Ontario reduces feed-in tariffs 1-5% for solar PV

Share

After scrapping its domestic content rules in July, the Ontario Power Authority (OPA) published annual revisions to its feed-in tariff at the end of September. Rates have been reduced 1-5% for the FIT and MicroFIT programs, to C$0.274-0.384 (US$0.25-0.35) per kilowatt-hour.

The changes for the FIT, which covers projects 10-500 kW in size, took effect September 30th. MicroFIT rates will take effect on January 1st, 2015. Solar PV in the two programs is capped at 200 MW annually, though undersubscribed capacity from the previous year is rolled over.

NPD Solarbuzz expects impact on the province's market will be limited. “In terms of its overall market impact it is negligible on previous forecasts, because the decline rates are so low,” says NPD Solarbuzz Senior Analyst Michael Barker.

This has not always been the case. In 2013 Ontario eliminated projects above 500 kW from the feed-in tariff, cut rates 25-39% and capped projects at 200 WM annually under the FIT 3 program. At the time the OPA also announced that it would move to a competitive solicitation for larger projects.

OPA is still finalizing rules for this program for PV projects above 500 kW, and NPD Solarbuzz expects the program to be rolled out in 2015. In 2013 the government of Ontario set a target to procure 140 MW of utility-scale PV annually through the program.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Mercedes-Benz testing new solar paint

02 December 2024 Mercedes-Benz said it is now evaluating a 20%-efficient, non-silicon photovoltaic coating that is significantly cheaper than conventional solar module...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.