On March 22, 2012, the Ontario government announced the results of the scheduled two-year FIT Program Review. The objective of the review was to ensure the long-term sustainability of the program.
The government’s announcement and the FIT Program Two-Year Review Report are available by clicking here <http://news.ontario.ca/mei/en/2012/03/moving-clean-energy-forward-creating-jobs.html> .
The Ontario Power Authority has now posted draft Program Rules and draft Contracts on the FIT <http://fit.powerauthority.on.ca/comments-welcome-draft-fit-program-rules-and-contract> and microFIT <http://microfit.powerauthority.on.ca/comments-welcome-draft-microfit-program-rules-and-contract> websites that reflect the report recommendations. Comments are being accepted on the draft documents until April 27, 2012.
The FIT program has been very successful to date, with about 2,000 FIT contracts being awarded for renewable energy projects and more than 12,000 microFIT projects across the province connected and contributing clean energy to the grid. The program changes strike a balance between the interests of ratepayers and the need to continue building on the success of the clean energy economy.
During the consultation period, more than 3,000 Ontarians contributed their views on the way forward for the FIT and microFIT programs. The changes to the FIT and microFIT programs reflect the input gathered through this consultation process.
Information on the revised programs is now available. For information on the FIT Program, click here <http://fit.powerauthority.on.ca/results-fit-program-review-now-available> . For information on the microFIT Program, click here <http://microfit.powerauthority.on.ca/results-microfit-program-review-now-available> .
Thank you for your interest in the clean energy economy.