MicroFIT Version 2.0 has Officially Launched

Posted by Admin on July 12, 2012

Microfit 2.0 is now accepting applications from both pre-existing and new applicants. The OPA will commence awarding 50 MW worth of projects.

For existing applicants, those who submitted their applications between September 1st of last year and April 5th of this year will be subject to version 2.0 of the microFIT rules. These applicants must submit a revised application form to the OPA between July 12 and August 10th. Those who submit their applications within this window will keep their original time stamp and reference number and will have priority reviews by the OPA. The pre-existing applications that have not been re-submitted between this window will be terminated.

As for the new applicants, they will also be subject to the new rules and all new applicants must register before applying. New applicants will not be reviewed until all pre-existing applications have been processed. This may take several weeks, and the OPA encourages new applicants to monitor their accounts for updates on their application’s status.

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Revision of the FIT Program

Posted by Admin on July 11, 2012

The Ontario Minister of Energy initiated a directive for the Ontario Power Authority to revise the FIT and microFIT rules and go forth in implementing the programs. Click here to read this directive.

Over the next week or so, the OPA will be revising the rules which will be posted with the new edition of the contract form. The government will instruct the OPA to issue and approve the microFIT contracts, then let in a window of smaller FIT projects (under 500 kW). Larger FIT projects are anticipated to commence in early 2013. The announcement from the provincial government is expected shortly.

Ontario Provincial Budget has Passed

Posted by Admin on June 21, 2012

The provincial budget was finally passed, and the threat of election has been lightened this week in Ontario. After a week of heated arguments between Premier Dalton McGuinty and Andrea Horwath, amendments to the initial budgets were made, and the revised budget was passed. The revision included the wealth tax on the people who make over $500, 000 a year which was surprisingly supported by the Conservative party.  This tax was supported by 78% of people in a Forum Research poll taken this April.

Hudak, the leader of the Conservatives, aimed to achieve a budget that could boost job growth and cut down at the $10 billion debt that Ontarians have accumulated.  This new budget is relevant to all fields of business in Ontario. Last May, there was a sudden halt in the microFIT process. Now that there is no threat of election anytime soon, the microFIT program is here to stay and should continue to prove itself as a beneficial and “green” movement.

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Feed-In Tariffs around the Globe

Posted by Admin on March 13, 2012

The global financial crisis played a significant role to a decline in the Feed-In Tariff programs’ support in Europe while it was on the rise in other countries such as China and India. China introduced its first FIT program in August 2011; at the same time Japan’s Parliament approved FIT in the wake of the nuclear crisis which expected to start running fully this July.

Germany saw an unprecedented rise in solar system installations last year, while cuts to the FIT were recently announced. In the United Kingdom, proposed reductions were ruled unlawful by the court. Spain temporary suspended its FIT in 2012 which attracted strong criticism from the European Commission: “The suspension of all new renewable energy projects will also have a disturbing impact on investment in this sector. How can we plan to reduce dependence on fossil fuels and develop new industries and jobs if we create such a volatile investment climate?”

Back home, we have less than a month to wait and see what FIT review holds for all of us. Will Ontario continue to differentiate its energy mix with clean and renewable sources or will it hold on to fossil-fuel and nuclear dependency?

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Coming to your neighborhood in 2020 – SMART homes!

Posted by Admin on March 6, 2012

Ever wondered what does “smart home” mean? Have you ever thought what kind of new appliances and gadgets your house will have by 2030?

Check out fun and interactive tool which was developed by the Ontario Smart Grid forum – Ontario’s Smart Home Road map - it shows modernization process of our electricity system.

The most part we like about it? You guessed it – solar roofs! But wait, you don’t have to wait until 2020 to get them – contact us today to find out benefits of using solar energy for your household!

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Ontario won’t alter local content in green-energy

Posted by Admin on February 23, 2012

n an interview with Reuters, Energy Minister Chris Bentley said the review will be complete by the end of March, and, as has been widely expected, will recommend cuts in generous government subsidies for the production of green energy. Bentley would not say how big the cuts will be, however.

“I am working really hard to get it done in the first quarter… I know people are anxious,” he said.

The centerpiece of the program is the feed-in tariff (FIT), a plan similar to ones in Germany and Spain that pays above-market rates to producers of renewable energy from sources such as the sun, wind and biomass.

The province says the FIT program, which pays some of the world’s richest rates to solar power producers, has attracted investment commitments of C$26 billion ($26 billion) and created more than 20,000 jobs.

Central to the FIT program’s job-creating strategy are local content rules, which require projects that want FIT financial support to source 50-60 percent of their equipment and services in Ontario.

Bentley said the requirement would not be tampered with in the review. “We are committed to those rules,” he said.

Bentley confirmed widespread expectations that FIT rates will be cut because the costs of raw materials and manufactured components have fallen. He declined to comment on which types of renewable energy will face rate reductions and by how much.

“We are anticipating changes to the pricing because the cost of solar modules have dropped considerably,” National Bank Financial analyst Rupert Merer said.

In a recent report, Merer said solar module prices have crashed from close to C$4 per watt to as low as C$1 per watt in the more than two years since the FIT was set up.

He said the province was “absolutely looking” at adding new technologies, such as energy storage or small wind projects, to the FIT program. Wind energy is covered by the program but all projects receive the same rate, unlike solar, where small projects are paid higher rates.

Nuclear power will continue to generate 50 percent of Ontario’s power, Bentley said, despite plans by several European countries, including Germany and Belgium, to exit nuclear after the Fukushima disaster in Japan.

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