Home › Public Consultation › Past Events › Q&A Tool/Stakeholder submissions › Q&A Tool › Q&A Tool

Q&A Tool

Category:  Solar - Contract Pricing
Subject:  Application of new FIT rates to existing RESOP SOCs
ID:  10008
Date:  4/2/2009
Question:  I have an existing 10kW micro gen solar RESOP contract. I have already begun construction of the facility and will complete it this spring.

Will there be an opportunity for these existing 10kW rooftop RESOP holders to change over to the FIT since it is double the amount (80.1 cents versus 42) ?

It would otherwise seem quite unfair.
Answer:  The OPA realizes there are a number of homeowners and developers who have signed RESOP Contracts who now may want the proposed prices under the FIT program. Existing OPA contract management polices do not provide for generation developers to option from one contract to a new contract as a result of a better offer coming forward. All contracts signed are binding on both parties. The draft FIT Program Rules are consistent with this policy and reflect that once a Contract has been executed, it is considered final.

Throughout the ongoing development of the draft Program Rules over the next few months, options for ensuring the fair treatment of early movers under RESOP will be explored and discussed with stakeholders.

Back to Q&A Tool