New Solar in Ontario

Ontario isn’t as GD senseless as Saskatchewan’s government. They actually have somewhat of a Feed In Tariff program underway.

The Ontario Power Authority has just extended its solar feed-in tariff program and selected another 99 MW of solar power projects to receive payments from it. This comes from 330 new contracts.

ontarioIn case you’re not familiar with feed-in tariffs, they are when renewable energy power producers are guaranteed a specific rate for the electricity they produce and send back into the grid for a specific period of time (e.g., 15 years or 20 years). This lets the homeowners and businesses lock in an attractive, low-risk return on their investments.

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