Review of Ontario Feed-inTariff underway
November 3, 2011
As of October 31, 2011 the Ontario Power Authority is undergoing its 2-year review of the Feed-in-Tariff (FIT) program for renewable energy. Both the legislation implementing the FIT and the province’s Long-term energy plan released in November 2010 require this review.
The price schedule for FIT projects will be a major focus of the review. In its news release, the Ontario Power Authority stated that new prices would be developed for the FIT program to balance the interests of ratepayers with the desire to continue to encourage clean energy investments in Ontario.
There is general acknowledgement that the prices for some renewable technologies, notably solar, have decreased since the implementation of the FIT program and therefore price adjustments are likely in order. As reported by pv-magazine online The Canadian Solar Industry Association (CanSIA) admits that photovoltaic prices have fallen considerable since 2009 and is requesting clear FIT rules going forward.
The review will also look at the long-term sustainability of clean energy procurement, Ontario-based manufacturing and job creation. It will consider a range of issues such as whether new technologies should be included, local consultation and renewable approval processes.
The OPA is requesting feedback through an online survey or written submissions until December 14, 2011. More information can be found at http://Ontario.ca/FITreview
