November 17, 2016 – Program update: microFIT Expectations
Earlier this year, the IESO communicated its concerns with respect to certain marketplace behaviours and temporarily ceased accepting applications until program enhancements to better protect the integrity of the program and its participants could be implemented as part of version 4 of the program.
Since the launch of version 4, the IESO has continued to encounter irregularities in the application submission and contract administration processes. The IESO would like to ensure that participants have sufficient information to enable them to make informed decisions about their participation in the microFIT program when using representatives. In response, the IESO has augmented its application review processes, which has affected application processing timelines.
The IESO wants to remind applicants, contract holders and representatives of their responsibilities with respect to the microFIT Program:
The IESO encourages current and prospective microFIT program participants to review the following information found on the microFIT website:
As consumer protection is paramount to the integrity of the microFIT Program, the IESO has posted a presentation to provide further clarity regarding program requirements and the IESO’s expectations, in an effort to address existing issues and continue to strengthen consumer protection and adherence to program requirements.
August 31, 2016 – FIT/microFIT Price Schedule Available
The IESO has posted a new FIT/microFIT price schedule for 2017.
In response to the annual price review questionnaire that was posted on July 8, 2016, six submissions were received by the July 28, 2016, deadline. The responses received formed an important part of the price review and helped in the development of the 2017 price schedules. The IESO thanks those who provided feedback during the recent price review. In accordance with IESO’s engagement principles, responses have been made available on the Stakeholder Engagement page of the FIT website.
The IESO 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. A slide deck has been posted that provides background and supporting information on the 2017 prices.
The new price schedule will be effective on January 1, 2017, and will apply to microFIT Application Approval Notices and FIT contracts, including FIT contracts offered through the FIT 5 procurement, that are issued on or after that date.
August 17, 2016 – microFIT system maintenance
On August 21, 2016, all functions of the My microFIT Home Page will be unavailable to allow for necessary updates to be made. The My microFIT Home Page will be returned to full service by 12:00 am on August 22, 2016.
July 8, 2016 – Annual Price Review
The IESO is required to undertake an annual review of the prices offered to generators under the FIT and microFIT programs to ensure both ratepayer value and a reasonable return on investment. To support this review the IESO has posted a pricing questionnaire that may be completed and submitted by any interested party. The responses received will form an important part of the price review and will help the IESO develop the 2017 price schedules.
The deadline for submitting questionnaire responses is July 28, 2016. Please email completed questionnaires to microFIT@ieso.ca.
June 21, 2016 - microFIT version 4.0 applications now being accepted
Version 4.0 of the microFIT Program is now available. The IESO will begin to accept microFIT version 4.0 applications as of 12 p.m. on June 21, 2016.
Applications will continue to be allocated towards the 50 MW 2016 microFIT procurement target. For information about capacity available under the current procurement target, please view the microFIT bi-weekly reports.
The 2016 price schedule has been updated to include the new price tranche for solar photovoltaic (PV) rooftop projects that are 6 kW or less.
Final microFIT version 4.0 rules, contract and supporting documents, are available in the program documents section of the website. The IESO will review applications that are submitted to ensure they are complete, eligible and contain all required information.
Please ensure that you regularly monitor your My microFIT Home Page for updates to your application status. En français>>