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ARTICLE · 17 MARCH 2009

Ontario´s Proposed Feed-In Tariff Prices

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On Thursday March 12, 2009, the Honourable George Smitherman, Deputy Premier and Minister of Energy and Infrastructure, (the “Minister”) and Colin Andersen, CEO, Ontario Power Authority, provided further details of the proposed feed-in tariff program for renewable energy projects contemplated under Bill 150, the Green Energy and Green Economy Act, 2009 (“Bill 150”).

CanadaEnergy and Natural Resources
John Vellone
John Vellone
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On Thursday March 12, 2009, the Honourable George Smitherman, Deputy Premier and Minister of Energy and Infrastructure, (the "Minister") and Colin Andersen, CEO, Ontario Power Authority, provided further details of the proposed feed-in tariff program for renewable energy projects contemplated under Bill 150, the Green Energy and Green Economy Act, 2009 ("Bill 150").

Bill 150 was introduced in the Ontario legislature on February 23rd, passed second reading on March 11th, and was ordered to the Standing Committee on General Government. It proposes an amendment to the Electricity Act, 1998 that allows the Minister to issue directives to the Ontario Power Authority to develop a feed-in tariff program to procure energy from renewable energy sources, including wind, water, biomass, biogas, biofuel, solar, geothermal, tidal forces and other sources prescribed by regulations (the "FIT"). The FIT will combine standard pricing with standard program rules and

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