Ontario Power Authority Releases New Ground-Mounted MicroFIT Rate

The Ontario solar industry seems to have uttered a collective sigh of relief.  The OPA just announced details of a new ground-mounted microFIT rate, which they had earlier proposed to cut from 80.2 ¢/kWh down to 58.8 ¢/kWh on July 2. Under the new rules, projects submitted before July 2, 2010 will still get the original 80.2 ¢/kWh; those submitted after this date will in fact get a bit higher than the proposed 58.8 ¢/kW cut –  $64.2 ¢/kWh.

The OPA’s response should give the industry the confidence to continue to invest in solar projects in Ontario.  The extent of this confidence is certainly evident by the 1,000 MegaWatts of solar module manufacturing capacity in the province announced so far, as compiled on August 11 by Tyler Hamilton.

*A note on Tyler’s article, in fact one of the responses to it: it’s true that we are still in start-up mode, and our big focus for the next several months is setting up test and demo sites.  These systems will be set up in Ontario (the first one went up last week) and California.

That said, we are now putting together packaged 10 kW microFIT and 100 kW FIT solutions for Ontario, which we expect to be able to deliver on in approximately one year.  We will announce on our website when we can begin to take orders for these.  For now – for those who didn’t meet the July 2 cut-off, or who have projects in the pipeline, we are confident we will have a highly cost-effective solution.

Advertisements

One response to “Ontario Power Authority Releases New Ground-Mounted MicroFIT Rate

  1. Pingback: Electricity Prices Go Up Regardless | The Unofficial Morgansolar Weblog