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
