HPAC Magazine

What do the results of Ontario’s review of its microFIT and FIT programs really mean?

March 30, 2012 | By HPAC Magazine

Following the first review of Ontario’s signature Feed-in-Tariff (FIT) Program, the provincial government announced that it will implement all the recommendations, which include:

  • Creating more jobs sooner by streamlining the regulatory approvals process for projects while maintaining the highest environmental protection standards.
  • Reducing prices – for solar projects by more than 20 per cent and wind projects by approximately 15 per cent.
  • Encouraging greater community and Aboriginal participation through a new priority point system, which will also prioritize projects with municipal support.
  • Reserving 10 per cent of remaining capacity for projects with significant participation from local or Aboriginal communities.
  • Developing a Clean Energy Economic Development Strategy to leverage Ontario’s significant expertise and strengths to become a global leader in the sector.
Join CanSIA on Friday 30, March 2012 from 2 p.m. to 4 p.m. to hear from leading experts in Government Relations, Energy Policy Development, Electricity Market Strategy, Regulatory Affairs and Market Intelligence to learn what the results of Ontario’s review of the province’s microFIT and FIT programs really mean.  Register for this webinar to hear from industry experts.



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