September 21, 2016: FIT Program Documents Version 5.0.1 Posted
To provide further clarity in response to questions received and to incorporate a small number of administrative refinements, the IESO has posted Version 5.0.1 of the FIT Rules and Standard Definitions in advance of the upcoming FIT 5 Application Period. A table outlining the changes has been posted, as well as blackline versions against the August 26, 2016, FIT 5.0 documents.
No changes have been made to the FIT Contract or the Prescribed Forms; Version 5.0 Prescribed Forms will continue to be accepted.
Updated Transmission Availability Table Posted
An updated transmission availability table has been posted to reflect a correction to the availability information of the Shabaqua DS. All other information in the table remains unchanged from the table dated and posted on August 26, 2016. The transmission availability table dated August 26, 2016, as amended by the September 21, 2016, correction, constitutes the full and final transmission availability table for purposes of FIT 5, and no further changes will be made, unless determined by the IESO in its discretion.
The time the Application Period will be opening on October 31st has been updated; the Application Period will now open at 11:00:00 a.m. EPT. This has been updated on the Defined Terms for the Current Application Period page.
FIT/microFIT Price Schedule Available – August 31, 2016
The IESO has posted a new FIT/microFIT price schedule for 2017.
In response to the annual price review questionnaire that was posted on July 8, 2016, six submissions were received by the July 28, 2016, deadline. The responses received formed an important part of the price review and helped in the development of the 2017 price schedules. The IESO thanks those who provided feedback during the recent price review. In accordance with IESO’s engagement principles, responses have been made available on the Stakeholder Engagement page.
The IESO is required to review the prices offered to generators under the FIT and microFIT programs on an annual basis to ensure both ratepayer value and a fair return on investment. A slide deck has been posted that provides background and supporting information on the 2017 prices.
The new price schedule will be effective on January 1, 2017, and will apply to microFIT Application Approval Notices and FIT contracts, including FIT contracts offered through the FIT 5 procurement, that are issued on or after that date.
See the Newsroom for more program updates »