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FIT Program and microFIT program

Under the newly enacted green energy act the Provincial Govt. of Ontario has introduced a very progressive Fed-in-Tariff (FIT) Program for the residents of Ontario Province. This program ensures, by law, that the Govt. of Ontario will buy all the power generated from various renewable energy sources at a very attractive price.

Salient Features of the program

  • Once the contract is signed the rate of purchase is guaranteed and locked for 20 (twenty) yrs in respective of changes of the program or Government
  • The rates fixed under FIT for the electricity you produce and deliver to Provincial Grid is many times higher than the rate you pay for the electricity you consume from the Grid. This ensures you a good rate of return on your investment
  • Any homeowner, small & large business owner, farm owner, institutions like church & school, industries & commercial plazas can participate in the program by setting up power generation projects on their building and ground property
  • By participating in FIT program you are a part of green energy movement, helping in reducing green house gases, protecting the environment, and helping in creating new local business and jobs
  • You can also participate by way of leasing other's roof top, land or by way of forming co-operative