06 Sep '13, 8pm

Ontario Reveals New FIT Structure

Ontario Reveals New FIT Structure

Ontario is putting its new feed-in tariff program out for public feedback -- just in time for a RenewableEnergyWorld.com road trip to the region. Last month the Ontario Power Authority (OPA) announced upcoming changes to the FIT program , including carving out large projects , adding enticements for municipalities, and adjusting domestic content provisions (thanks to the WTO's ruling ). Now the FIT 3 draft is ready for public viewing; feedback is being accepted until Sept. 20. The OPA's Web site summarizes the changes both in summary and an in-line document comparison . Here they are in a nutshell: As promised, pricing has been adjusted, specifically slashing prices for solar. (Here's the rundown , and comparison to April rates .) The domestic content requirement has been lowered, to 20 percent for onshore wind (vs. 50 percent), and anywhere from 19-28 percent for several ...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/09...

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