Ontario is moving forward with its commitment to review the Feed-In Tariff (FIT) Program.

The review will consider a range of issues, including but not limited to:

• FIT price reduction
• ensuring the long-term sustainability of clean energy procurement
• continuing to build on the success of Ontario-based manufacturing and clean energy job creation
• consideration of new technologies and fuel sources
• local consultations and the renewable approval process (REA).

As a result of this review, new prices and rules for FIT contracts will be carefully developed to balance the interests of ratepayers with the need to encourage investments in new clean energy in Ontario.

Ontarians can provide feedback by answering an online survey or making a written submission at www.Ontario.ca/FITreview until December 14, 2011. The OPA hosted a webinar on Wednesday, November 2, 2011 to discuss the FIT Program Review. Please click here for the session archive. 

New FIT applications will continue to be accepted and time-stamped, but they will not be processed until the new version of the Program Rules and pricing schedule are available once the review is complete. They will then be subject to the new FIT Rules and pricing schedule. 

Existing FIT applications (those that were submitted prior to the announcement of the FIT Program review on October 31 and have not yet received a contract) will be processed under the new FIT Rules and pricing schedule once the FIT Program review is complete.

While not normally refundable, the OPA will refund the FIT application fee for applicants who wish to withdraw their application as a result of the program review announcement.

The FIT Program review will not affect existing contracts. Projects should proceed according to their existing contract terms and obligations.