July 8, 2016 – Draft FIT 5 Materials Posted and Annual Price Review Commenced

The IESO has posted draft versions of the FIT 5 Rules, FIT Contract, Standard Definitions, and certain Prescribed Forms for review and comment. These draft materials reflect the policy direction from the Minister of Energy outlined in the April 5, 2016 direction. As a reminder, some final versions of FIT 5 Prescribed Forms and Templates are currently available on the Rules and Application Materials web page and may be used by potential applicants in advance of the IESO finalizing the remainder of the FIT 5 materials.

Feedback is encouraged on all aspects of the draft materials posted for review and comment and will be considered for the development of the final FIT 5 materials. Comments and feedback can be provided via email to FIT@ieso.ca using the feedback form, by July 28, 2016.

All draft materials and the feedback forms are available on the Draft FIT 5 Program Documents page. In accordance with IESO’s engagement principles, all responses will be made available on the IESO’s website. 

Following the feedback period for the draft FIT 5 materials (ending July 28, 2016), the IESO will finalize the FIT 5 Rules, Contract, Standard Definitions and the remaining Prescribed Forms. The final versions of the materials, as well as updated FIT Transmission Availability Tables, will be made available in advance of the FIT 5 application window, which is expected to open before November 1, 2016. 


A webinar to discuss the draft FIT 5 materials will be held on July 20, 2016. Participants will have the opportunity to ask questions and provide feedback either by phone or on the web.

Date: July 20, 2016
Time: 1:00 PM to 3:00 PM
Registration URL: www.meetview.com/ieso20160720
Local Phone: (+1) 416 764 8640
Toll-Free Phone: (+1) 888 239 2037

Annual Price Review

The IESO is required to undertake an annual review of the prices offered to generators under the FIT and microFIT programs to ensure both ratepayer value and a reasonable return on investment. To support this review the IESO has posted a pricing questionnaire that may be completed and submitted by any interested party. The responses received will form an important part of the price review and will help the IESO develop the 2017 price schedules.

The pricing questionnaire is available in PDF and Word versions. In accordance with IESO’s engagement principles, all responses will be made available on the IESO’s website. 

The deadline for submitting questionnaire responses is July 28, 2016. Please email completed questionnaires to FIT@ieso.ca.

Next Steps

Following the deadline for questionnaire responses, the IESO will review and consider all feedback, as well as other information, as part of its comprehensive price review. A resulting price schedule for 2017 will be posted publicly by September 1, 2016 and will be effective immediately thereafter for the FIT 5 procurement, and on January 1, 2017 for the microFIT program.