Yes, there are two incentives to encourage participation in the FIT Program by community groups:
In addition to the FIT Program, the Community Energy Partnerships Program provides financial grants to community groups that are developing renewable energy projects.
For more information, visit www.communityenergyprogram.ca.
For the purposes of the FIT Program, a community will have to meet community participation requirements found in the FIT Rules. Community is defined to include:
No, to qualify for the adder you would have to apply to the FIT program.
Community-based projects receive incentives to participate because these projects have additional barriers and higher project costs than other projects driven by commercial developers. An additional price incentive is available to community-based projects to help ensure they are financially viable. Additional incentives and support mechanisms are intended to help level the playing field for groups that would otherwise be excluded from developing renewable energy projects.
Incentives to encourage the participation of community groups were structured to encourage partnerships with local communities and to encourage community partners to maximize their equity share.
Yes. The adder is available on a sliding scale based on the equity interest of a community group. The contract is structured to allow for increases in the economic interest of a community over time.
Through the Community Energy Partnerships Program the province provides one-time support to community groups to assist with the "soft" or developmental costs associated with new renewable energy projects. This helps communities in Ontario, including farmers, co-ops and non-profit organizations bring green energy projects to life.
Through the Municipal Renewable Energy Program, the province will provide support to municipalities for costs associated with new renewable energy projects.
While many of these costs are, and will continue to be, appropriately charged to the developers themselves, it is expected some additional costs may arise.
The Municipal Renewable Energy Program is currently under development. Please send your inquiries to MREP@powerauthority.on.ca.