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The impact of changes in FIT 2.0

Ontario’s Feed-in Tariff program was introduced in 2009, when the province enacted the Green Energy and Green Economy Act as a means to stimulate renewable energy generation and to promote related businesses in Ontario. Under this program, the provincial government procures renewable energy from qualifying large and small-scale generators by granting long-term contracts at guaranteed stable rates. In late 2012, the program was re-launched with a new set of rules and guidelines, as FIT 2.0, which were then amended in December 2012 creating the current rules and contract forms (version 2.1). In this quiz, we review some scenarios incorporating the key changes applicants developing projects under the FIT program will need to be aware of.

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