Rooftop Solar Leases – Knowledge is Power

In May of 2009, the Ontario legislature passed the Green Energy Act, 2009 (the "Act") as part of the province's plan to become a leading sustainable energy economy and to provide incentives for the development of renewable clean energy sources such as wind, solar, hydro and bio-fuel while at the same time advancing the government's agenda to eliminate coal from the energy supply mix and to create new employment opportunities for Ontarians. One of the key features of the Act, in addition to facilitating and expediting the approval process for renewable energy projects, is the introduction of the Feed-in Tariff ("FIT") program, offered through the Ontario Power Authority ("OPA"), pursuant to which renewable energy developers will receive a set revenue stream for a fixed period according to the type and volume of energy produced. The FIT program has spawned tremendous interest in rooftop solar projects, both small and large scale. In addition to nearly 1,200 applications