microFIT Overview

With the achievement of the annual procurement target in late 2017, the IESO is no longer accepting applications. Program information will remain available for microFIT participants.

The province’s 2017 Long-Term Energy Plan looks at emerging opportunities for consumers to participate in renewable energy generation to reduce their electricity bills through net metering. Learn more about how the IESO is supporting the development of net metering.

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.

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