microFIT News and Overview

Latest Updates

microFIT Program Update - November 14, 2017

There are 7.5 MW remaining in the 2017 Annual Procurement Target, as of November 10, 2017. The IESO will only accept applications under the microFIT Program until 11:59 p.m. EPT on December 28, 2017, or until the final 50 MW Annual Procurement Target is reached, whichever is earlier.  Read full news article. en français

 

microFIT Program Update - September 21, 2017

As of September 15, 2017, there are 19.3 MW remaining in the 2017 procurement target. Updates on the amount of capacity remaining in the 2017 Annual Procurement Target can be found in the microFIT bi-weekly reports. Read full news article. en français


  

See News and Bi-weekly Reports for more updates

What is microFIT?

The microFIT Program supports the development of small or “micro” renewable electricity generation projects (10 kilowatts (kW) or less in size) such as solar panel installations.

Participants are paid a guaranteed price over a 20-year term (40 years for waterpower projects) for the electricity they produce and deliver to the province’s electricity grid.

Guaranteed prices are designed to:

  • cover the costs of a typical project
  • earn a reasonable rate of return on the investment over the term of the contract.

microFIT Program Overview document

An introduction to the program, and things to consider before participating.

The microFIT Program is a streamlined program for small renewable energy projects under the umbrella of the Feed-in Tariff (FIT) Program, which was designed for projects generating over 10 kW of electricity. The program is part of the largest climate change initiative in North America.

Learn more about the FIT program