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ARTICLE · 04 APRIL 2012

Ontario Feed-In-Tariff 2.0 Released

Dentons Canada LLP
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The results of the much anticipated review of the Ontario Feed‐in‐Tariff Program (the "FIT Program") were released today (the "Review Report").

CanadaEnergy and Natural Resources
Vivek Bakshi
Vivek Bakshi
Helen Newland
Helen Newland
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The results of the much anticipated review of the Ontario Feed‐in‐Tariff Program (the "FIT Program") were released today (the "Review Report").

The FIT Program, North America's first comprehensive renewable energy feed‐in‐tariff regime was enabled by the Green Energy and Green Economy Act (Ontario) in 2009 and began accepting applications in October 2009. Since that time, the Ontario Power Authority (the "OPA") has received over 10,000 applications for power purchase agreements under the program (each a "FIT Contract") and gone on to execute FIT Contracts representing over 4,600 MW of renewable energy capacity.1

The Review Report:

  • confirms and strengthens Ontario's commitment to the development of renewable energy generation and a clean economy;

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