Benefits of the microFIT program

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Under this program you will be paid a guaranteed price over a 20-year term (40 years for waterpower projects) for all the electricity you produce and deliver to the province’s electricity grid. 

  • Get paid for the power you produce, with prices that:
    • are designed to cover the costs of a typical project – purchase, installation, connection, operating and maintenance
    • allow you to earn a reasonable rate of return on your investment over the term of your contract.
  • Contribute to a healthier environment by:
    • generating electricity from renewable sources – solar photovoltaic (PV), wind, water and bioenergy
    • helping to replace coal-fired generation across the province by 2014 and reduce greenhouse gases and other pollutants
    • being part of the largest climate change initiative in North America and it’s happening right here in Ontario.
       
  • Help to create new local businesses and green jobs:
    • as demand rises for technologies such as solar panels, wind turbines and biomass, more Ontarians will be needed to design, build, install, operate and maintain these technologies.