Feed-in Tariff Program

Feed-in Tariff Program

April 28, 2015: Draft FIT 4 Program Documents Available for Review and Comment

Draft versions of the FIT 4 Program Rules, Standard Definitions, Contract and some of the Prescribed Forms are now available for stakeholder review. The remainder of the Prescribed Forms not yet posted will be posted for stakeholder review promptly. These documents reflect the direction issued by the Minister of Energy on April 7, 2015 as well as feedback received on the FIT 2015 Discussion Paper. See more information about some of the key changes in the FIT 4 Enhancements document.

Feedback on all aspects of the draft documents is encouraged and will be considered for the development of the final FIT 4 Program Rules, Contract, Standard Definitions and Prescribed Forms. Comments and feedback can be provided via email to FIT@ieso.ca using the feedback form by May 14, 2015.

All draft documents including the feedback forms are available on the Draft FIT 4 Program Documents page.

A webinar to discuss the draft documents was held May 4, 2015 and the details are listed below. 

Date: Monday, May 4, 2015
URL:  www.meetview.com/ieso20150504
Presentation: FIT 4: Draft Program Documents Webinar

Next Steps
For other upcoming dates please see the FIT 4 procurement schedule that includes the procurement timelines for 2015 and 2016. These schedules are preliminary in nature and are subject to change.

Following the feedback period for the draft documents (ending May 14, 2015), the IESO will finalize the FIT 4 Program Rules, Contract, Standard Definitions and Prescribed Forms. The final versions of the documents, as well as updated FIT Transmission Availability Tables, are expected to be available by the end of May. The 2015 Application Period is anticipated to begin on July 13, 2015 and end on
July 30, 2015.

April 8, 2015: FIT Standard Definitions Version 3.1.1

The IESO has posted version 3.1.1 of the FIT Standard Definitions which clarifies the defined term “Contract Price” by specifying that the Contract Price is the price set out in the Price Schedule that is in effect on the date of publication of the Offer List. This revision includes the removal of the defined term “Base Date” (which does not impact the Indexed Contract Price as set out in Exhibit B of the FIT Contract). The revised version of the FIT Standard Definitions is named FIT Standard Definitions Version 3.1.1. No changes were made to the FIT Rules Version 3.0 or the FIT Contract Version 3.1.

March 26, 2015: FIT Contract Version 3.1

The IESO has posted version 3.1 of the FIT Contract, which reflects the January 1, 2015, amalgamation of the Ontario Power Authority (OPA) and the Independent Electricity System Operator (IESO) into a new organization that continued operations under the IESO name. These revisions include clarifications or changes resulting from the merger, including the introduction of new standard definitions for “System Operator” and “Sponsor”, as well as revisions to the standard definitions of “IESO” and “OPA”. New standard definitions can be found in FIT Standard Definitions Version 3.1. No changes were made to the FIT Rules Version 3.0 as a result of the amalgamation.

All successful extended FIT 3 procurement Applicants will be offered version 3.1 of the FIT Contract.


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