Yesterday the Ontario Power Authority (OPA) proposed that rooftop solar electricity producers be paid 80.2 cents per kWh of electricity that they produce under a long-term contract. This rate will apply to most residential photovoltaic systems.
This guaranteed-pricing structure is called a feed-in-tariff (FIT). The FIT program will replace the OPA's Renewable Energy Standard Offer Program that currently pays solar electricity producers 42 cents per kWh.
| Proposed Feed-In Tariff Prices for Ontario Renewable Energy Projects |
| |
| Technology |
Size of System |
Price Paid to Producer (¢/kWh) |
| Solar PV (Rooftop or Ground Mounted) |
≤10 kW |
80.2 |
| Solar PV (Rooftop) |
>10 ≤ 250kW |
71.3 |
| Solar PV (Rooftop) |
>250 ≤ 500 kW |
63.5 |
| Solar PV (Rooftop) |
> 500 kW |
53.9 |
| Solar PV (Ground Mounted ) |
>10kW ≤ 10 MW |
44.3 |
(Adapted from OPA, updated May 14, 2022)
The OPA will be engaging in an eight-week consultation process with renewable energy stakeholders and general public information sessions before rates and details are finalized.
Read more: http://www.powerauthority.on.ca/Page.asp?PageID=122&ContentID=6858&SiteNodeID=134&BL_ExpandID=
Notes: According to the OPA, the Government of Ontario is also expected to introduce low-cost financing for residential renewable energy projects as part of the Green Energy Act.
PV systems are also eligible for the Home Renovation Tax Credit of $1,350 until February 1, 2010.