Seasonal Solar, and the many retailers that offer the Solar Club.
A program that neither is affiliated with UtilityNet’s Solar Club, or Enmax Energy is Sponsor Energy’s Smart Solar. In this article, we are going to explore Sponsor Energy’s Smart Solar and compare it to other solar plans of its kind.
Smart Solar Details
Sponsor Energy’s Smart Solar works just like comparable programs. It offers both a high and a low rate, designed for use in different seasons.
The high rate is suited for those whose solar microgeneration exceeds their usage during sunnier times of the year, paying out more money for the net solar energy they produce. The low rate is for the rest of the year, when those with solar need to start importing energy from the grid to make up for the decrease in production. Together, you can sell your excess solar energy during the summer at 30 cents/kWh and buy electricity during autumn or winter at Sponsor Energy’s very competitive rates.
Potential Benefits of Smart Solar
One of the points that is emphasized when discussing these types of solar plans is the importance of timing the switch between rates. For instance, due to the steep price of the High rate, you do not want to be on it during a period that you are a net-consumer of electricity, as you could get an unexpectedly high power bill when you are expecting to be paid instead.
Sponsor Energy’s Smart Solar can be entirely automated – and done so in your favour, removing the guesswork for getting the most out of your solar. This is a completely unique offering that other plans do not offer.
Additionally, we commend Sponsor Energy for being community driven and focused. For each new sign-up, you will be given the opportunity to choose the benefactor of a donation made on your behalf by Sponsor Energy, ranging from the Alberta Animal Rescue Crew Society, Alberta Cancer Foundation, or local food banks and more!
Potential Drawbacks
Sponsor Energy is known for its competitive rates, but between high admin fees and other types of fees, some users online stated that they had not seen the cheaper utility bills that they had expected. Additionally, some brought up that there is a 7-day period that they had to pay their utility bills before getting charged more for delayed payment.
However, there were many who claimed they saw savings through switching to Sponsor energy, and the perks they offer mean they have a unique position among competing plans, like the Solar Club and Enmax Easymax Seasonal Solar.
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