Additional Price Incentives

The FIT price schedule includes provisions for projects that have different levels of equity ownership by community-based proponents. This means that, depending on the level of equity ownership, community-based projects will receive a price "adder" in addition to the FIT contract price.

The following table shows the maximum level of the community price adder that a project could receive in addition to the contract price:

Community price adder

Renewable Fuel

Wind

Solar PV

(ground-mounted)

Water

Biogas

Biomass

Landfill Gas

Maximum community price adder (¢/kWh)

1.0

1.0

0.6

0.4

0.4

0.4

*Rooftop solar PV projects are not eligible for a community price adder.

Community-based projects will receive a price adder in proportion to the percentage of equity ownership by the community group.

For example:

 

50 to 100 percent control

eligible for the full price adder

40 to 49 percent control

eligible for 80 to 98 percent of the price adder

25 to 39 percent control

eligible for 50 to 78 percent of the price adder

10 to 24 percent control

eligible for 20 to 48 percent of the price adder

(10 percent is the minimum level required)

The following examples are provided for illustrative purposes:

  1. A 10 MW on-shore wind project with a community participation level of greater than or equal to 50 percent would be eligible to receive the FIT contract price of 13.5 cents/kWh, plus an additional 1.0 cent/kWh. This means that the total price would be 14.5 cents/kWh for this project.
  2.  A 10 MW on-shore wind project with a community participation level of 30 percent would be eligible to receive the FIT contract price of 13.5 cents/kWh, plus an additional .6 cents/kWh (60 percent of 1.0 cents/kWh). This means that the total price would be 14.1 cents/kWh for this project.
  3. A 10 MW on-shore wind project with an Aboriginal participation level of 15 percent and a community participation level of 15 percent would be eligible to receive the FIT contract price of 13.5 cents/kWh, plus an additional .75 cents/kWh. This means that the total price would be 14.25 cents/kWh for this project.

    The calculation is as follows:

    Aboriginal portion: 30 percent x 1.5 cents/kWh = .45 cents/kWh
    Community portion: 30 percent x 1.0 cents/kWh = .30 cents/kWh
    Total adder: 0.75 cents/kWh