Step 7: Contract offer acceptance

After you have received your contract offer, review the contract carefully and ensure that you understand all of the terms and conditions. We encourage you to consult legal counsel to ensure that you fully understand your responsibilities under the contract. 

You must accept or reject the contract offer within 45 days or the contract offer will be revoked and your application will be terminated.

The Applicant must access its My microFIT Home Page itself, and not through a representative, to accept the microFIT Contract.  Under no circumstances may a third-party representative accept a contract or make the declarations and representations or agree to the other terms and conditions during the contract acceptance process. 

After you have accepted the contract, the status of your application will change to "Contract Accepted." The contract price for your microFIT project will correspond to the FIT price schedule in effect for the renewable fuel type and applicable project size tranche on the date the Application Approval Notice was issued. You must accept the contract offer in order to be paid for the electricity generated by your project.

Applicant responsibilities

  • Review all of the information in your contract.
  • Ensure that all the information is accurate, current and correct and if necessary, , request changes to be made by either your LDC or the IESO.
  • Accept or decline the contract offer within 45 days or the contract offer will be revoked and your application will be terminated.
  • Continue to monitor your My microFIT Home Page for messages from the IESO.