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New FIT/microFIT Price Schedule Available

from Ontario Power Authority

As required by the August 29, 2014, Minister's direction, the OPA has posted an updated FIT/microFIT price schedule. The OPA is required to review the prices offered to generators under the FIT and microFIT Programs on an annual basis to ensure both ratepayer value and a fair return on investment. The OPA thanks those who provided feedback during the recent price review. The new price schedule will be effective immediately for the FIT Program and will apply to any FIT contracts that are offered after September 30, 2014, including FIT contracts offered through the extended FIT 3 procurement. The new price schedule will not apply to any FIT contracts offered pursuant to the July 30, 2014, Offer List. The new price schedule will be effective on January 1, 2015 for the microFIT Program and will apply to Application Approval Notices that are issued on or after January 1, 2015. more


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