Ontario Proposes Massive Renewable Energy Boost With New Feed-In Tariff Program

Renewable energy in Ontario could get a massive financial boost with newly proposed feed-in tariff rates. Though Ontario has had feed-in tariffs for about two years, the project size was capped at 10 MW, under the newly proposed rates that cap is lifted or raised for most technologies (solar power not being one of them). Feed-In Tariff Costs Shared Across All Electricity Consumers For those unfamiliar with feed-in tariffs, qualifying projects receive an above-market rate for the electricity they produce, fixed for a given time period (say 20 years). All of the electricity produced is sent into the grid. The costs of implementing the ince...