Ontario is moving forward with its commitment to review the Feed-In Tariff (FIT) Program. This includes the microFIT Program stream.

The review will consider a range of issues, including but not limited to:

• microFIT price reduction
• ensuring the long-term sustainability of clean energy procurement
• continuing to build on the success of Ontario-based manufacturing and clean energy job creation
• consideration of new technologies and fuel sources
• local consultations and the renewable approvalprocess (REA).

As a result of this review, new prices and rules will be carefully developed to balance the interests of ratepayers with the need to encourage investments in new clean energy in Ontario.

Ontarians can provide feedback by answering an online survey or making a written submission at www.Ontario.ca/FITreview until December 14, 2011.  The OPA will hold a webinar on Wednesday, November 2, 2011, at 10 a.m. in order to provide information. Please click here for information on how to participate in the webinar.

Existing microFIT applications submitted up to August 31, 2011 (within the OPA’s 60-day processing period) will be processed and issued conditional offers under the existing Rules and pricing schedule. 

MicroFIT applications that were submitted after August 31 and new applications will be subject to the new microFIT Rules and pricing schedule.  Applications continue to be accepted and time-stamped, but they will not be processed until the new version of the Program Rules and pricing schedule are available once the review is complete. 

The microFIT Program review will not affect existing contracts or conditional offers.